Seanad debates

Thursday, 19 June 2003

OECD Economic Survey of Ireland 2003: Statements.

 

The OECD is somewhat critical of the role of the social partnership agreements regarding wage increases. However, it acknowledges that the agreements have forged a common understanding of the problems facing the country and have contributed to industrial peace. The report also points out that there are signs that an adjustment in income expectations has begun to take hold and points to the new national agreement, Sustaining Progress, as a welcome example of this.

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