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This book has become the standard reference for a worldwide readership of students, scholars, and practitioners in international agencies, governments, companies and unions. The Fifth Edition examines globalization and comparative theories, including notions of convergence and of varieties of capitalism. Using a consistent format in each chapter, experts examine the environment of employment relations in each country: economic, historical, legal, social and political. They outline the roles of the major players: employers, unions and governments. Then follow discussions of the main processes of employment relations: local and centralized collective bargaining, arbitration and mediation, joint consultation and employee participation.