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Pay and European Integration
The Internal Market and Relocation Strategies 42
European Economic Integration from the Standpoint
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agreements average Britain capital centralization companies comparative advantage competition coordination corporatism corporatist decentralized demand economic effects employees employment engineering enterprise Europe European countries European market Eurostat example factors favour Filter FitzRoy foreign investment France French Germany greater groups growth important incentives incomes policies individual industrial relations inflation inflationary internal labour markets Italy Japanese Labour Economics large firms locational macroeconomic major manual workers member countries merit pay monetary union negotiations newly industrialized countries OECD organizations pay bargaining pay determination pay increases pay policies payment performance pay period Portugal potential pressures problems productivity profit sharing recent reduced regions remuneration result risk of relocation role schemes Single European Market single market skills social partners Spain Spanish economy Table trade traditional sectors transfers of activity unemployment unit labour costs wage differentials wage flexibility wage structures West Germany