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Employment 'Miracles': A Critical Comparison of the Dutch, Scandinavian, Swiss, Australian and Irish Cases versus Germany and the US (Changing Welfare States)

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Item Number 186426  
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Product Description
The employment 'miracles' of the late 20th and early 21st century in Australia and smaller European countries like the Netherlands and Denmark have usually been considered the result of macro-economic policy and corporatist negotiations that lead to wage restraint, increased exports, and eventually more jobs. This book shows that accidental circumstances have been just as important as deliberate policies. Particularly striking is the strong correspondence of the housing price bubble-induced wealth effect and related surges in mortgage-financed consumption to the positive economic development and increased employment in most of these 'miracles' - a correspondence that also characterises recent US economic development. The Finnish, Irish, and Swedish upsurge is furthermore, similar to the one in the US, due to innovative policy. Wage restraint, so central to the discussion of 'new social pacts', did not make a difference. The same is true for welfare cuts and labour market flexibilisation, which are always touted as required for maintaining competitiveness. In fact, and in spite of some welfare cuts and reforms, the corporatist miracle countries, particularly the Scandinavian ones, still feature a number of elements of a social alternative to the dominant liberal prescription for employment growth.



Item Specifications...

Pages   288
Dimensions:   Length: 9.45" Width: 6.54" Height: 0.63"
Weight:   1.01 lbs.
Binding  Softcover
Release Date   Aug 15, 2005
Publisher   Amsterdam University Press
ISBN  9053567550  
EAN  9789053567555  


Availability  100 units.
Availability accurate as of May 27, 2012 10:16.
Usually ships within one to two business days from La Vergne, TN.
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