Jump to ContentJump to Main Navigation
National Labour Relations in Internationalized MarketsA Comparative Study of Institutions, Change and Performance$
Users without a subscription are not able to see the full content.

Franz Traxler, Sabine Blaschke, and Bernhard Kittel

Print publication date: 2001

Print ISBN-13: 9780198295549

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198295549.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 29 November 2020

Macroeconomic Wage Coordination

Macroeconomic Wage Coordination

(p.144) 10 Macroeconomic Wage Coordination
National Labour Relations in Internationalized Markets

Franz Traxler

Sabine Blaschke

Bernhard Kittel

Oxford University Press

Macroeconomic coordination refers to the coordination of pay negotiations adopted by a country's bargaining units across the economy. As long as the bargaining units are willing and able to modify their policy to achieve a common goal then there is macroeconomic coordination regardless of how differentiated and decentralized bargaining systems are. A corporatist approach lies on the notion of centralized interest intermediation. Centralized bargaining implies that market discipline can be achieved only with a negotiated and voluntarily established government. This chapter points out how inconsistencies concerning centralization and its implications can be attributed to the contrast of low degrees or bargaining centralization with corporatist practices. This chapter also relates the implications of centralization with such concepts such as internationalization, coordination, and embedding arrangements.

Keywords:   macroeconomic coordination, bargaining systems, bargaining units, corporatist theory, internationalization, coordination, embedding arrangements

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .