The Importance of Legislated Employment Protection for Worker Commitment in Coordinated Market Economies

摘要

We begin this conclusion with a caution: we share the regulationist view that any form of institutional mediation is necessarily temporarily and spatially specific (Hollingsworth 2006). We acknowledge that high levels of employment protection probably have helped to sustain high value-added production in CMEs, especially in incrementally innovative areas of manufacturing (Asheim and Coenen 2006; Parker 2004; c.f. Thelen 2001). However, this does not mean that the future of such protection is necessarily secure.