The Influence of Product Markets on Industrial Relations
Product markets are the foundation on which industrial relations institutions are built. Trade union strength is partly dependent upon the state of the labour market, but it is imperfections in the product market that are the precondition of their winning benefits for their members. Sectoral agreements consequently formed the basis for collective bargaining in most industrialised countries. But international competition has destroyed this for much of the private sector. Quasi-markets have undermined it for much of the public sector. The paper assesses the empirical economic literature on the impact of product markets. It considers enthnographic insights into how competitive pressures feed through to managerial behaviour. It concludes with alternative strategies - co-operative bargaining, legislative intervention, and consumer campaigns - that seek to defend labour standards from competitive erosion.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Machin, Stephen & Stewart, Mark, 1996.
"Trade Unions and Financial Performance,"
Oxford Economic Papers,
Oxford University Press, vol. 48(2), pages 213-241, April.
- Stephen Machin & M Stewart, 1995. "Trade Unions and Financial Performance," CEP Discussion Papers dp0242, Centre for Economic Performance, LSE.
- Acocella,Nicola, 2005. "Economic Policy in the Age of Globalisation," Cambridge Books, Cambridge University Press, number 9780521540384, September.
- Acocella,Nicola, 2005. "Economic Policy in the Age of Globalisation," Cambridge Books, Cambridge University Press, number 9780521832823, September.
- Ajit Singh, 2004. "Labour Standards and the 'Race to the Bottom': Rethinking Globalization and Workers' Rights from Developmental and Solidaristic Perspectives," Oxford Review of Economic Policy, Oxford University Press, vol. 20(1), pages 85-104, Spring.
- Professor Ajit Singh, 2004. "Labour Standards And The “Race To The Bottom”: Rethinking Globalisation And Workers Rights From Developmental And Solidaristic Perspectives," Working Papers wp279, Centre for Business Research, University of Cambridge.
- Ulman, Lloyd, 1974. "Connective Bargaining and Competitive Bargaining," Scottish Journal of Political Economy, Scottish Economic Society, vol. 21(2), pages 97-109, June.
- Nolan, Peter & Brown, William, 1983. "Competition and Workplace Wage Determination," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 45(3), pages 269-287, August.
- Brown, William & Terry, Michael, 1978. "The Changing Nature of National Wage Agreements," Scottish Journal of Political Economy, Scottish Economic Society, vol. 25(2), pages 119-133, June. Full references (including those not matched with items on IDEAS)