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date: 22 March 2019

Abstract and Keywords

In this chapter Gregory Jackson and Anja Kirsch review changes in employment relations in six countries broadly recognized as liberal market economies. They compare these cases on numerous indicators, including wages and inequality, collective bargaining, unions and employers’ associations, and employee voice institutions. While they find a common direction towards liberalization in all these cases, there remains substantial and often unrecognized diversity across these cases. Moreover, low levels of regulation in most of these domains translate into considerable internal diversity within these cases, since actors (corporations) have much greater latitude to choose employment relations strategies that suit their preferences.

Keywords: liberal market economies, varieties of capitalism, liberalization, institutional change

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