This book seeks to gain a better understanding of the paradoxical relationship between the alleged need of European labour markets to become more flexible and the way in which national policies pursue this aim without jeopardising existing high standards of income and employment security. Special interest is devoted to the way in which countries opt for different policy routes to cope with the aim of balancing flexibility and security goals in their respective labour market and social protection policies. The contributions in this book all try to unveil the particular changes or transitions occurring in the various labour markets, to learn about their medium and longer term effects and the role of institutions and policies to cushion the adverse consequences of these changes. By studying some 'best practices' in Denmark, Canada and Australia they also draw some important lessons about the reasons why national policies might either fail or better cope with the challenges Europe face today. Flexibility and Employment Security in Europe is a study rich in data that will appeal to advanced undergraduate and postgraduate students in economics, sociology and political science and in particular students of the labour market, social policy and European studies. It will also prove invaluable to policymakers at regional, national and European level seeking a greater understanding of the complex issues surrounding, and the relationship between labour market flexibility and standards of income and employment security.