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Books > Business & Economics > Economics > Labour economics
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Reforming Early Retirement in Europe, Japan and the USA (Paperback)
Loot Price: R1,033
Discovery Miles 10 330
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Reforming Early Retirement in Europe, Japan and the USA (Paperback)
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Since the 1970s early exit from work has become a major challenge
in modern welfare states. Governments, employers, and unions alike
once thought of early retirement as a peaceful solution to the
economic problems of mass unemployment and industrial
restructuring. Today governments and international organizations
advocate the postponement of retirement and an increase in activity
among older workers. Comparing the USA, eight European countries,
and Japan, this book demonstrates significant cross-national
differences in early retirement across countries and over time. The
study evaluates the impact of major variations in welfare regimes,
production systems, and labor relations. It stresses the importance
of the 'pull factor' of extensive welfare state provisions,
particularly in Continental Europe; the 'push factor' of labor
shedding strategies by firms, particularly in Anglo-American market
economies; and the role of employers and worker representatives in
negotiating retirement policies, particularly in coordinated market
economies. Over the last three decades, early retirement has become
a popular social policy and employment practice in the workplace,
adding to the fiscal crises and employment problems of today's
welfare states. Attempts to reverse early retirement policies have
led to major reform debates. Unilateral government policies to cut
back on social benefits have not had the expected employment
results due to resistance from employers, workers, and their
organizations. Successful reforms require the cooperation of both
sides. This study provides comprehensive empirical analysis and a
balanced approach to studying both the pull and the push factors
affecting early exit from work needed to understand the development
of early retirement regimes.
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