From transition crisis to the global crisis: twenty years of capitalism and labour in the Central and Eastern EU new member states
Onaran, Özlem (2011) From transition crisis to the global crisis: twenty years of capitalism and labour in the Central and Eastern EU new member states. Capital & Class, 35 (2). pp. 213-231. ISSN 0309-8168 (print), 2041-0980 (online) (doi:10.1177/0309816811402648)Full text not available from this repository.
This paper analyses the developments in wages, employment and income distribution in the Central and Eastern European new member states twenty years after transition to capitalism, divided into three periods: 1) the transition crisis; 2) post-transition growth; and 3) the crisis episode of 2008-9. Total employment has at best stagnated or slightly decreased. Modest wage increases have fallen behind productivity increases. Furthermore, the global crisis has led to employment losses in all countries, and real wages have already started to decrease in several countries.
|Additional Information:|| Capital & Class is published in Association with Conference of Socialist Economists.|
|Uncontrolled Keywords:||Central and Eastern Europe, wage, employment, wage share, crisis|
|Subjects:||H Social Sciences > HB Economic Theory|
J Political Science > JN Political institutions (Europe)
|School / Department / Research Groups:||School of Business|
|Last Modified:||04 Oct 2012 11:34|
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