Labour Market Deregulation and Productivity: IMF Finds No Link

New research by IMF staff has found there is no evidence that reforms that deregulate labour markets have any positive impact on increasing the economy’s growth potential. As labour market deregulation has been a key ingredient in the IMF and troika’s financial bail-out programmes in several European member states, this raises serious questions about the way the IMF itself has managed the financial crisis – particularly in Europe.

ESO: Background information: How The Troika Breaches EU Law http://www.europeansources.info/record/how-the-troika-breaches-eu-law/

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