Corporate author:
Australia. Department of TradeAustralian Council of Trade Unions (ACTU);
Australia. Trade Development Council (TDC)
Abstract:
In 1986, the Australian Council of Trade Unions (ACTU) initiated a fact-finding mission to a number of European countries that had addressed similar problems to those being experienced by Australia. In particular, the ACTU was interested in visiting those countries which had overcome balance of payments constraints in ways which produced low unemployment, low inflation and economic growth that was more equitably distributed. The mission's report examined, and made recommendations about, macroeconomic policies, wages, prices and incomes, trade and industrial policy, the labour market,... [+] Show more
In 1986, the Australian Council of Trade Unions (ACTU) initiated a fact-finding mission to a number of European countries that had addressed similar problems to those being experienced by Australia. In particular, the ACTU was interested in visiting those countries which had overcome balance of payments constraints in ways which produced low unemployment, low inflation and economic growth that was more equitably distributed. The mission's report examined, and made recommendations about, macroeconomic policies, wages, prices and incomes, trade and industrial policy, the labour market, industrial democracy and strategic unionism. The report also made appropriate recommendations for action. The section of the report on 'Labour market and training policies' was of particular importance to education and training. It stated that 'one of Australia's overriding concerns must be its deficient skills base as Australia's future international competitiveness would depend largely on how successful it is in creating advantages based on its ability to exploit up-to-date knowledge and skills-intensive products and processes. Success in a world of rapidly changing technologies will require a constant effort to acquire and develop state-of-the-art skills'. This view underpinned Commonwealth Government policies and programs for the next decade.
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Subjects: Equity; Labour market; Economics; Policy
Keywords: Government policy; Economic growth; Industrial policy
Geographic subjects: Oceania; Europe; Australia; Sweden; Norway; Austria; Germany; Great Britain
Published: Canberra, Australian Capital Territory: Australian Government Publishing Service, 1987
Physical description: xiv, 221 p.
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