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Structural Change and Unemployment in Central and Eastern Europe: Some Key Issues

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  • Burda, Michael C

Abstract

Labour markets in Central and Eastern Europe (CEE) will be a key vehicle for the expression and reallocation of skills and talents in the transformation process. To a large extent, the emergence of unemployment is an indicator of this restructuring and reallocation. This paper surveys some of the issues involved in the rise of CEE unemployment as well as the policy options available for dealing with it. Specifically, the paper looks at reallocation of human resources across industries, occupations, space, and labour market states. The matching function is proposed as one possible device for summarizing and studying these developments. The paper briefly evaluates current labour market policies in the CEE economies in this light.

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Bibliographic Info

Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 977.

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Date of creation: Jun 1994
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Handle: RePEc:cpr:ceprdp:977

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Related research

Keywords: Central and Eastern Europe; Labour Markets; Transformation; Unemployment;

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Cited by:
  1. Denizer, Cevdet, 1997. "Stabilization, adjustment, and growth prospects in transition economies," Policy Research Working Paper Series 1855, The World Bank.
  2. Wladimir Andreff, 2004. "Would a Second Transition Stage Prolong the Initial Period of Post-socialist Economic Transformation into Market Capitalism?," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 1(1), pages 7-31, June.

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