Social capabilities–based flexicurity for a learning economy

Dario Judzik (), Haider Khan () and Laura T Spagnolo
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Laura T Spagnolo: Ministerio de Trabajo, Empleo y Seguridad Social, Argentina

The Economic and Labour Relations Review, 2016, vol. 27, issue 3, 333-348

Abstract: Mainstream economists argue that unemployment must be tackled with ‘flexibilisation’ or ‘labour market deregulation’. The public policy application has been the principle of ‘flexicurity’, with mixed labour market outcomes and limited success. Central contributions to theoretical and empirical economics writing on unemployment issues still espouse ‘flexibilisation’ as a general approach and warn about the detrimental effects of systematic deregulation under expectations of outcomes such as lower unemployment. Departing from a review of this literature, we take a step further from the ‘flexicurity’ prescription, to follow the capabilities approach of Sen and others, and develop a concept of s ocial capabilities – based flexicurity for a learning economy , arguing that labour market performance must be targeted in an approach that includes a strong commitment to social well-being.

Keywords: Capabilities; flexibility; flexicurity; institutions; labour market; unemployment (search for similar items in EconPapers)
JEL-codes: I38 J58 J80 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecolab:v:27:y:2016:i:3:p:333-348

DOI: 10.1177/1035304616652549

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