Unions and Collective Bargaining : Economic Effects in a Global Environment

The development of industrial relations in different countries, can be essential in their efforts to balance competitiveness, with equitable wages, and improved working conditions. Consequently, a well-functioning labor market is essential for soli...

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Bibliographic Details
Main Authors: Aidt, Toke, Tzannatos, Zafiris
Language:English
en_US
Published: Washington, DC: World Bank 2013
Subjects:
GDP
GNP
Online Access:http://documents.worldbank.org/curated/en/2002/01/1989003/unions-collective-bargaining-economic-effects-global-environment
http://hdl.handle.net/10986/15241
Description
Summary:The development of industrial relations in different countries, can be essential in their efforts to balance competitiveness, with equitable wages, and improved working conditions. Consequently, a well-functioning labor market is essential for solid economic performance, as well as future economic growth, and, for the well-being of workers, and their families. And, the effects of globalization on workers, on firms, and on macroeconomic performance, relate critically to labor institutions such as, trade unions, and dispute resolution mechanisms. "Unions and Collective Bargaining" is a comprehensive, reference book which evaluates the economic effects of unions, and collective bargaining. This book provides a detailed survey, and synthesis of the economic literature on trade unions, and collective bargaining, and their impact on micro- and macroeconomic outcomes. It shows the effects of collective bargaining in different country settings and time periods.