One of the goals of the economic reform in midterm perspective is the creation of labor market. The ongoing processes have been characterized with substantial reduction in the general rate of employment and participation rate of the population, removal of the former branch, regional and...

The income policy with its key element, the wage regulation, is among the most important instruments in the stabilization programmes of most Eastern European countries. The sustaining of a relatively low inflation level and of profit as a revenue source in state enterprises are the two basic...