Banking the Furnace: Restructuring of the Steel Industry in Eight Countries Trevor Bain First Chapter | Table of Contents 191 pp. 1992 $19.00 paper 978-0-88099-127-8 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 |