From transition crisis to the global crisis: labor in the Central and Eastern EU new member states.

Discussion paper


Onaran, O. 2011. From transition crisis to the global crisis: labor in the Central and Eastern EU new member states. London Sage. https://doi.org/10.1177/0309816811402648
TypeDiscussion paper
TitleFrom transition crisis to the global crisis: labor in the Central and Eastern EU new member states.
AuthorsOnaran, O.
Abstract

This paper analyzes the developments in wages, employment, and income distribution in the Central and Eastern European New Member States twenty years after transition to market economies in three episodes: i. the transition crisis, ii. the post-transition growth, iii. the crisis episode of 2008-09. The balance sheet of the 20 years of transition in terms of employment and wages is marked by the negative effects of the transition crisis at the beginning and the global crisis in the last two years. Total employment has at best stagnated or slightly decreased along with significant job losses in industry. Modest wage increases have fallen way behind phenomenal productivity increases. Furthermore the global crisis has led to employment losses in all countries, and real wages have already started to decrease in several countries.

JournalCapital and Class
ISSN0309-8168
PublisherSage
Place of publicationLondon
Publication dates
PrintJun 2011
Publication process dates
Deposited20 Apr 2010
Output statusPublished
Copyright Statement

Pre-refereed version as permitted by publisher.

Additional information

Originally published as discussion paper, no 135 (March 2010) by Middlesex University Business School, Department of Economics and Statistics.

Digital Object Identifier (DOI)https://doi.org/10.1177/0309816811402648
LanguageEnglish
File
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