Banking the Furnace

Restructuring of the Steel Industry in Eight Countries

Trevor Bain explores the industry restructurings that occurred in eight major steel-producing countries, including the U.S., Germany and Japan. He begins by categorizing each country as having either an adversarial or a cooperative industrial relations system, and then analyzes the differences in implementation strategies. He also determines who - employers, employees, or government - bore the cost of these adjustments and which industrial relations systems were more efficient in restructuring.

"Bain offers a very interesting account of the crisis in the steel industry among eight industrialized countries, with special emphasis on the cross-national comparison of their industrial relations systems and the role of these systems in the structural adjustment of the steel industry."Choice

190 pp. 1992
$19 paper ISBN 0-88099-127-5 / ISBN-13 978-0-88099-127-8.

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