INDR 492 Lecture 11: Week 11
17 Jan 2018
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Document Summary
Ppt week 10: italy"s job act. Thursday, november 10, 2016. Italy: intermediate between liberal and coordinated. Active labour market policies - - > originated in the nordic countries. Fundamental tool for most nordic and coordinated market economies, but not so widespread in liberal market economies. Shock absorbers: the society knows that crises have happened in different regions in different areas at different times. These are done in italy, but not done elsewhere, and protect workers and give employers a break. Flexicurity: the call from employees wanting security and the employers wanting flexibility. Italy took this notion seriously and tried to bring it in to their systems. They have been trying to emulate the nordic countries with active policies. Although these 2 are not contradictory- they can compliment eachother- they do come from 2 different parts of the ir scheme. These 3 things are the fundamental aspects of a labour market that reflect themes of concern for all countries.
