Labour Market Policies to Fight Youth Unemployment in Portugal: Between Statism and Experimentalism
The 6th chapter of the book The Growing Challenge of Youth Unemployment in Europe & US: A Cross-Cultural Perspective coordinated by Radha Jagannathan is dedicated to the labour market policies to fight youth unemployment in Portugal. The authors Paulo Marques and Pedro Videira use a comparative political economy framework and employ the varieties of capitalism typology to hypothesise that (a) statism played a key role in tacking youth unemployment through programs that did not rely completely on either liberalised or coordinated markets; (b) the Portuguese government may have implicitly relied on the American entrepreneurship model to transition to a knowledge-based economy to stimulate economic growth; and (c) the state had to rely on a mix of active labour market policies for youth advocated by the EU both on the supply and the demand sides of the market, but not in a consistent fashion (experimentalism). The authors use historic data and present their results on the congruence of their hypotheses with empirical data. They conclude with a discussion of their expectations on the kind of policies the government is likely to pursue in the next few years to address continuing concerns of absorbing young graduates into the labour market.
DATA
- CategoryPolicy papers
- CountryPortugal
- LanguageEnglish
- Type of fileWebsite