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While Europe is certainly one of the richest and most educated areas of the world, some of the challenges faced by the old continent are staggering: low economic growth, structural difficulties in the labour market, and increasing international competition. Politicians and policymakers may advocate different means of overcoming the potential economic decline of Europe, but most agree that Europe needs to strengthen human capital, its ultimate competitive advantage in the world economy.
This book looks at the accumulation of human capital from two perspectives, first through formal...

Internal Labour Markets in Japan analyzes the employment practices of individual firms in Japan, including wages, training, promotion, transfers and turnovers across firms. It provides a comprehensive account of the Japanese ILM, and provides theoretical models that are applied to empirical analysis using the data on Japanese firms. It also includes a detailed case study of a large Japanese firm, and contains a section that deals with the most recent changes in Japanese ILM after the "bubble" economy boom and subsequent recession. An international comparative perspective is used throughout.

Internal Labour Markets in Japan analyzes the employment practices of individual firms in Japan, including wages, training, promotion, transfers and turnovers across firms. It provides a comprehensive account of the Japanese ILM, and provides theoretical models that are applied to empirical analysis using the data on Japanese firms. It also includes a detailed case study of a large Japanese firm, and contains a section that deals with the most recent changes in Japanese ILM after the "bubble" economy boom and subsequent recession. An international comparative perspective is used throughout.