Economic globalization has intensified since the 1980s and created faster channels of international interdependence and an accelerating technology race. In this new asymmetric world economy the EU is facing a dynamic and flexible US system which takes advantage of the global quest for foreign...

Introduction: Liberalisation, privatisation and the labour market / Maarten Keune, Janine Leschke and Andrew Watt -- Privatisation and liberalisation of public services in Germany / Torsten Brandt and Thorsten Schulten -- Marketisation in Swedish electricity and postal services / Christer...

We find in cross-sectional investigations that wage restraint is either unchanged or increased following EMU in the vast majority of countries. This contradicts the predictions of a widely-cited family of models of labor market bargaining. In those, Germany would have been expected to display...