Codetermination and Industrial Adjustment in February 1987: A Few Comments on Ms. Thelen’s ‘A Comparative Interpretation’

by Alfred Thimm



Alfred L. Thimm comments on Kathleen Thelen’s, 'Codetermination and Industrial Adjustment in the German Steel Industry: A Comparative Interpretation'. Mr. Thimm’s essay examines two critical facts: the steel industry adaptation and EEC industrial policy and the predictive aspects of the Arbed-Saarstahl case. The "objective facts" discussed are a point of departure for Thimm as he presents alternative interpretations brought forth by the fluctuation of the dollar: mark exchange rate.

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