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European Journal of Industrial Relations
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The Importance of Employment Protection for Skill Development in Coordinated Market Economies

Mark Harcourt

Waikato Management School, University of Waikato, Private Bag 3105, Hamilton 3240, New Zealand, mark{at}mngt.waikato.ac.nz

Geoffrey Wood

UK Department of HRM and OB, Management School, University of Sheffield, 9 Mappin Street, Sheffield S1 4DT, UK, g.t.wood{at}sheffield.ac.uk

During the heyday of neoliberalism, employment protection was widely believed to be one of the main causes of Europe's poor economic performance and high unemployment. We challenge this view and instead argue that employment protection is crucial to preserving Europe's export success in higher value-added industries. In particular, we explore the relationship between employment protection and skills development.

Key Words: employment protection • human capital development • regulation theory • skills • varieties of capitalism

European Journal of Industrial Relations, Vol. 13, No. 2, 141-159 (2007)
DOI: 10.1177/0959680107078247
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