Friday, January 26, 2007


Flexicurity is a new concept describing a combination of flexible labour markets and social security in the age of globalisation, see link.

I was reading about it in a article about Denmark in Die Welt. Apparently they have achieved low unemployment and high participation rates with high satisfaction among workers. Unemployment benefits are still generous at90% of last earnings, but there is a cap. Denmark also has the lowest child poverty rate in Europe.

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