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The economic crisis has revealed the dark side of deregulation in the labour market: rising unemployment, limited access to social security and, due to low wages, no savings to count upon in bad times.
This book casts light on the empirical relationship between labour market deregulation through non-standard contracts and the three main dimensions of worker security: employment, income and social security. Focusing on individual work histories, it looks at how labour market dynamics interact with the social protection system in bringing about inequality and insecurity. In this context Italy is put forward as the epitome of flexibility through non-standard work and compared with three similar countries: Germany, Spain and Japan. Results show that when flexibility is carried out as a mere cost-reduction device and social security only relies on insurance principles, deregulation leads to insecurity.
'The political economy of work security and flexibility' is essential reading for academics, students, practitioners and policy makers interested in the outcomes of labour market developments in advanced economies over the past twenty years.
"By using clear language and structure and by offering an excellent overview of the flexicurity debate with solid empirical evidence on workers' (in)security along multiple dimensions, this book is of indubitable value for academics, students and policy makers." Work, employment and society
Fabio Berton is Research Fellow in Economic Statistics at the University of Eastern Piedmont, Italy, and Senior Researcher at LABORatorio R. Revelli - Center for Employment Studies.
Matteo Richiardi is Assistant Professor of Economics at the University of Turin, Italy, and Senior Researcher at LABORatorio R. Revelli - Center for Employment Studies.
Stefano Sacchi is Assistant Professor of Political Science at the University of Milan, Italy, and Carlo Alberto Affiliate at the Collegio Carlo Alberto of Turin.