This innovative study reviews the remarkable economic and labor market recovery made by four small European countries: Austria, Denmark, Ireland, and the Netherlands. It analyzes their success and highlights the specific factors responsible, in particular the promotion of social dialogue and the institution of critical macroeconomic and labor market policies. While assessing the progress and examining the remaining problems in these four countries, the book compares their progress with that of other European Union countries and examines how similar policies and action could help combat unemployment and make progress towards full employment. The study presents a detailed comparative analysis of the labor markets of the four countries. It analyzes employment and unemployment developments in detail, covering gender gaps, the sectoral distribution of employment, and the shares of people which are dependent on social transfers. It shows the employment intensity of economic growth and gives readers a substantial, broad overview of the economic and labor market situation in each country. Finally, the book makes relevant policy recommendations for promoting further growth and social progress in these countries, as well as others across Europe.
