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Europe and the economic crisis: forms of labour market adjustment and varieties of capitalism

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  • Michel Lallement

Abstract

The economic crisis that beset Europe in 2007 had a considerable impact on employment. Since 2008, unemployment has increased throughout Europe, but adjustment mechanisms affecting the labour market have varied from one country to another. By examining six representative European Union countries from the EU15, this article examines three types of adjustment involving segmentation, working hours and unemployment/underemployment. These adjustment systems, which originate from business strategy and which are partly supported by public policy measures, reflect the persistence of three varieties of capitalism in Europe.

Suggested Citation

  • Michel Lallement, 2011. "Europe and the economic crisis: forms of labour market adjustment and varieties of capitalism," Work, Employment & Society, British Sociological Association, vol. 25(4), pages 627-641, December.
    • Handle: RePEc:sae:woemps:v:25:y:2011:i:4:p:627-641
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    Cited by:

    1. Bernhardt, Janine & Krause, Alexandra, 2014. "Flexibility, performance and perceptions of job security: a comparison of East and West German employees in standard employment relationships," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 28(2), pages 285-304.
    2. ., 2014. "Varieties of Capitalism and the crisis," Chapters, in: The EU and the Global Financial Crisis, chapter 1, pages 3-22, Edward Elgar Publishing.
    3. Bajram Ibraj, 2016. "Money Laundering in Albania for the Years 2008-2015," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 2, September.
    4. Sandra Martínez Molina & Elisa Valía Cotanda & Jorge Garcés Ferrer, 2016. "Labour Resilience and Vulnerable Groups in Times of Crisis: A Comparative Study in Eleven European Countries," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 2, September.
    5. Sotirios Zartaloudis & Andreas Kornelakis, 2017. "Flexicurity between Europeanization and Varieties of Capitalism? A Comparative Analysis of Employment Protection Reforms in Portugal and Greece," Journal of Common Market Studies, Wiley Blackwell, vol. 55(5), pages 1144-1161, September.
    6. Surhan Cam, 2014. "The Underemployed: Evidence From the UK Labour Force Survey for a Conditionally Gendered Top-down Model," Journal of Social Science Studies, Macrothink Institute, vol. 1(2), pages 47-65, July.
    7. Krzywdzinski, Martin, 2014. "Do investors avoid strong trade unions and labour regulation? Social dumping in the European automotive and chemical industries," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 28(6), pages 926-945.

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