We study the effect of worker bargaining power on global firms' boundaries. Our theory posits that outsourcing weakens … relationship-specific, outsourcing reduces the firm's exposure to ex-post worker opportunism. Hence, worker bargaining power … investments. Our empirical analysis relates global sourcing strategies to observable measures of worker bargaining power. We …

of gas supply in Europe. The over-arching themes are vulnerability (to supply disruptions, to supplier pricing power) and … fragmentation; and measures designed to overcome them, namely interconnection and consolidation of bargaining power. The first paper … consolidating buyer power in line with the concept of an EU Gas Purchasing Agency. …

) during the post-war period. It does so by restoring conflict and power to the forefront of macro theory and, in particular …