August 1995 - Applying mechanically active OECD labor policies in Hungary, Poland, and Russia makes no sense because the economies are so different. Which labor policies are realistic there? Training able workers in scarce, needed skills; easing credit for (and thereby encouraging) the...

Informality and informal employment are wide-spread and growing phenomena in all regions of the world, in particular in low and middle income economies. A large part of economic activity in these countries is not registered or under-declared and many workers enter employment relationships that...