Why Deregulate Labour Markets?

Download or read book Why Deregulate Labour Markets? written by Gøsta Esping-Andersen and published by OUP Oxford. This book was released on 2000-04-20 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.