The Danish people are the most positive towards globalisation and this is mostly a result of the Danish flexicurity system.

In a new report on globalisation and the labour market, the OECD emphasises that fear of the consequences of globalisation still plays an important role for the general population and the organisation is recommending the Danish flexicurity system as a way of assuring employees financially and socially while creating flexibility in terms of outsourcing and creation of new job types, writes Børsen Business Daily.

According to the OECD, this will alleviate the unfounded fear that globalisation will create greater inequality.

”In Denmark it is accepted that the old types of jobs need to go and that they will be replaced by new types of jobs. This does not make people insecure and here the flexicurity model plays a very important role,” says chief economist Jørgen Bang-Petersen from the Confederation of Danish Employees (DA).

He is backed by the head of section of the OECD's labour market division, Raymond Torres, who has no doubt that the Danish labour market model, where employees are ensured compensation in the form of unemployment benefits regardless of whether they are fired or leave a job voluntarily, has made Denmark more competitive in a globalised world.

”There is no doubt that flexicurity is a great advantage to Denmark. When people lose their jobs there is a considerable level of compensation and they often find new jobs very quickly. The process is much easier than in most other countries and it makes companies more ready for adjustment,” explains Torres.