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Liberalisation, flexibility and industrial relations institutions: evidence from Italian and Greek banking

journal contribution
posted on 2023-06-08, 14:09 authored by Andreas Kornelakis
The article seeks to explain how institutions change within varieties of capitalism, focusing on an important institution for the world of work: wage bargaining. Although there is a widespread expectation that liberalization and firms’ needs for flexibility brings convergence to the liberal market model of decentralized industrial relations, recent literature suggests that diversity persists and that there are a range of different responses. This article contributes to the debate by applying a coalitional perspective to highlight the factors that influence divergent trajectories of change in wage bargaining. The case studies of Italian and Greek banking suggest that the existence of ‘employer associability’ may moderate decentralizing tendencies and facilitate the reform of industrial relations institutions, while ‘labour–state coalitions’ are critical for the survival of institutions. Finally, the article discusses the findings in relation to wider debates in the comparative political economy of work.

History

Publication status

  • Published

Journal

Work, Employment and Society

ISSN

0950-0170

Publisher

SAGE Publications

Issue

1

Volume

28

Page range

40-57

Department affiliated with

  • Business and Management Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2013-03-18

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    University of Sussex (Publications)

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