The Anglo-Saxon model of employment in the current economic context. The case of United Kingdom

The Anglo-Saxon model of employment has certain features that derive from the specificity of the political and economic system of Great Britain. The labour market policies in the United Kingdom were different depending on the historical and political period; however, the Anglo-Saxon model is charact...

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Bibliographic Details
Published in:Theoretical and applied economics 2012-11, Vol.XIX (11), p.45-58
Main Author: Mirela Ionela ACELEANU
Format: Article
Language:English
Subjects:
crisis
employment
labour market
the Anglo-Saxon model
United Kingdom
Online Access:Get full text
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Summary:The Anglo-Saxon model of employment has certain features that derive from the specificity of the political and economic system of Great Britain. The labour market policies in the United Kingdom were different depending on the historical and political period; however, the Anglo-Saxon model is characterized mainly by high flexibility but low security. This paper presents the main features of the Anglo-Saxon model of employment, compared to the Nordic and the Mediterranean model and shows Britain’s economic situation before and after the crisis.
ISSN:1841-8678
1844-0029