Examlex
The chairperson of an agency usually belongs to a different political party from that of the president to ensure fairness and equal distribution of power among staff members.
Collective Bargaining
The process of negotiation between employers and a group of employees aimed at reaching agreements to regulate working conditions.
Codetermination
A practice where workers have a role in the management of companies, often through representation on corporate boards.
Social Partnership
A form of governance in which employers, unions, and sometimes government agencies collaborate to make major economic and labor decisions.
Aggregate Economy
The total economic output of a country, measured through indicators such as GDP, which encompasses all sectors and economic activities.
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