Chapter Three

Industrial Relations in Major Industrialized Economies: A Comparative Study

The formulation of labour-management relations policy is one of the significant tasks at the national level, and its successful formulation and implementation can influence the labour-relations climate at the industry and enterprise levels. Such policy formulation is generally done at the national level and is, thus, influenced by the socio-economic and political climate of the country and also practices adopted by neighbouring countries. However, the effectiveness of the industrial relations system is dependent largely on the respective strengths of the employers' and the workers' organizations.

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