The efficiency of the labour market critically depends on the design of its institutions with employment protection legislation (EPL) playing a special role here. However, since formal laws can be observed or ignored to varying degrees, the actual enforcement regime shapes incentives and...

In order to remain competitive, firms need to keep the quantity and composition of jobs close to the optimal for their given output. Since the beginning of the transition period, Russian industrial firms have been widely reporting that the quantity and composition of hired labor is far from...

China's oil policy facing the challenge of rising oil demand (by W. Urban; pp. 1-6) Keywords oil demand, economic policy, China Countries covered China Topics Energy Efficiency improvements in Russian gas-fired heat and power generation (by E. Christie; pp. 7-11) Keywords natural gas, electricity...

Poland's competitive position in the enlarged EU (by Leon Podkaminer, pp. 1-8) Countries covered Poland Topics Macroeconomic Analysis, Forecasts and Policy; International Trade and Competitiveness Ownership structure and development of Russian firms (by Andrei Kuznetsov and Rostislav...