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The accord: an economic and social success story


  • Cook, P.


From 1983, Australia operated an Incomes Policy - the Accord. Senator Peter Cook, Australian Industrial Relations Minister, gave a Centre for Economic Performance-sponsored public lecture on the Accord in June 1991. In view of the considerable worldwide interest in the Accord, Senator Cook''s lecture is reprinted as a Centre for Economic Performance Occasional Paper to reach a wider audience. Peter Cook looks at the ways in which the Accord process facilitated a major assault on the impediments to economic growth and social equity in Australia in the 1980s, and argues that economic management should be achieved by consensus policies supported by social wage and industrial policy measures rather than economic and social confrontation.

Suggested Citation

  • Cook, P., 1991. "The accord: an economic and social success story," LSE Research Online Documents on Economics 21072, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:21072

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    Cited by:

    1. Cowgill, Matt, 2013. "A Shrinking Slice of the Pie: The Labour Income Share in Australia," MPRA Paper 46209, University Library of Munich, Germany.

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    JEL classification:

    • N0 - Economic History - - General


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