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Labour market flexibility: What does it really mean?
- Source: CEPAL Review, Volume 1994, Issue 54, Dec 1994, p. 81 - 95
- Spanish
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- 31 Dec 1994
Abstract
The 1980s witnessed the emergence of the concept “labour market flexibility” (LMF) in industrialized countries as well as in some developing countries. As a consequence of poor economic performance in the early 1980s, the view that the way in which labour markets operated constituted a significant obstacle to economic growth gained support at the level of policy makers, employers in general and, not least, in part of the academic establishment.
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