In 2000, the Lisbon Agenda set out an ambitious plan to make the EuropeanUnion “the most dynamic and competitive knowledge-based economy inthe world”. The Agenda suggested a need for action on three broad fronts:the first explicitly macroeconomic; the second explicitly microeconomic;the third...

I examine recent changes in labour markets and employment practices in Japan. I find little evidence that Japan is converging towards an Anglo-American type labour market. Mobility rates continue to be low, and there is little indication that this will change greatly in the future. Large firms...