Contracting International Employee Participation: Global Framework Agreements (international Law And Economics)

Annotation In the last two decades, multinational companies (MNCs) and global union federations (GUFs) have started to negotiate so-called global framework agreements (GFAs) which define minimum standards for labor conditions across their locations. This book focuses on the question why companies conclude GFAs, and identifies four groups of incentives: reduction and privatization of conflicts; public relations; promotion of equal competitive conditions; exogenous requirements and avoidance of public regulation. Based on an in-depth analysis of incentives considered to play a dominant role in the decision of companies to conclude GFAs, the book attempts to predict under which conditions GFAs can be expected to proliferate in the future Front Matter ....Pages i-xxii Introduction (Felix Hadwiger)....Pages 1-8 Front Matter ....Pages 9-9 The Internationalization of Law: The Evolution of Labor Standards in Response to Globalization (Felix Hadwiger)....Pages 11-20 The Phenomenon of Global Framework Agreements (Felix Hadwiger)....Pages 21-60 Enforcement in Courts or Private Enforcement? (Felix Hadwiger)....Pages 61-83 Interests and Incentives of the Bargaining Partners (Felix Hadwiger)....Pages 85-108 Front Matter ....Pages 109-109 The Public Relations Effect of Global Framework Agreements (Felix Hadwiger)....Pages 111-135 The Implementation of Global Framework Agreements at Subsidiaries, Suppliers and Subcontractors (Felix Hadwiger)....Pages 137-172 Creating Institutions for International Dispute Resolution (Felix Hadwiger)....Pages 173-182 Front Matter ....Pages 183-183 Looking to the Future: Mediation and Arbitration Procedures for Global Framework Agreements (Felix Hadwiger)....Pages 185-199 Conclusions: Future Regulatory Potential of Global Framework Agreements and Implications for the Economic Analysis of the Internationalization of Law (Felix Hadwiger)....Pages 201-213 Back Matter ....Pages 215-233