China's transition to a market economy has been a process of basic institutional changes and institution building. The institutional change from a socialist labour regime (SLR) as one of the backbones upholding the traditional leninist system to a new 'socialist' market labour regime (SMLR)...

The diversity of the labour market in the Visegrad Group countries is presented in the article from an institutional perspective. Institutions such as different tax and transfer policies, employment protection legislation, or active and passive labour market policies can affect not only the...

Mozambique has achieved remarkable macroeconomic success over recent decades, boasting one of the world's highest rates of GDP growth. However, absolute poverty remains persistent, spilling over into social unrest. To better understand the link between aggregate growth and household welfare,...

This paper analyses the role of social capital on immigrants' labour market outcomes. We use the principal component analysis (PCA) to build an index of social networks and explore its impact on the probability of getting a job and on wage levels using the Households Income and Labour Dynamics...

In summer 2007, the US subprime crisis emerged and economic growth in industrialised countries started to slow down. The situation deteriorated after the default of Lehman Brothers in September 2008 and despite massive government interventions, the United States and most European countries slid...

Ecuador experienced moderate economic growth during the 2000s. The economy suffered a mild recession during the international crisis of 2008, but returned to pre-recession GDP per capita level in 2010. Most labour market indicators improved over the period. The only indicator that worsened was...

The Uruguayan story was one of declines in the early years of the 2000s in most indicators, followed by improvements in all of them. Economic growth was negative in the early years due to a severe economic crisis, positive and rapid thereafter except during the international crisis of 2008. Most...

Venezuela experienced slow economic growth during the 2000s. The economy suffered a recession in the early years of the period and during the international crisis of 2008, but most labour market indicators improved and moved along with the business cycle over the period. The only indicators that...

Argentina experienced a decline in the early years of the 2000s, from 2000 to 2002, in GDP and in most labour market indicators, followed by improvements in nearly all of them, tracing out a U-shaped pattern. The international crisis of 2008 impacted negatively only on the unemployment rate and...

The Peruvian economy performed exceptionally well between 2000 and 2012, with a growth performance that placed the country well above the regional average and an improvement in all labour market indicators. The economy suffered a slowdown as a consequence of the international crisis of 2008, but...