The Liberal Road to High Employment and Low Inequality? Continuity and Change in the Swiss and Dutch Social Models

In this chapter, we outline the combination of supply-side and demand-sidefactors which have allowed these countries to reconcile high employmentwith comparatively low inequality, and outline the trade-offs associated withthem. We discuss the combination of negotiated policy-making, continuouswage moderation, and flexibility through part-time employment and otherentry routes into employment (on the supply side), combined with a numberof measures that have supported domestic consumption, such as immigrationand tax incentives (on the demand side), with diverging impacts throughoutthe crisis. We... Mehr ...