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Theoretical and Applied Economics
No. 11 / 2012 (576)

The Anglo-Saxon model of employment in the current economic context. The case of United Kingdom

Mirela Ionela ACELEANU
The Bucharest University of Economic Studies

Abstract. The Anglo-Saxon model of employment has certain features that derive from the specificity of the political and economic system of Great Britain. The labour market policies in the United Kingdom were different depending on the historical and political period; however, the Anglo-Saxon model is characterized mainly by high flexibility but low security. This paper presents the main features of the Anglo-Saxon model of employment, compared to the Nordic and the Mediterranean model and shows Britain's economic situation before and after the crisis.

Keywords: employment; the Anglo-Saxon model; labour market; crisis; United Kingdom.

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