01756cas a2200241 a 4500 AALejournalIMF004882 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451975352 1934-7456 BD-DhAAL BD-DhAAL Annett, Anthony. Lessons from Successful Labor Market Reformers in Europe / Anthony Annett. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (25 pages) IMF Policy Discussion Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Welfare states can be reformed successfully, and popular support for reforms can be maintained. But this requires an internally consistent package of labor market, fiscal, and product market reforms, including some kind of buy-in, through, for example, tax cuts. Empirical analysis combined with a select number of case studies-comprising Ireland, Denmark, the Netherlands, and the United Kingdom-reveals that successful reformers focused on increasing labor supply through benefit reform, lowering tax wedges, and lowering government consumption. At the same time, greater labor supply translated into employment growth more effectively in the presence of liberal labor and product markets. Mode of access: Internet IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2007/001 Full text available on IMF http://elibrary.imf.org/view/journals/003/2007/001/003.2007.issue-001-en.xml IMF e-Library