sexta-feira, 20 de março de 2009


Não perder este artigo do Economist sobre a situação da Irlanda, do qual chamo a atenção para seguinte passagem:
«Some economists would like an agreement that cuts public and private pay in tandem. As a euro member, Ireland cannot devalue to restore competitiveness. So wages must fall. Karl Whelan at University College, Dublin is sceptical that a co-ordinated pay cut is likely or even necessary. “This is a flexible market economy: with a 10% unemployment rate, wages will fall.” Indeed, they already are. A Dublin Chamber of Commerce survey found that nine out of ten firms were reducing or freezing pay; almost a third of respondents were cutting executive salaries by 10% or more.»

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