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The mix between flexibility and security has developeddifferently according to countries…Denis Pennel28 November 2012• Anglo-saxon system (market driven) of high flexibilityand low security gives high employment and fastadaptation to new conditions at the cost of wageinequality and insecurity• Social Dialogue systems (Nordics, Germany, Austria,Netherlands) of flexibility and high security also leads tohigh employment, mainly in state-supported jobs, at thecost of high taxation; a lot of state-provided security27• Southern European system (legislator-driven) of lowflexibility and moderate security through transfers leastfavorable to employment and adaptation to newstructural conditions