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Flexicurity in Belgium: A reform proposal based on economic principles
Author(s) -
Cockx Bart,
Van der Linden Bruno
Publication year - 2010
Publication title -
international labour review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.433
H-Index - 46
eISSN - 1564-913X
pISSN - 0020-7780
DOI - 10.1111/j.1564-913x.2010.00091.x
Subject(s) - flexicurity , flexibility (engineering) , unemployment , legislation , context (archaeology) , globalization , economics , employment protection legislation , labour market flexibility , labour economics , economic system , business , economic policy , market economy , economic growth , political science , paleontology , management , law , biology
. Belgium's systems of unemployment insurance and employment protection legislation were set up in the context of typically enduring and stable relationships between workers and firms. Economic globalization and rapid technological and organizational change, however, are now demanding more flexibility of both workers and firms. As a result, current labour market institutions are in urgent need of reform to reconcile such increased flexibility with adequate security for workers. Though the call for a “flexicurity” approach is not new, there is no single view of what institutional model the latter implies. This paper proposes a reform explicitly guided by economic principles.