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Flexicurity - pros and cons of the model

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  • Zuzana Potužáková

    (Ekonomická fakulta, Technická univerzita Liberec)

Abstract

Flexicurity reflects the basic current trend in the EU of guaranteeing high levels of employment and the sustainability of national fiscal systems. It was introduced in Denmark during the 1990s and helped reduce the unemployment level significantly. At the same time, employment rates were boosted, with almost full-employment being achieved. Since then the concept and its elements have been implemented in other Member States to improve their labour market functioning. Of course every model also has its negatives. In this paper we focus first of all on the elements of the model. The second section sees us analyze the special conditions in Denmark, especially the macro-economic environment which enables the concept to function. The risks of the model are then mentioned in the third part. The aim of the article is to describe the concept of flexicurity more fully and the risks that are often neglected in analyses, but that can have a significant impact on the implementation of the model.

Suggested Citation

  • Zuzana Potužáková, 2012. "Flexicurity - pros and cons of the model," Medzinarodne vztahy (Journal of International Relations), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 10(1), pages 45-58.
    • Handle: RePEc:brv:journl:v:10:y:2012:i:1:p:45-58
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    File URL: https://fmv.euba.sk/RePEc/brv/journl/MV2012-1.pdf
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    More about this item

    Keywords

    flexicurity; labour market; Denmark; unemployment;
    All these keywords.

    JEL classification:

    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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