Aliki Mouriki
Another advantage of the Scandinavian type of welfare regime is that it is not incompatible
with a dynamic and well-functioning labour market, suggesting that government spending on well-
functioning welfare services should not be viewed as a cost, but rather as an investment.
“Inclusive employment regimes, with a high degree of centralization of collective bargain-
ing and strong welfare and quality of work policies, tend to create an environment that is
most conducive to the integration of employees into the labour market”. (Paugam & Zhou,
2007)
Page • 28
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