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Labour Market Institutions and Productivity - Labour Utilisation in Central and Eastern Europe (Hardcover)
Loot Price: R3,903
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Labour Market Institutions and Productivity - Labour Utilisation in Central and Eastern Europe (Hardcover)
Series: Routledge Studies in Labour Economics
Expected to ship within 12 - 17 working days
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This book explains the role of formal labour market institutions in
keeping the labour utilisation in Central and Eastern Europe above
the level characteristic for Western European states. It provides
an innovative and enriching take on labour utilisation at large and
how various formal labour market institutions can affect the
ongoing trend in labour utilisation in a way that is not covered by
the extant literature. The impact of labour market institutions on
labour market outcomes is analysed throughout 12 chapters, both
from a cross-country perspective and in detailed case-studies, by
21 labour market experts from various CEE countries. Most chapters
are based on empirical methods yet are presented in an
easy-to-follow way in order to make the book also accessible for a
non-scientific audience. The volume explores three key questions:
How can labour utilisation be increased by labour market
institutions? Which CEE countries managed to create a labour market
institutional framework beneficial for labour utilisation? How
should the labour market institutions in CEE countries be reformed
in order to increase labour utilisation? The book argues that the
legacy of transition reforms and a centrally planned past is still
relevant in explaining common patterns among CEE countries and
concludes that increasing the stock of skills accumulated by the
employed and improving utilisation of these skills seems to be the
first-best solution to increase labour utilisation. The book will
be of interest to post-graduate researchers and academics in the
fields of labour economics, regional economics, and macroeconomics
as well as scholars interested in adopting an institutional
analysis approach. Additionally, due to the broader policy
implications of the topic, the book will appeal to policymakers and
experts interested in labour economics.
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