Flexicurity
When asked how to help workers affected by globalization, economists often recite the stock phrase "education and retraining." But the evidence on the effectiveness of job retraining programs is mixed and it's hard to push strongly for costly job retraining programs without demonstrable benefits. One place to look for evidence of benefits from job retraining programs is Denmark. In the Danish system, workers are protected, but jobs are not. Danish workers are among the most easily laid off workers anywhere, but only one in ten workers expresses concern over job security:
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