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Trade Unions and Economic Efficiency
The Economic Journal, 1983In this paper, I shall investigate a role for trade unions in increasing economic efficiency. This role is enabling an improvement in the allocation of riskbearing between a firm and its employees. The essential idea is straightforward. If employers and employees are both risk averse, the optimal wage contract will not leave one party bearing all the ...
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THE ECONOMICS OF CUSTOMS UNIONS
1982Publisher Summary This chapter focuses on the economics of customs unions. The customs union problem is entangled in the whole free-trade-protection issue. A customs union is more likely to operate in the free-trade direction, whether appraisal is in terms of its consequence for the customs union area alone or for the world as a whole.
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On the Economic Effects of Multiple Unionism
The Scandinavian Journal of Economics, 1995Summary: In a recent paper in this journal, Machin, Stewart and Van Reenan (1993), using establishment-level data for the UK, find that, ceteris paribus, plants with multi-unionism and separate bargaining arrangements pay higher wages than either those in which different unions bargain jointly or those in which there is a single union. In this paper we
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2022
This chapter introduces economic and monetary union (EMU). It describes the key components of EMU and what happens when countries join. EMU was the result of decades of collaboration and learning, which have been subdivided here into three periods: 1969–91, from the agreement to creation to its inclusion in the Treaty on European Union (TEU); 1992–2002,
Dirk Leuffen +2 more
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This chapter introduces economic and monetary union (EMU). It describes the key components of EMU and what happens when countries join. EMU was the result of decades of collaboration and learning, which have been subdivided here into three periods: 1969–91, from the agreement to creation to its inclusion in the Treaty on European Union (TEU); 1992–2002,
Dirk Leuffen +2 more
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19. Economic and Monetary Union
2014This chapter explains how the Economic and Monetary Union (EMU) was set up and the flaws within the system. It gives a brief overview of the euro crisis and its relationship to, and consequences for, EMU. Finally, it looks to the current debate on the future of EMU and the EU, including the development of an EU banking union.
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2023
Abstract The Eurasian Economic Union (EAEU) is a regional trade organization of five post-Soviet nations—Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia—designed to promote the free movement of goods, persons, services, and capital in accordance with the EAEU Treaty.
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Abstract The Eurasian Economic Union (EAEU) is a regional trade organization of five post-Soviet nations—Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia—designed to promote the free movement of goods, persons, services, and capital in accordance with the EAEU Treaty.
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2018
The Eurasian Economic Union (EEU) is a modern project of economic integration in post-Soviet space. It comes from the idea of Nazarbayev about the establishment of economic alliance, to obtain stability in Eurasia. The idea was supported by Putin, who called for the institution of an union to achieve economic prosperity against the globalization ...
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The Eurasian Economic Union (EEU) is a modern project of economic integration in post-Soviet space. It comes from the idea of Nazarbayev about the establishment of economic alliance, to obtain stability in Eurasia. The idea was supported by Putin, who called for the institution of an union to achieve economic prosperity against the globalization ...
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Union activity and economic resilience
1986The paper analyzes how the influence of labour unions over wage contracts may make an economy less "resilient". Loss of resilience is depicted in two conceptually independent ways: (i) the tendency of exogenous variations in unemployment to become perpetuated and (ii) the possibility that such swings may give rise to a wage-unemployment ratchet.
Lindbeck, Assar, Snower, Dennis J.
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Energy inequality in the Eurasian Economic Union
Renewable and Sustainable Energy Reviews, 2021Liliana Proskuryakova
exaly