As the European Community moves towards full integration of its members' economies, one of the most far-reaching changes will be in the European labour market. The increased mobility of labour - as well as capital, goods, and services - will have profound consequences for workers, employers and unions. The authors address such questions as: will European unions become more decentralized and increase their infuence?; will the German system of industrial relations serve as a model for power-sharing between workers and managers?; do benefits systems hinder worker mobility?; will the completion of the EC internal market lead to reductions in the disparities in incomes across countries?; are European immigration policies responsible for creating unemployment in several countries?; and, what are the implicaitons of integration for other parts of the world?
Lloyd Ulman is an economist at the University of California at Berkeley. Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California ?Berkeley. His books include The European Economy since 1945 (Princeton, 2007) and Global Imbalances: The Lessons of Bretton Woods (MIT, 2006). William T. Dickens, a senior fellow in the Economics Studies program at the Brookings Institution, was previously a senior economist on the President's Council of Economic Advisers and professor of economics at the University of California, Berkeley.