Unemployment in reforming countries: Causes, fiscal impacts and the success of transformation

Arbeitspapier

The paper addresses and summarizes the role of unemployment in the transformation process from an economic system with a dominant state sector to a system with a dominant private sector. After reviewing the basic facts and some of the main explanations why unemployment is high during transition in countries of Central and Eastern Europe the role of unemployment and the fiscal problems due to unemployment is discussed within a model of economies of transition. The model highlights the ambivalent role of unemployment. On the one hand unemployment could jeopardize the transformation process when it reaches a critical value but on the other hand it could be regarded as an unavoidable byproduct and even a necessary device for the success of the whole process. After presenting the main features and conclusions of the model concerning the role of unemployment, another point of view, which lets doubt about the necessity and temporariness of 'transitional unemployment', will be discussed.

Angaben zum Objekt

• ISBN: 3931052109
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: BERG Working Paper Series on Government and Growth ; No. 29

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Fiscal Policies and Behavior of Economic Agents: General ; National Budget, Deficit, and Debt: General ; Socialist Systems and Transitional Economies: General
• Thema: Central and Eastern Europe ; transition ; unemployment ; restructuring ; fiscal dynamics ; Arbeitslosigkeit ; Übergangswirtschaft ; Allgemeines Gleichgewicht ; Öffentliche Finanzwirtschaft ; Dynamisches Modell ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Treier, Volker
• Ereignis: Veröffentlichung
• (wer): Bamberg University, Bamberg Economic Research Group on Government and Growth (BERG)
• (wo): Bamberg
• (wann): 1999

Weitere Informationen

• Handle: http://hdl.handle.net/10419/39702
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ