First published in 1980. This book covers areas of policy interest viewed from a social democratic perspective and each chapter takes a specific issue which would have been of concern to Labour in the 1980s, including some of the more controversial areas. The study reviews various problem areas and suggests policies which are realistic and applicable in the conditions of the 1980s. This title will be of interests to scholars and students of history and politics.

In this paper we explore the effects of labor demand shifts and population adjustments across metropolitan areas on the employment and earnings of various demographic groups during the 1980s. Results show that, although earnings and employment deteriorated for less-education and black males in most areas in the 1980s, there was a good deal of geographic variation in the magnitudes of these changes. Shifts in labor demand across local areas contributed to this variation, and had greater relative impacts on the earnings and employment of these demographic groups. We also find that popu- lation shifts across areas, presumably due to migation, at least partially offset the effects of these demand shifts. But less-education workers showed substantially lower population adjustments in response to these demand shifts. These limited supply responses apparently contributed importantly to relatively greater deterioration of employment and earnings of these groups in declining areas during the 1980s.

Subtitle on cover: The distortion of relative prices by monopoly in the labour market. Distributor from label on title page.

Progress report on labour market imbalance concerning employment opportunities for selected skilled worker trades in Canada - examines recent trends and discrepancies between labour demand and labour supply (incl. Projections to 1990), employment policy and training policy issues such as employment creation, full employment, part time employment, labour mobility, provision of training allowances and equal opportunities, labour information needs and forecasting, etc., and includes summaries of hearings. Bibliography pp. 166 to 169 and illustrations.

Presents a comprehensive study of labour market issues. The book examines the major areas through a combination of theory, economic statistics, summaries of important empirical studies and discussions of policies.

Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.