This article is concerned with the nature of the contracting relationship, in local authorities. After considering some of the implications of a basic model elf contracting (principal-agent theory) and questioning some of its implications, we briefly examine whether the Compulsory Competitive...

Multinational corporations employ millions of people in Europe, and over 70 million worldwide. Through their role in foreign direct investment (FDI) and international trade, they are the motors of the "globalization" of the international economy. This chapter considers their impact on employment...