Workers’ rights are very important and need to be protected if the fruits of growth are to be
well shared, but the way in which workers represent their interests and the means by
which their rights are implemented may be in some places an additional institutional
strength –building consensus, facilitating information flows, creating healthy incentives to
performance—while in other places it becomes a source of cost and volatility, impair intraindustry mobility and creative destruction, prolong unemployment and foster a
misallocation of resources that would affect labor productivity.