The Role of Collective Bargaining in the Global Economy

The Role of Collective Bargaining in the Global Economy

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The book examines the ways in which collective bargaining addresses a variety of workplace concerns in the context of today.s global economy. Globalization can contribute to growth and development, but as the recent financial crisis demonstrated, it also puts employment, earnings and labourstandards at risk. This book examines the role that collective bargaining plays in ensuring that workers are able to obtain a fair share of the benefits arising from participation in the global economy and in providing a measure of security against the risk to employment and wages. It focuses on a commonly neglected side of the story and demonstrates the positivecontribution that collective bargaining can make to both economic and social goals. The various contributions examine how this fundamental principle and right at work is realized in different countries and how its practice can be reinforced across borders. They highlight the numerouschallenges in this regard and the critically important role that governments play in rebalancing bargaining power in a global economy. The chapters are written in an accessible style and deal with practical subjects, including employment security, workplace change and productivity and working time.Adopting an eight-hour workday, companies will receive a profit of 10 dollars. If company X adopts a ten-hour workday while company Y remains committed to an eight-hour day, the former will be able to increase its profit to 13 dollars. This isanbsp;...

Title:The Role of Collective Bargaining in the Global Economy
Author:Susan Hayter
Publisher:Edward Elgar Publishing - 2011-01-01


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