TY - BOOK AU - Romo,Óscar Molina TI - Political exchange and bargaining reform in Italy and Spain SN - 09596801 AV - HD8371 EUR PY - 2005/// CY - London PB - Sage KW - Political exchange KW - Bargaining reform KW - Italy and Spain N2 - Wage bargaining structures in Italy and Spain changed significantly in the 1990s. This is usually seen as an employer-led response to exogenous pressures such as the Economic and Monetary Union (EMU). This article shows that while EMU acted as a catalyst for negotiated adjustments, changes in wage bargaining are better explained through factors endogenous to national systems, in particular union strategies and interactions in the policy-making arena. By means of policy concertation and political exchange, unions have shaped institutional change in collective bargaining so as to avoid a disorganized decentralization of labour relations UR - https://doi.org/10.1177/0959680105050397 ER -