FLEXICURITY MODELS AND THEIR APPLICATION IN THE WORLD

Monica Florica Dutcas and Denisa-Gabriela Grosu
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Monica Florica Dutcas: Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania
Denisa-Gabriela Grosu: Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2020, vol. 8, issue 1, 26-37

Abstract: The paper addresses the concept of flexicurity and the possibilities of intervention through its political components on the labour market during the COVID-19 pandemic. An argument is proposed for the role of the flexicurity model in accelerating the exit from a period of economic crisis. Being implemented separately from the perspective of the labour market, a series of aspects regarding the losses of jobs and the sudden increase of unemployment will be presented by comparing the practical solutions in European countries. In conclusion, the paper highlights the impact of the solutions adopted in Romania and will be debated the benefits of the flexicurity model in the effort to manage equilibrium in the labour market.

Keywords: flexicurity; labour market; public policies; unemployment (search for similar items in EconPapers)
JEL-codes: J08 J21 J64 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:8:y:2020:i:1:p:26-37

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