Labour reforms boost eurozone exports

Report of a study published in July 2012 by The Conference Board. Despite the chaos, Europe's economies are regaining competitiveness through improvements in unit labour cost performance. While there remains much to be concerned about when it comes to the economic stability of Europe, there are indications that unit labour costs are retreating in even the most troubled countries — an encouraging sign for future competitiveness. But can gains in productivity and this momentum on the cost side be sustained?

The Conference Board http://www.conference-board.org/

Conference Board: Products & Services: Publications: Economies, Markets & Value Creation: Global Economies: Despite the Chaos, Europe's Economies Are Regaining Competitiveness through Improvements in Unit Labor Cost Performance, July 2012 http://www.conference-board.org/publications/publicationdetail.cfm?publicationid=2276

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