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dc.contributor.authorRATHGEB, Philip
dc.contributor.authorTASSINARI, Arianna
dc.date.accessioned2020-09-11T14:09:14Z
dc.date.available2020-09-11T14:09:14Z
dc.date.issued2022
dc.identifier.citationSocio-economic review, 2022, Vol. 20, No. 1, pp. 323-350en
dc.identifier.issn1475-1461
dc.identifier.issn1475-147X
dc.identifier.urihttps://hdl.handle.net/1814/68137
dc.descriptionThis is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted reuse, distribution, and reproduction in any medium, provided the original work is properly cited.en
dc.description.abstractThe marginalization of trade unions was a notable feature of the sovereign debt crisis in the Eurozone periphery. However, governments have recently imposed liberalizing reforms against union protests in the Eurozone core too. We argue that organized labour loses influence across the core-periphery divide because the ‘new economic governance’ puts national governments under enhanced pressure to compete against each other on wage and labour market flexibility—a process known as competitive internal devaluation. The article illustrates this argument through comparative quantitative indicators of liberalization and qualitative process-tracing in three core countries. Whereas Germany’s outstanding competitiveness position allowed its unions to extract significant concessions, their counterparts in France and Finland faced unprecedented defeats from governments aiming to restore economic growth by closing down the competitiveness gap to Germany. Our findings highlight the class power implications of the Eurozone’s reliance on the labour market as the main economic adjustment variable.en
dc.format.mimetypeapplication/pdfen
dc.language.isoenen
dc.publisherOxford University Pressen
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subject.otherCoFoEen
dc.subject.otherEconomyen
dc.titleHow the Eurozone disempowers trade unions : the political economy of competitive internal devaluationen
dc.typeArticleen
dc.identifier.doi10.1093/ser/mwaa021
dc.identifier.volume20
dc.identifier.startpage323
dc.identifier.endpage350
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dc.identifier.issue1
dc.rights.licenseAttribution 4.0 International*


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Except where otherwise noted, this item's license is described as Attribution 4.0 International