ausblenden:
Schlagwörter:
collective bargaining, competitiveness, European monetary union, fiscal policy, industrial relations, monetary policy, nation‐state, neo‐corporatism, productivity, wages
Zusammenfassung:
As nation states lose a number of monetary and fiscal policy powers through the introduction of European monetary union, national industrial relations systems may acquire a new importance. Within those countries where neo‐corporatist collective bargaining survives, it becomes a means whereby wages can adapt to different levels of productivity and competitiveness when devaluation and variable interest rates are no longer an option.
