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Flexicurity as a Tool for Sustainable Development of the Labour Market

Vol. 5, No 1, 2012

Monika Grabowska

Wroclaw University of Economics

monika.grabowska@ue.wroc.pl

Flexicurity as a Tool for Sustainable Development

of the Labour Market

 


Abstract: Globalization processes, technical progress and negative trends in population changes make key developmental challenges which all businesses, with no exception, must face, no matter if they operate in local, regional, national or international areas. Thinking in categories of sustainable and stable growth requires an approach which often approves various needs of particular members of the labour market in different fields of activities. In the European Union, the flexicurity approach is treated as one of the basic instruments for realization of the objectives of the Europe 2020 Strategy and adapting the European social model to the common globalization challenges. A concept of flexicurity should be understood as “A strategy which in a synchronic and purposeful manner increases flexibility of labour markets and simultaneously increases safety of employment, especially for less privileged groups.” Because the labour market is one of the basic elements of economy which decides about its efficient work, implementing flexicurity is recommended to all the EU member states.


 

Keywords: labour market, flexicurity, flexible forms of work, model of employment, sustainable development.


JEL Classification: J 22, Q 01.