
Contents
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The youth labor market The youth labor market
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The selection of countries The selection of countries
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The German dual system The German dual system
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The ‘free-wheeling’ American entrepreneurship model The ‘free-wheeling’ American entrepreneurship model
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Organization of the book Organization of the book
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Note Note
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References References
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6 Labor Market Policies to Fight Youth Unemployment in Portugal: Between Statism and Experimentalism
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Cite
Abstract
This chapter describes the youth labor market and identifies the key institutions responsible for the smooth functioning of this market. It provides a theoretical framework for the rest of the chapters using perspectives used in cultural economics, sociology and political science. After a brief description of the German dual system and the American ‘freewheeling entrepreneurship’ approach, the chapter lays out the question of whether the American free market capitalism characterized by risk taking or the more scripted and coordinated approaches practiced in Germany distinguished by a high level of trust and cooperation among market actors can help other countries, specifically the Southern Mediterranean countries, in shaping their youth employment initiatives. The chapter concludes with a description of the organization of the rest of the book.
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