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Changes in economic systems provide a rare opportunity to redesign basic institutional structures in labor markets. This paper attempts to provide guidance for such institutional choice by drawing on the findings of recent labor market research in market economies on the links between...
Persistent link: https://www.econbiz.de/10014397450
Persistent link: https://www.econbiz.de/10009572322
The current destination of Central and Eastern European countries—explicitly for some, implicitly for all—is Brussels. The concept of the distance from Brussels is multi-dimensional. One simple measure, not without theoretical and empirical justification, is physical distance. This paper’s...
Persistent link: https://www.econbiz.de/10014400670
This paper examines how institutional conditions in transition economies compare with those in the rest of the world using various indicators of governance. The focus is on the countries in Central and Eastern Europe and the former Soviet Union but, when possible, transition countries, in Asia...
Persistent link: https://www.econbiz.de/10014403596
This paper analyzes the importance of developing market-enhancing institutions for restoring economic growth in transition economies during 1991–98. The paper’s main finding is that the development of an institutional framework has indeed a significant positive impact on growth, but that...
Persistent link: https://www.econbiz.de/10014399868
In many countries, notably across Europe, collective bargaining coverage is enhanced by government-issued extensions that widen the reach of collective agreements beyond their signatory parties to all firms and workers in the same sector. This paper analyses the causal impact of such extensions...
Persistent link: https://www.econbiz.de/10011711799
Spain's structural reforms, implemented around 2012, have arguably contributed to a faster and stronger economic recovery. In particular, there is strong evidence that the 2012 labor market reforms increased wage flexibility, which helped the Spanish economy to regain competitiveness and create...
Persistent link: https://www.econbiz.de/10012177582
China and Australia have increasingly strong links, especially through trade. These are driven by demand from China for … Australian commodities (coal and iron ore) and services (tourism and education). These links are influenced by China's transition …, three risks (both upside and downside) to China during this transition process are considered, focusing on their spillovers …
Persistent link: https://www.econbiz.de/10011866353
recommendations for China. The simulations highlight the importance of the criteria being used for determining speed and sequencing …
Persistent link: https://www.econbiz.de/10014401153
This paper examines China’s reform experience since 1978, reviewing major initiatives taken and assessing their impact … special conditions before and during the reform process that impinged on China’s capacity to implement reforms, and, in … particular, those where China may differ from other countries undertaking reform, including former CPEs. A further consideration …
Persistent link: https://www.econbiz.de/10014397706