Price changes and wage developments in Lithuania. Is it possible to improve the quality of life?

Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
Price changes and wage developments in Lithuania. Is it possible to improve the quality of life?
Authors:
Karlaitė, Dalia
In the Journal:
Social transformations in contemporary society [STICS]. 2017, 5, pdf
Keywords:
LT
Darbo apmokėjimas / Remuneration of work.
Summary / Abstract:

ENPurpose – to explore the paces of price changes and wage developments in Lithuania. Design/methodology/approach – analysis and synthesis of scientific literature, analysis and comparison of statistical data. Originality/Value – the wage developments and price changes in Lithuania are disclosed and the paces are compared with other EU countries. Findings – according to the statistical data, the pace of price changes is slower comparing with wage developments in Lithuania. Unfortunatelly, the society reacts more sensitive to price changes than wage developments. Practical implications – it is necessary for society to realise that not only the prices of products and services are changing significantly, but the wages develops too. To convert the today's prices into litas does no longer make sense. [From the publication]

ISSN:
2345-0126
Subject:
Sociologija / Sociology
Permalink:
https://www.lituanistika.lt/content/97900
Updated:
2022-10-10 21:36:53
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