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  • Why Deregulate Labour Markets?

    Why Deregulate Labour Markets? by Esping-Andersen, Gøsta; Regini, Marino;

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    Product details:

    • Publisher OUP Oxford
    • Date of Publication 17 August 2000

    • ISBN 9780199240524
    • Binding Paperback
    • No. of pages374 pages
    • Size 234x156x21 mm
    • Weight 590 g
    • Language English
    • Illustrations numerous tables and figures
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    Short description:

    Europe's mass unemployment and the call for extensive labour market de-regulation have, perhaps more than any other contemporary issue, impassioned political debate and academic research. With contributions from economists, political scientists and sociologists, Why Deregulate Labour Markets? takes a hard look at the empirical connections between unemployment and regulation in Europe today, utilizing both in-depth nation analyses and broader-based international comparisons.

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    Long description:

    Europe's mass unemployment and the call for extensive labour market de-regulation have, perhaps more than any other contemporary issue, impassioned political debate and academic research. With contributions from economists, political scientists and sociologists, Why Deregulate Labour Markets? takes a hard look at the empirical connections between unemployment and regulation in Europe today, utilizing both in-depth nation analyses and broader-based international comparisons. The book demonstrates that Europe's mass unemployment cannot be directly ascribed to excessive worker protection. Labour market rigidities can, however, be harmful for particular groups. The weight of the evidence suggests that a radical strategy of de-regulation would probably cause more harm than benefits for European economic performance.

    This is an important and very useful book in summarizing and synthesizing a vast and disparate literature on this issue and clarifying some of the trade offs implicit in pursing the high or low road to flexibility and modernizing labour markets. It should provide a very useful resource for teaching for courses in the humanities and at business schools, as well as providing an important contribution to a debate that has not ended.

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    Table of Contents:

    Introduction
    PART I. LABOUR MARKET REFORM IN EUROPE
    The dilemmas of labour market regulation
    The dynamics of labour market reform in European countries
    Who is harmed by Labour Market Regulations? Quantitative Evidence
    Regulation and context. Reconsidering the correlates of unemployment
    PART II. NATIONAL VARIATIONS
    River Crossing or Cold Bath? Deregulation and Employment in Britain
    Going different ways: labour market policy in Denmark and Sweden
    The Dutch miracle?
    Germany: A regulated flexibility
    France: The deregulation that never existed
    Italy: the long times of consensual re-regulation
    The Spanish experiment: pros and cons of the flexibility at the margin
    Conclusions

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