Paying the Price
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Beschreibung
This book, written by a working group of the region's leading wage experts, provides the first ever assessment of wage policies in post-communist Central and Eastern Europe which was jointly carried out by the ILO and the European Commission. For the first time, evidence is presented which proves restrictive wage policies do not stimulate the creation of a market economy, while leading to a dramatic fall in living standards and to the growth of poverty. The evolution of wage levels and wage structure since 1989 is described and a direct assessment provided of wage policies in the first years of the reforms in terms both of social protection and economic efficiency, underpinned by the most recent data.
Autor*in
Daniel Vaughan-Whitehead
Themen in »Paying the Price«
assessment communism decentralization dynamics Eastern Europe economy efficiency growth Hungary microeconomics poverty reforms regulation science and technology transition