Датският модел за пазар на труда – чудо или резултат от добре проведени реформи
The Danish Model of Labor Market - Miracle or Result of Well Conducted Reforms

Summary/Abstract: The present paper presents an analysis of the success factors of the Danish labor market. Over the past 15 years, the labour market became popular with the implementation of the model, combining flexibility, security and active employment policies. Having characterised the development of the labor market in Denmark, the paper, regards the concept of the “golden triangle” of the Danish labor market, which lies in the foundations of its successful performance. The paper examines the dynamics of investments that the country has undertaken in active labour market policies (mainly in training and retraining) throughout the years to see how this choice helps out in reducing structural unemployment and achieving adaptable workforce in the long run of the Danish labor market. A critical factor for the success of the labor market policy are the governance and the reforms of the institutional system, including the Ministry of Employment, Employment and recruitment agency and local job centers. The paper ends with conclusions about the main engines of development and improvement of the Danish labor market.

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