Employment Revival in Europe: Labour Market Success in Austria, Denmark, Ireland and the Netherlands

Abstract

'This innovative study reviews the remarkable economic and labour market recovery made by four small European countries. It analyses their success and highlights the specific factors responsible, in particular the promotion of social dialogue and the institution of critical macroeconomic and labour market policies. While assessing the progress and examining the remaining problems in these four countries, the book compares their progress with that of other European Union countries and examines how similar policies and action could help combat unemployment and make progress towards full employment. The study presents a detailed comparative analysis of the labour markets of the four countries. It shows the employment intensity of economic growth and gives readers a broad overview of the economic and labour market situation in each contry. The resons behind the success are also considered, and the study shows that developed welfare states in Europe, whose institutions and social actors have previously been criticized for being 'sclerotic' and not being able to delicer on jobs, have recently demonstrated a fair capacity for adjustment resulting in labour market success. however, it is not deregulation which has caused the turnaround, but new efforts by social partners and governments to jointly arrive at new regulations, policies and institutions, and efficient combinations of these.' (author's abstract)

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