MODELS OF THE LABOUR MARKET AND THEIR FEATURES IN THE WORLD ECONOMY

We distinguish several different and basic for the world economy labour market models. These models are as follows, namely: 1. Liberal model of the labour market (Great Britain and the USA); 2. Socially oriented model of the labour market (Germany and Sweden); 3. National-traditional model of the labour market (Japan and South Korea); 4. Transit model of the labour market (countries of the Commonwealth of Independent States (CIS), including Russia, and the countries of Central and Eastern Europe (CEE), former socialist countries).