Iberia: The revolving door of reform
The reform of Portuguese labour law has been a constant on the political agenda since the final quarter of the last century. Limited in certain essential aspects - dismissal and collective bargaining - by a constitution which is unlikely to be amended, there appears to be no end in sight. Initial expectations about each reform have invariably been followed by disappointment and successive labour law reforms have turned into predictable and unvarying rituals. The Portuguese parliament recently enacted a new labour law reform which came into force on 17 February, 2009. Will this be the one to have a positive impact on the economy? Or will it, like others before it, simply not go far enough?
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