Assesses the gender-differentiated impact of globalization in the past and the recent financial crisis on employment in the modern formal sector. Provides an economic assessment of the possible future of the formal labour market and suggests various policy options required for the adjustment...

The paper presents a decomposition of productivity gap between South-Korea and Estonia for the year 2006. After presenting stylised facts related to income conver-gence, we apply shift-share analysis to explain the patterns of structural disparities both at aggregated sectoral level and within...