Labor market flexibility: a changing international perspective.

From: Monthly Labor Review | Date: November 1, 1994| Author: | Copyright information

Member nations of the Organization for Economic Cooperation and Development (OECD) have experimented over the past 30 years with a variety of policies to promote flexibility in the labor market. Over this period, the term "labor market flexibility" has taken on a variety of meanings, prompting the observation that "rarely in international discourse has the [term] gone so directly from obscrurity to meaninglessness without any intervening period of coherence."(1) This article traces the evolution of labor market flexibility in the context of changing economic conditions.

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