The crisis and social policy: The role of collective agreements

Vera Glassner and Maarten Keune published an article in the most recent number of the International Labour Review.

Based on an analysis of collective agreements concluded across the EU in 2008–11, the authors examine their contributions to social policy through provisions for short-time work, training, wage moderation, and flexibilization of wage setting and working time. They highlight the importance of collective agreements in this respect the distinction between the public and private sectors in this respect, contrasting the former’s very limited scope for integrative bargaining in the face of mounting budget deficits and austerity with the latter’s (initially) more balanced trade-offs between cost competitiveness and maintenance of employment and wages, especially in countries with coordinated bargaining systems.

Reference: Vera GLASSNER with Maarten KEUNE (2012) ‘The crisis and social policy: The role of collective agreements’, International Labour Review, Vol. 151 (2012), No. 4.

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