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High levels of economic inequality may lead to lower economic growth and can have negative social and political impacts … significantly more than previously suggested. Currently, the average Gini index (a common measure) of inequality in Eastern Europe … is about 3 percentage points higher than in the rest of Europe. This rise in inequality was initially driven by …
Persistent link: https://www.econbiz.de/10013254550
Higher inequality reduces capital accumulation and increases the informal economy, which creates additional employment … links between inequality and informality because badly designed informality-reducing policies may increase inequality …
Persistent link: https://www.econbiz.de/10011665024
In many transition countries, the collapse of communism ushered in language reforms to adapt to the newfound independence from the Soviet Union and openness to the rest of the world. Such reforms may have implications for individuals’ economic opportunities, since foreign language proficiency...
Persistent link: https://www.econbiz.de/10011770571
The recent EU enlargements into Central and Eastern Europe and increased labor mobility within the Union provide a unique opportunity to evaluate the labor market effects of emigration. Outmigration has contributed to higher wages for stayers, as well as to lower unemployment in the source...
Persistent link: https://www.econbiz.de/10011417106
Large imbalances between the supply and demand for skills in transition economies are driven by rapid economic restructuring, misalignment of the education system with labor market needs, and underdeveloped adult education and training systems. The costs of mismatches can be large and...
Persistent link: https://www.econbiz.de/10011434453
The privatization of state-owned enterprises (SOE) in transition economies has often been found to improve employment and productivity of privatized SOEs, despite policymakers’ fears regarding possible job cuts. This positive effect can be enhanced if privatization also promotes firms’...
Persistent link: https://www.econbiz.de/10011557631
Since 1989 fertility and family formation have declined sharply in Central and Eastern Europe and the former Soviet Union. Fertility rates are converging on - and sometimes falling below - rates in Western Europe, most of which are below replacement levels. Concerned about a shrinking and aging...
Persistent link: https://www.econbiz.de/10011414537
In developing and transition economies as much as half the labor force works in the informal sector (or "shadow economy"). Informal firms congest infrastructure and other public services but do not contribute the taxes needed to finance them. Informal workers are unprotected against such...
Persistent link: https://www.econbiz.de/10013254477
reversing these reforms (i.e. corruption, inequality of opportunity). This point is illustrated through the example of the post …
Persistent link: https://www.econbiz.de/10013254562
In 2002, the EU set targets for expanding childcare coverage, but most of the post-socialist countries are behind schedule. While childcare expansion places a heavy financial burden on governments, low participation in the labor force by mothers, especially those with children under the age of...
Persistent link: https://www.econbiz.de/10011567191