Labour market policies, poverty and insecurity

The article sets out to evaluate the performance of the conventional labour market and social policies in the era of globalised labour markets in terms of poverty alleviation, equality and security. To this end, it develops a framework based on three key policy evaluation principles, centred on the normative notion of social justice, whereby the expansion of full freedom requires basic economic security for all. After summarising main labour market trends, the article proceeds by analysing conventional labour market policies, targeted labour schemes, regulatory interventions and cash transfers as labour market policy.