EU labor market: a race to the top or bottom?

  • 2005-02-16
  • By Jeff Sommers and Charles Woolfson
The paradox that faced the Latvian construction firm Laval and Partners and Swedish organized labor and their respective governments represents, in microcosm, the challenge facing the EU project and globalization. Will labor mobility and innovation be deployed to increase efficiency and raise living standards, or will they merely be a pretext for a return to a contemporary version of the impoverished conditions for workers that prevailed before WWII? Will rich countries refuse access to their markets by less developed countries? Are private companies in the latter poised to use a comparativ...
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