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Transition, Globalisation and Labour in the Black Sea Economic Co-operation and Central Asian Regions


  • Loukas Balafoutas
  • Kiichiro Fukasaku



Globalisation has brought benefits to the economies in the Black Sea Economic Co-operation (BSEC) and Central Asia (CA), but compounded volatility and uncertainty associated with the transition to market economy. Labour markets have been put under pressure, as BSEC-CA countries compete on the international arena. One important form of labour market adjustment has been a large amount of migration flows within the BSEC-CA region and to the neighbouring countries.

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  • Loukas Balafoutas & Kiichiro Fukasaku, 2008. "Transition, Globalisation and Labour in the Black Sea Economic Co-operation and Central Asian Regions," OECD Development Centre Policy Insights 68, OECD Publishing.
  • Handle: RePEc:oec:devaac:68-en

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