Europeans have a tendency to call the financial crisis a US problem, or a crisis precipitated by the "Anglo-Saxon" model. The data suggest otherwise. Moreover, the corporate sector in Europe has a much lower capacity to finance investment from internal sources of funds, which implies that a...

The global industrial structure has been in a constant state of change for some time now. While China’s share has steadily grown, Western industrialised countries have mostly xperienced losses in industrial market share. Within Europe, the fates of the established ndustrialised nations have...

In the last few years the whole area of workers' participation in management has been much discussed in the countries of the European Community (EC). There are, essentially, two ways of participation, i.e. at shop-floor level where works councils are widespread - though in a variety of types -...

Worker participation is to be introduced by law in all major German enterprises in 1975 according to Federal Government plans. The new legislation which is to put the principle of the effective equality of labour and capital into practice has encountered fierce criticism, among employers in...