Book Description

Essay from the year 2019 in the subject Business economics - Economic Policy, grade: 1,0, Vytautas Magnus University, language: English, abstract: In the following Essay the authors wants to compare the two geographic neighbors Denmark and Germany and their different measures of active labour market policies that they have implemented in their systems. Active labour market policies have a long history that is going back to the so-called Rehn-Meidner model which was born in the 1960`s in Sweden, but the research about this topic is not that old and goes back with its begins to the the years between 1990 and 2000. On the one hand, when you think about nowadays research literature the most experts agree that the champion of ALMPs comes from Denmark. This small nordic country is often seen as a paradigm and model at ALMPs. On the other hand we have Germany, a country with a booming economy and every year new records with total numbers of employments. Both countries have strongly developed economies and low unemployment rates. The author wants to compare these successful countries and wants to focus on the impact of Active Labour Market Policies. Unemployment is one of the biggest problems in every nations economy. How is it possible to get as much as possible people in longterm employment. How can you help to prevent long-term unemployment? How can you prepare your human capital well for the labor market trough life-long-learning in a fast-paced world? And how can guarantee a certain flexibility on the other side for your open, globalized and innovative economy? So what are the right measures to achieve your labor market policy goals?