Search

To link to full-text access for this article, visit this link: http://dx.doi.org/10.1016/j.ijindorg.2009.02.008 Byline: Paulo Bastos, Udo Kreickemeier, Peter Wright Keywords: Bargaining; Open shop trade unions; Trade liberalisation Abstract: In an international duopoly model, we investigate how trade liberalisation impacts on collective bargaining outcomes when workers are represented by open shop unions. We find that, with intermediate levels of union density, trade liberalisation may lead to higher negotiated wages even if no trade occurs in equilibrium. In addition, we show that union wages may be higher with free trade than in autarky. Author Affiliation: GEP, University of Nottingham, United Kingdom Article History: Received 8 August 2007; Revised 13 February 2009; Accepted 24 February 2009 Article Note: (footnote) [star] We would like to thank two anonymous referees, as well as Rod Falvey, Kjell Erik Lommerud, participants at the Royal Economic Society Annual Conference in Nottingham, European Trade Study Group Annual Conference in Dublin, Midwest International Economics Meetings in Lawrence-Kansas, and seminars at the University of Porto and NIPE-University of Minho for helpful comments. Financial support from the Leverhulme Trust (Programme Grant F114/BF) is gratefully acknowledged. Paulo Bastos thanks Fundacao para a CiA*ncia e a Tecnologia for financial support.

A recent report from the Institute of Medical in Sao Paulo, Brazil, discusses a case of mucosa-associated lymphoid tissue (MALT) lymphoma in the orbital region. MALT lymphomas are rare conditions, and most non-Hodgkin's lymphomas of the orbit are extranodal lymphomas of B cells of the marginal zone of the MALT. The report highlights the importance of imaging tests and microsurgical biopsy for early diagnosis and surgical planning. The study emphasizes the need for further research and diagnostic elucidation in the field of MALT lymphoma. [Extracted from the article]

A new report from researchers at University Hospital Citta Salute & Science Torino in Turin, Italy, presents fresh data on Providencia, a type of Gram-Negative Bacteria. The study analyzed 6,774 isolates of Providencia strains from blood cultures in 27 European hospitals over a 3-year period. The research found that Providencia species exhibited notable antimicrobial resistance profiles, with high rates of resistance to third-generation cephalosporins and carbapenems. The study provides insights into the epidemiology of Providencia species in Europe and can inform antibiotic treatments and strategies for antimicrobial stewardship and diagnostics. [Extracted from the article]

The article offers information on the advantages and disadvantages of introducing clientelism in Latin America. It further presents several charts including Government Capabilities: An International Comparison, and, Government Capabilities and Overall Index of Policymaking. It also mentions that the capacity of its civil services, long afflicted with clientelism, corruption, and technical incompetence, was hardly better and coming in second last of the world's regions.

Mortgage lenders in competitive U.S. markets slashed standards Bank Competition, Risk Taking, and Their Consequences: Evidence From the U.S. Mortgage and Labor MarketsPublished July 6, 2018Available on the IMF website. [Extracted from the article]

Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in advanced and emerging market and developing economies. Using cross-country and sectoral data, we show that the decline in the relative price of tangible tradable capital goods provided a significant impetus to the capital deepening that took place during the same time period. The broad-based decline in the relative price of machinery and equipment, in turn, was driven by the faster productivity growth in the capital goods producing sectors relative to the rest of the economy, and deeper trade integration, which induced domestic producers to lower prices and increase their efficiency. Our findings suggest an additional channel through which rising trade tensions and sluggish productivity could threaten real investment growth going forward. JEL Classifications F10 * F40 * E31 * 040, 1 Introduction For decades, real investment in machinery and equipment has outpaced real GDP growth in many emerging market and developing economies. Since 1995, the real investment rate in machinery [...]

Mexico's New Liberalism in Foreign Investment and Technology Policy Choice and Global Structure How can we explain the new liberalism in Mexico toward foreign investment and technology? Earlier arguments that [...]