Labor and an Integrated Europe - Softcover

Softcover

ISBN 10: 0815786816 ISBN 13: 9780815786818

Publisher: Brookings Institution Press, 1993

Synopsis

As the European Community moves toward full integration of its members' economies, one of the most far-reaching changes will be in the European labor market. Nontariff barriers to trade between the member countries will be removed, and workers will become free to seek employment anywhere in the Community. As these changes take place, individual markets stand to lose their national identities while workers and employers face profound challenges.

In this book, a group of leading labor economists and social scientists address an array of concerns about economic integration and provide insight into labor's likely response. They identify the challenges of the Single Market Program and explore the implications of western European integration for European industrial relations, European labor mobility, and economies and labor markets in the rest of the world.

The contributors assess the impact of economic unification on European trade unions, wage-bargaining, work rules, training programs, and benefits. They draw on U.S. experiences in the centralization and more recent decentralization of the work force, consider the German system of industrial relations as a model for power sharing between workers and managers, and explore current efforts of labor market restructuring and privatization in central and eastern Europe. They address such questions as: Will pension and health insurance arrangements constrain worker mobility? Will cross-country wage differences within the EC narrow? And will exchange rates and monetary unification exacerbate unemployment problems? They also examine the impact of unification on immigration policy, capital markets, and trade.

Labor and an Integrated Europe provides a much needed background for developing a coherent plan that deals with these crucial labor issues.

About this title

About the Author:

Lloyd Ulman is an economist at the University of California at Berkeley. Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California —Berkeley. His books include The European Economy since 1945 (Princeton, 2007) and Global Imbalances: The Lessons of Bretton Woods (MIT, 2006). William T. Dickens, a senior fellow in the Economics Studies program at the Brookings Institution, was previously a senior economist on the President's Council of Economic Advisers and professor of economics at the University of California, Berkeley.

Review:

"This volume provides a useful and timely treatise on a number of issues as Western Europe looks to Eastern Europe in the context of emerging relationships." — Choice

"This volume offers an illuminating analysis of the challenge that European integration will se for European labor." —Katharine G. Abraham, University of Maryland

"The impact of economic integration on labor markets among counties with different living standards is once again hot topic. This is the authoritative volume on European experience with wages, employment, and conditions of work. Among other reasons, it should be read as a benchmark for possible trends in North America." —Gary Clyde Hufbauer, Institute for International Economics

"This book does an excellent job of framing the labor market an industrial relations challenges facing an integrated Europe. It demonstrates why these topics can no longer be studied as independent national systems and illustrates the need for all of us in this field to become true internationalists." —Thomas A. Kochan, Massachusetts Institute of Technology

"This is an excellent and most timely set of essays. It brings the perspective of institutionally oriented economists, sociologists, and political scientist to bear on the labor market policy issues which well be central to the European Community's development over the next decade, regardless of the fate of the specific Maastricht Treaty provisions. Comparative and historical in scope, the essays set these issues in a context which should e most useful to scholars, students, and policymakers alike. There is really nothing as sharply focused and contemporary available. I recommend it highly." —Peter Lange, Duke University

About this edition

• Publisher: Brookings Institution Press
• Publication date: 1993
• ISBN 10: 0815786816
• ISBN 13: 9780815786818
• Binding: Paperback
• Number of pages: 303
• Editor: Ulman Lloyd, Dickens William T., Eichengreen Barry