Labour Unions, Public Policy and Economic Growth

Discover the groundbreaking insights of Labour Unions, Public Policy and Economic Growth by Tapio Palokangas, published by Cambridge University Press in 2010. This compelling 252-page paperback challenges the conventional wisdom surrounding collective bargaining, presenting a theoretical model that highlights its potential to enhance welfare, particularly in the face of market failures. Palokangas argues that rather than being detrimental, labor unions can play a crucial role in promoting economic development and improving public policy outcomes. This book is an essential read for scholars and students interested in labor economics, public economics, game theory, and international trade. Engage with a fresh perspective on the intersection of labor unions and economic growth, and explore how collective bargaining can contribute positively to society.