The labour market and inflation in transitional growth: lessons from the Italian experience
The paper argues that in later-developing countries that have chosen an export-led growth strategy, such as Italy, growth is likely to be sped up in the initial stage when technology provides an increase in labor productivity to counterbalance the rise in money wages. As the stage of ‘unlimited supp...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10748 |