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Topic: Business
Number of pages / Number of words: 32 / 8944
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Self-evidently, a vertically integrated system has not emerged

for reasons that have been exhaustively analysed - differences of view about the role of

social policy, the immensely practical difficulties involved in resolving the collective

action problem, sustained employer opposition, the absence at EU-level of a ‘strong state

protagonist’ (Traxler, 1996) able to sponsor the creation of such a structure and the

3

process of EMU itself, i...


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negative rather than positive integration (for reviews, see

Faulkner, 1998; Hay, 2000). But neither has a ‘deregulated free-for-all’ emerged, in

which the central pillars of most national systems, i.e. an inclusive structure of sectorbased

on multi-employer bargaining, are being swept away. Instead, as in the case of the

EU polity, a complex multi-level system is emerging...


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