What Drives the Speed of Job Reallocation During Episodes of Massive Adjustment? PDF Download

Author: Štěpán Jurajda
Publisher:
ISBN: 9788086288673
Category :
Languages : en
Pages : 0

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Author: Nauro F. Campos
Publisher: Springer Science & Business Media
ISBN: 9781402075506
Category : Political Science
Languages : en
Pages : 294

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Book Description
Political Economy of Transition and Development collects the proceedings of an international conference that brought the leading thinkers in this field to the Center for European Integration Studies of the University of Bonn in May, 2002. The contributions analyze the various interactions between institutions, policy choices, economic developments, and political outcomes in transition and developing countries. The first five chapters give a relatively broad assessment of the various reform paths and outcomes in the transition and developing countries. The remaining eight chapters proceed to analyze important aspects of transition such as voting behavior, political-regime choice, corruption, social capital, growth and inequality, and EU enlargement. The resulting volume thus combines a bird's eye perspective with a relatively narrow focus on selected key issues pertaining to the ongoing transition process in Central and Eastern Europe.

Author: Štěpán Jurajda
Publisher:
ISBN:
Category : Job creation
Languages : en
Pages : 0

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Book Description
This paper uses individual-level data to characterize economy-wide job creation and destruction during periods of massive structural adjustment. We contrast the gradualist Czech and the rapid Estonian approach to the destruction of the communist economy to provide evidence on selected macroeconomic theories of reallocation with frictions. We find that gradualism (slowing down job destruction) effectively synchronizes job creation and destruction. Drastic job destruction leads to little or no slowdown of job creation. Small newly established firms are the under-researched fountainhead of jobs during the transition from communist to market oriented economies.

Author: Paul Hare
Publisher: Routledge
ISBN: 1135080860
Category : Business & Economics
Languages : en
Pages : 683

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Book Description
Transition from central planning to a market economy, involving large-scale institutional change and reforms at all levels, is often described as the greatest social science experiment in modern times. As more than two decades have passed since the fall of the Berlin Wall and the collapse of the Soviet Union, it is now an excellent time to take stock of how the transition process has turned out for the economies that have moved on from socialism and the command economy. This new handbook assembles a team of leading experts, many of whom were closely involved in the transition process as policymakers and policy advisors, to explore the major themes that have characterized the transition process. After identifying the nature of initial conditions and the strengths and weaknesses of institutions, the varying paths and reforms countries have taken are fully analyzed – from the shock therapy, privatization or gradualism of the early years to the burning issues of the present including global integration and sustainable growth. Topics covered include the socialist system pre-transition, economic reforms, institutions, the political economy of transition, performance and growth, enterprise restructuring, and people and transition. The country coverage is also extensive, from the former socialist countries of the USSR and the satellite states of Central and Eastern Europe to the Asian countries of China, Vietnam and others. The rise of China as a key actor in the drama is chronicled, along with the emergence of a new, more confident, oil-rich Russia. The comparative prosperity of the Central European countries such as Poland and the Czech Republic is contrasted with the mixed fortunes of the former USSR, where some countries are stagnating while others boom. This Handbook of the Economics and Political Economy of Transition is the definitive guide to this new order of things in the former Communist world.

Author: Karl Aiginger
Publisher: Springer Science & Business Media
ISBN: 1475750463
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
There are several reasons why it has become important to rethink economic policy. Out of the European perspective it is the new currency, the enlargement towards Central and Eastern European countries, the sluggish growth and the end of productivity convergence towards the USA and the insufficient creation of employment. From the transatlantic perspective increasing differences in the economic policy and the potential rise of conflicts between Europe and the USA, for example, in trade, competition and health issues are important. The current volume touches most, but not all of these topics. It starts with the overview by Joseph Stiglitz on policy issues. Then macroeconomics policy is discussed, followed by the problem of an ageing society and European enlargement. Differences between Europe and the USA are large in taxation and in the role of public finance. The relative competitiveness of countries as well as of Europe will be decided by investments into new technologies and progression towards the Science Based Economy. In the final section the role of economists in shaping the economic agenda and giving policy advice is discussed.

Author: Lubomir Lizal
Publisher:
ISBN:
Category :
Languages : en
Pages : 59

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Author: Gérard Roland
Publisher: Columbia University Press
ISBN: 0231141602
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
The privatization of large state-owned enterprises is one of the most radical policy developments of the last quarter century. Right-wing governments have privatized in an effort to decrease the size of government, while left-wing governments have privatized either to compensate for the failures of state-owned firms or to generate revenues. In this way, privatization has spread from Europe to Latin America, from Asia to Africa, reaching its zenith with Central and Eastern Europe's transition from socialism to capitalism. In many countries state ownership has been an important tool in bringing cheap water, energy, and transport to poorer segments of the population. In other instances, it has sponsored aggressive cutbacks, corruption, and cronyism. Privatization: Successes and Failures evaluates the practices and results of privatization in Eastern Europe, Africa, Latin America, and Asia. Featuring the world's leading economists and experts on privatization, this volume offers a broad and balanced analysis of specific privatization projects and uncovers some surprising trends. Partial privatization, for example, tends to be more widespread than one might think, and the effects of privatization on efficiency are generally mixed but rarely negative. Also, while privatization appears uncontroversial in competitive sectors, it becomes increasingly complex in more monopolistic sectors where good regulation is crucial. Privatization concludes with alternative frameworks for countries in Africa and other regions that seek to develop privatization policy and programs.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 244

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Author: Helena Hannula
Publisher: Ashgate Publishing, Ltd.
ISBN: 9780754645610
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
Estonia is regarded by many as one of the most hopeful cases for the integration of eastern Europe into the enlarged European Union. It provides positive examples of how the integration process can be well handled, but at the same time some of the contentious issues this can give rise to. This book assesses the tensions involved in the development of the Estonian economy in terms of growth, convergence, financial development, labour reallocation, structural and organizational change, and the role of foreign companies and international networks. The analysis of Estonia is placed within a broader context and among a wider set of nations, and thus aims at understanding the potential for growth and structural change in the eastern part of the enlarged EU. In these and related fields, the book seeks to draw lessons from Estonia for other new (and indeed future) EU accession countries.

Author: T. Paas
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
This book aims to throw light upon the main changes in the Baltic states' labour markets, laying emphasis on the labour market flexibility, flexicurity and employment issues in the context of the EU eastward enlargement. The European labour markets of both old (EU-15) and new (EU-10) member states are facing big challenges in their current development. There are high expectations connected with improvement of competitiveness of European economy and enlargement of Euro area. Flexible labour markets help to maintain the expected quick economic growth and to adjust to possible asymmetric shocks of Euro area development. The particular significance of the labour market flexibility is also outlined by the Optimal Currency Area Theory (Mundell, 1961), which forms the theoretical framework for the EMU. At the same time a significant increase of labour market flexibility may due to possible increased employment and consequently also income insecurity causing weakening cohesion of a society. to rely on the European social model which stresses the importance of high social security, including also employment security. For improvement of economic growth and competitiveness, the new concept called flexicurity has been introduced. Flexicurity as a policy option in general meaning several ways of social protection for a flexible workforce, which may support social cohesion and sustainable economic growth in the long run perspective. This book brings together new research in this exciting field of economical studies.