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Why Deregulate Labour Markets?$
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Gøsta Esping-Andersen and Marino Regini

Print publication date: 2000

Print ISBN-13: 9780199240524

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199240523.001.0001

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Italy: The Long Times of Consensual Re‐Regulation

Italy: The Long Times of Consensual Re‐Regulation

(p.271) 10 Italy: The Long Times of Consensual Re‐Regulation
Why Deregulate Labour Markets?

Manuela Samek Lodovici

Oxford University Press

This chapter examines labour market regulation in Italy. It highlights the risks associated with excessive regulation of employment relations: the development of a highly segmented market, exclusion of first-time job seekers from regular employment, low elasticity of wages to unemployment, inefficiencies from low inter-regional and inter-sectoral labour mobility, and the presence of a large underground economy. ‘Re-regulation’ in the early 1990s has improved flexibility in wage dynamics, working time, firing procedures, and atypical work.

Keywords:   Italy, labour market regulation, labour policy, employment relations, rigidity, flexibility, unemployment

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