EU306 lecture slides-3 - European Economic and Monetary...

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Unformatted text preview: European Economic and Monetary Integration EXAM DATE Exam: week of April 6 Possibly April 9 at 17.00 ?? EU306 Section 1 Presentation/Paper Groups Group 1 Deniz Yalman, Ekin Sla Eke, Yamur Sabanc, Ilgn en Group 2 Aya Ayanlar, Gamze Yudum Yiit, Tue Kurcan, Heves Gizem Eyipolu Group 3 Berk Kale, Elif Cansu Yurdakul, Murat Dedeolu, Betl Ala Group 4 Bar Kantarc, Can Ylmaz, Gknur Altundi, Zbeyde Aytar Group 5 Evrim ahin, rem Srenkk, Berk Zurnacolu, Egemen Salha EU306 Section 2 Presentation/Paper Groups Group 1 Enis Manaz, Melih Ay, zgr Ertr, Tutku Asarkaya Group 2 Aylin ukur, Mehmet Ali Karamee, aatay Kuna, Hseyin ahin Group 3 zge Ok, Afet Gen, Erkan Okalan, Bahar zaknc Group 4 Bahar Kaya, Derya Durusoy, Boahan Olgun, Sinem Kayalar Group 5 Ahmet Emin Serdarolu, Ezgi Gnaydn, Kbra akar, lgen Kymk Group 6 Bahar Kocaman, Merve Sinta, Songl Ulu, Melis Ersaraolu Group 7 Elif Fevziye Mermerci, Tue Basaturul, Hakan Kl, Cihan zkan Group 8 enol Kzlaslan, Okan nan ahin, Gizem mr, Gizem Grz, Salih Erigen EU306 Section 3 Presentation/Paper Groups Group 1 ar Yldrm, Zerrin Grgn, Merve Mert, zge mek Group 2 Erdin Erdem, Ece am, Tansu Takran, zge Deniz alkan Group 3 Asl nc, Duygu Kasap, Can Olgu Erderen, Nilay Manav, Ahmet Yiit Tuncer Group 4 Halil Orhan, Hande Egeli, Melike Peksel, aatay Badur, Serhat Filiz Group 5 Pelin nal, Galip Avc, Ayegl Ayfer, Aye Begm elik, Nejla Akalan Group 6 Serter Met, Ece Snmez, Ali Bulut, Burkan Kutlu, Erdem Gleryz Group 7 dil Aksoy, Kortan Fndk, Merve zbey, rem iri, Diner imek Group 8 Hayri Kemiksizolu, Batu Yaarolu, Rya zen, Ayfer Tezik, Serdar Balu Inflationary Pressure and Labor Conflict Inflation in the 1960s jeopardized the corporatist wage structure of the postwar period In the late 1960s work stoppages began to occur where workers demanded higher wages Factors Leading to Friction in the Labor Market 1) Decline of agricultural workers to less than 15% of employment continent-wide Elastic supplies of labor in underemployed agricultural workers no longer exists 1) Unemployment as a whole declined leaving the threat of unemployment as a restraint on wage demands as no longer a viable option 2)Wage and price inflation did not subside even when unemployment rose, which indicated there were other factors at work Young no longer remembered what it was like to be unemployed People were no longer willing to sacrifice themselves for postwar reconstruction and preferred immediate gratification instead Factors Leading to Friction in the Labor Market (cont.) 1) The Soviet threat was seen as less immediate, removing one immediate incentive for labor and...
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EU306 lecture slides-3 - European Economic and Monetary...

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