Structural reform and labour markets in Europe: The case of Ireland

Green, R

Structural reform and labour markets in Europe: The case of Ireland

Green, R

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Publisher:: Peter Lang
Publication Type:: Chapter
Citation:: Labour, Globalisation & the New Economy, 2005, 1st, pp. 235 - 267
Issue Date:: 2005-01

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Field	Value	Language
dc.contributor.author	Green, R https://orcid.org/0000-0001-5936-8203	en_US
dc.contributor.editor	Szell, C	en_US
dc.contributor.editor	Bosling, C	en_US
dc.contributor.editor	Hartkemeyer, J	en_US
dc.date.issued	2005-01	en_US
dc.identifier.citation	Labour, Globalisation & the New Economy, 2005, 1st, pp. 235 - 267	en_US
dc.identifier.isbn	9783631508657	en_US
dc.identifier.uri	http://hdl.handle.net/10453/11734
dc.description.abstract	The June 1998 European Council summit under the UK presidency in Cardiff initiated an ambitious process of reform of national product and capital markets, which may also have implications for the structure and performance of labour markets. The rationale for the 'Cardiff process' of structural reform lay, first, in the need to respond in a coherent way to the pressures of globalisation and the 'single market' in Europe and, second, in the claimed superiority of US economic performance during the 1990s, which was explained by flexible and liberalised markets, especially in relation to pay, working conditions and labour mobility. At the time, this explanation not only passed unchallenged in public policy debate, but was explicitly incorporated into a Blair-Schroder joint document on the 'third way'. Moreover, it was observed that Europe, by contrast, had been experiencing lower growth and higher unemployment, which was attributed to state ownership of public utilities, lack of competition in product and capital markets, generous social benefits and inflexible labour markets.	en_US
dc.publisher	Peter Lang	en_US
dc.relation.ispartof	Labour, Globalisation & the New Economy	en_US
dc.title	Structural reform and labour markets in Europe: The case of Ireland	en_US
dc.type	Chapter
utslib.location	Frankfurt, Germany	en_US
utslib.for	150305 Human Resources Management	en_US
utslib.citation.edition	1st	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
utslib.copyright.status	closed_access
pubs.consider-herdc	false	en_US
pubs.edition	1st	en_US
pubs.place-of-publication	Frankfurt, Germany	en_US

Abstract:

The June 1998 European Council summit under the UK presidency in Cardiff initiated an ambitious process of reform of national product and capital markets, which may also have implications for the structure and performance of labour markets. The rationale for the 'Cardiff process' of structural reform lay, first, in the need to respond in a coherent way to the pressures of globalisation and the 'single market' in Europe and, second, in the claimed superiority of US economic performance during the 1990s, which was explained by flexible and liberalised markets, especially in relation to pay, working conditions and labour mobility. At the time, this explanation not only passed unchallenged in public policy debate, but was explicitly incorporated into a Blair-Schroder joint document on the 'third way'. Moreover, it was observed that Europe, by contrast, had been experiencing lower growth and higher unemployment, which was attributed to state ownership of public utilities, lack of competition in product and capital markets, generous social benefits and inflexible labour markets.

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http://hdl.handle.net/10453/11734