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Full 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.
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
