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
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Englisch
- Erschienen in
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Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2015 ; Bonn: Institute for the Study of Labor (IZA)
- Klassifikation
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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
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new firms entry
job reallocation
transition
institutions
- Ereignis
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Geistige Schöpfung
- (wer)
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Bruno, Randolph Luca
- Ereignis
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Veröffentlichung
- (wer)
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Institute for the Study of Labor (IZA)
- (wo)
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Bonn
- (wann)
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2015
- DOI
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doi:10.15185/izawol.180
- Handle
- Letzte Aktualisierung
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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