Artikel

New firms entry, labor reallocation, and institutions in transition economies

In the transition from central planning to a market economy in the 1990s, governments focused on privatizing or closing state enterprises, reforming labor markets, compensating laid-off workers, and fostering job creation through new private firms. After privatization, the focus shifted to creating a level playing-field in the product market by protecting property rights, enforcing the rule of law, and implementing transparent start-up regulations. A fair, competitive environment with transparent rules supports long-term economic growth and employment creation through the reallocation of jobs in favor of new private firms.

Sprache
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2015 ; Bonn: Institute for the Study of Labor (IZA)

Klassifikation
Wirtschaft
Public Sector Labor Markets
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
Entrepreneurship
Socialist Systems and Transitional Economies: Political Economy; Property Rights
Socialist Enterprises and Their Transitions
Thema
new firms entry
job reallocation
transition
institutions

Ereignis
Geistige Schöpfung
(wer)
Bruno, Randolph Luca
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2015

DOI
doi:10.15185/izawol.180
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Bruno, Randolph Luca
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2015

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