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0 Labour market training

Daniels, Ronald J. ; Trebilcock, Michael J.

Rethinking the Welfare State, 2005, p.205-228

Routledge

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  • Título:
    0 Labour market training
  • Autor: Daniels, Ronald J. ; Trebilcock, Michael J.
  • É parte de: Rethinking the Welfare State, 2005, p.205-228
  • Descrição: With growing and shifting patterns of international trade, increasingly large and destabilizing international capital flows, the potentially adverse impact of rapid technological change on lower-skilled workers, and an OECD standardized unemployment rate that more than doubled from just over 3 percent in 1 973 to 7 . 3 percent in 1 997 , 1 governments world-wide are increasingly preoccupied with the devastating social and private costs of unemployment. 2 The classically prescribed macroeconomic remedy - Keynesian demand-side economic stimulus - has attracted diminishing support because of government deficit and debt levels and doubts as to its efficacy - qualms that were exacerbated by the "stagflation" experienced by many economies in the 1 970s and early 1 980s.3 Because of the lagging support for this default policy, various alternatives have been promoted. One such alternative strategy consists of a supply-side policy that emphasizes the importance of systemic deregulation and liberalization of labour markets - thereby reducing the costs of, and simultaneously increasing the demand for, labour. However, this strategy, if unaccompanied by targeted transitional assistance to displaced workers, attracts concerns that it will increase income inequalities, threaten job security and more generally reintroduce the problems that supply­ side labour market regulations were initially designed to address. 4 Another option is the adoption of microeconomic-oriented active labour market policies (ALMPs) that focus on job search facilitation, job training and remedial education. Many governments have endorsed ALMPs as their preferred policy in addressing unemployment. Given the mixed evidence of the effectiveness and successes of such strategies to date, 5 increased consumer choice and the infusion of competitive pressures facilitated by voucher instruments may be the stimuli that ALMPs require to respond effectively to the challenges of unemployment.
  • Editor: Routledge
  • Idioma: Inglês
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  • Realização: ABCD-USP USP   Logos de Redes Sociais: Freepik

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