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Cyprus: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

This Selected Issues paper and Statistical Appendix analyzes labor market institutions and reforms for Cyprus. The paper describes the legal and institutional framework of the Cypriot labor market, and discusses the voluntary framework for negotiations, the degree of unionization and the system of tripartism, the wage setting mechanism, and labor market programs. The paper makes an assessment of the flexibility and efficiency of the Cypriot labor market, and in particular, the wage-setting mechanism. It also examines the trends and developments in the external competitiveness of Cyprus.

Suggested Citation

  • International Monetary Fund, 2005. "Cyprus: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2005/106, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2005/106
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    References listed on IDEAS

    as
    1. International Monetary Fund, 1998. "Cyprus: Selected Issues," IMF Staff Country Reports 1998/098, International Monetary Fund.
    2. De Broeck, Mark & Sloek, Torsten, 2001. "Interpreting real exchange rate movements in transition countries," BOFIT Discussion Papers 7/2001, Bank of Finland, Institute for Economies in Transition.
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