This working paper provides an overview of government and trade union responses to the economic crisis in the financial sector. It provides a comparative presentation of trade union and government responses to the crisis with particular emphasis on the country-specific conditions and practices...

At a time when the economic recession is more severe, and trade unions are weaker, than at any time since the War, it would be unproductive to speculate about the extent to which these changes have been imposed, acquiesced, or agreed by the workers concerned. Instead we focus on recent changes...