Researchers at Lausanne’s Federal Institute of Technology (EPFL) have produced empirical evidence to back up the claim that the country is going through a phase of deindustrialisation as manufacturers seek to escape the effects of the strong franc by moving production abroad. The academic study concluded that the rapid and widespread rise in the number of deals leaves little doubt that many of them are correlated with the removal of the exchange-rate floor. This in turn could have a damaging effect on unemployment.
English: http://actu.epfl.ch/news/offshoring-looms-after-the-removal …
The report: http://papers.ssrn.com/sol3 …
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.eu. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.
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