Labour Markets, Institutions and Inequality

'Good governance, social stabilization and economic justice are not luxuries that weigh down and impede the process of development. They are the essence of development itself. This book provides the documentation required to carry the point.'

- From the foreword by James K. Galbraith

Labor market institutions, including collective bargaining, the regulation of employment contracts and social protection policies, are instrumental for improving the well-being of workers, their families and society. In many countries, these institutions have been eroded, whilst in other countries they do not exist at all.

Labour Markets, Institutions and Inequality includes empirical case studies, from both developed and developing countries, which examine the role of institutions in ensuring equitable income distribution. The volume discusses the effect of macroeconomic, labor and social policies on inequality, highlighting how specific groups such as women, migrants and younger workers are affected by labor market institutions. Expert contributions demonstrate that in order to reduce inequality, countries must strengthen their labour market institutions through comprehensive policy formulation.

Contributors: C. Behrendt, P. Belser, J. Berg, S. Cazes, J. Martínez Franzoni, S. Gammage, M. Gerecke, D. Grimshaw, S. Hayter, M. Hengge, I. ['Yan'] Islam, C. Kuptsch, J. Ramón de Laiglesia, S. Lee, M. Luebker, J.C. Messenger, U. Rani, N. Ray, G. Reinecke, D. Sánchez-Ancochea, J. Woodall