Abstract
Through the seven country articles presented in this issue, we observe a trend, which has lasted for two decades now, towards a reduction in economic activity after the age of 55. However, the scope of this trend is not the same everywhere. It has remained relatively limited in Japan and Switzerland as compared with France and Germany, where this age group’s employment activity rate fell by 40 per cent from 1971 to 2001. Furthermore, this early retirement trend has not come out of the same patterns of public policy or company practices in all countries. On the basis of the lessons that can be drawn from these international comparisons, an attempt will be made to answer two questions. First of all, how to explain the diversity, among countries, in companies’ practices for managing ageing work forces and thus account for the differences observed in labour force participation patterns at the end of careers? Secondly, what remedies to apply to reverse this early exit trend and convince firms to keep older wageearners in employment instead of ‘‘externalizing’’ them?
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: The Geneva Papers on Risk and Insurance - Issues and Practice
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
