Flexicurity in Belgium. A Proposal Based on Economic Principles

Bart Leo Wim Cockx () and Bruno Van der Linden ()

No CESifo Working Paper No. 2655, CESifo Working Paper Series from CESifo Group Munich

Abstract: The current unemployment insurance and employment protection legislation were set up in an environment in which relationships between workers and firms were typically long-lasting and stable. The increasing globalisation of the economy and the rapid technological and organisational changes require more flexibility leading to career paths which are much more volatile both within and between firms. Current institutions must be therefore urgently reformed to reconcile this new need of more flexibility with that of security for workers. Rather than proposing a reform on the basis of existing institutions abroad, we propose a reform that is explicitly guided by economic principles.

Keywords: flexicurity; employment protection; unemployment insurance; active labour market policies; optimal design (search for similar items in EconPapers)
JEL-codes: H11 H21 H23 J65 J68 (search for similar items in EconPapers)
Date: 2009
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Working Paper: Flexicurity in Belgium. A Proposal Based on Economic Principles (2009)
Working Paper: Flexicurity in Belgium A Proposal Based on Economic Principles (2009)
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