Although the youth unemployment ratio in Germany may appear low compared to other countries, it is regarded a severe economic and social problem. There is no doubt that it is an especially gross form of waste of resources and “disinvestment” of human capital. In the long run no country can...

In view of high and persistent unemployment in the European industrialised countries there is growing consensus that more flexibility is needed with regard to both the legal and institutional conditions governing the labour market (external flexibility) and the management of human resources...

In his article on "Germany's Stake in Exchange Rate Stability" (INTERECONOMICS, September/October 1996), Daniel Gros recently wrote that, as he sees it, the exchange rate volatility of the D-Mark against the other European currencies has a causal impact on the German unemployment rate. In the...

States with socialist economic systems also suffer from employment problems, a fact which is frequently passed over in silence by the critics of our market economic order. Professor Gernot Gutmann analyses its magnitude and causes.

With unemployment in the OECD countries approaching 30 millions, and with the Mitterrand regime providing yet another example of the failure of demand-led attempts at growth, this article considers the possibility of the advanced industrialised countries returning to a pattern of rapid growth...

Until the start of the seventies the situation on the labour markets of the European industrial states was considered with relative optimism. The high growth rates which most of the countries had achieved seemed to be sufficient to absorb the increases in the available labour force. The author...