Unemployment, Restructuring, and the Labor Market in Eastern Europe and Russia


Book Description

World Bank Technical Paper No. 263. Management of water resources is essential for long-term, environmentally sustainable human and economic development. Increasingly, the World Bank and other international organizations are called upon to provide support in the formulation of water resources strategies. This volume serves as a guide for developing countries in creating their strategies by outlining a general process. It also suggests ways for countries to build capacity through the process of designing and implementing such strategies. The volume is divided into two parts. Part I covers the purpose and process of strategy formulation. The process consists of a water resource assessment and then the design and choice of options. Part II reviews such main concepts as institutional and human resources, stakeholder participation, information systems, economics, environment and health, and international issues.




Economic Transition in Eastern Europe and Russia: Realities of Reform


Book Description

An evaluation of the efficacy of different forms of liberalization since the fall of communism in Eastern Europe, in the form of 13 essays on economic and political reforms. Following an extensive introductory essay (Economic Reform: Appropriate Steps and Actual Policies), the remaining essays are organized in three parts: fundamental components of economic reform; specific problems in reform; and comparisons and evaluations. Annotation copyright by Book News, Inc., Portland, OR




Grime and Punishment


Book Description

Using information from two complementary household survey data sets, we show that the dominant form of labor market adjustment in the Russian transition process has been the delayed receipt of wages. More than half the workforce is experiencing some form of disruption to their pay. Wage arrears are found across the private, state and budgetary sector. Workers in the metropolitan center are less affected by delayed and incomplete wage payments than workers in the provinces. There is less evidence that individual characteristics contribute much toward the incidence of wage arrears, but the persistence of arrears is concentrated on a subset of the working population. We show that workers can only exercise the exit option of a job quit from a firm not paying wages in full or on time if the outside labor market is sufficiently dynamic.




Making the Transition


Book Description

After the breakdown of socialism in Central and Eastern Europe, the role of education systems in preparing students for the "real world" changed. Though young people were freed from coercive state institutions, the shift to capitalism made the transition from school to work much more precarious and increased inequality in early career outcomes. This volume provides the first large-scale analysis of the impact social transformation has had on young people in their transition from school to work in Central and Eastern European countries. Written by local experts, the book examines the process for those entering the workforce under socialism, during the turbulent transformation years, in the early 2000s, and today. It considers both the risks and opportunities that have emerged, and reveals how they are distributed across social groups. Only by studying these changes can we better understand the long-term impact of socialism and post-socialist transformation on the problems young people in this part of the world are facing today.




Structural Reforms and Economic Growth in Europe


Book Description

In contrast to the USA, Europe has struggled to return to the growth path it was on prior to the financial crisis of 2007-11. Not only has the recovery been slow, it has also been variable with Europe's core countries recovering more quickly than those on the periphery. It is widely believed that the best way to address this slow recovery is through structural reform programmes whereby changes in government policy, regulatory frameworks, investment incentives and labour markets are used to encourage more efficient markets and higher economic growth. This book is the first to provide a critical assessment of these reforms, with a new theoretical framework, new data and new empirical methodologies. It includes several case studies of countries such as Greece, Portugal and France that introduced significant reforms, revealing that such programmes have very divergent, and not always positive, effects on economic growth, employment and income inequality.




Out of the Red


Book Description

A comprehensive parallel study of two critical East-Central European transition economies




IMF Staff papers, Volume 45 No. 2


Book Description

This paper analyzes contagion and volatility with imperfect credit markets. The paper interprets contagion effects as an increase in the volatility of shocks impinging on the economy. The implications of this approach are analyzed in a model in which domestic banks borrow at a premium on world capital markets, and domestic producers borrow at a premium from domestic banks. Financial spreads depend on a markup that compensates lenders, in particular, for the expected cost of contract enforcement. Higher volatility increases financial spreads and the producers’ cost of capital.




How Capitalism Was Built


Book Description

This second edition updates all chapters and covers the impacts of the global financial crisis and the European Union.




When is Transition Over?


Book Description

Contains six lectures which discuss criteria for determining the end of the transition process. These include changes in the characteristics of the economic system, outcomes of the transition process, and institutional reforms.




Roma and the Transition in Central and Eastern Europe


Book Description

This report brings together the available evidence from primary and secondary sources, including household surveys and results of recent qualitative studies, to develop a picture of the development challenges facing Roma populations in Central and Eastern Europe. While living standards have declined for all population groups during the transition to a market economy, there are growing indications that conditions have deteriorated more severely for Roma than for others, and that Roma are poorly positioned to take advantage of emerging economic opportunities. This report focuses on five countries in Central and Eastern Europe: Hungary, Bulgaria, Romania the Czech Republic, and the Slovak Republic. The first chapter of the report provides the historical context and an overview of the methodological issues and main data sources; chapter two presents the available evidence on welfare status and living conditions, examining poverty, housing education, employment and health; chapter three considers issues relating to access to social services; and the final chapter reviews the opportunities for Roma participation in the design and implementation of community development policies and programmes, and outlines policy implications.