The article discusses how European economies might change with increased integration. They find that as countries become more economically connected, the way wages are negotiated and set also changes. While before, how centralized bargaining was affected economic performance, after integration, this connection becomes weaker. This means that the position of a country on the bargaining scale matters less. Interestingly, after integration, wage-price structures resemble those of decentralized economies more. This suggests that adapting to the new system might be harder for countries with centralized wage bargaining.