Worker Displacement in Transition Economies and in China
Published By: Institute for the Study of Labor [IZA] | Published Date: May, 01 , 2014Continuous enterprise restructuring is needed for the transition and emerging market economies to become and remain competitive. However, the beneficial effects of restructuring in the medium run are accompanied by large worker displacement. The costs of displacement can be large and long-lasting for some workers and for the economy. To devise the right policy interventions, governments need to fully understand which workers are displaced and what costs they bear.
Author(s): Hartmut Lehmann | Posted on: Aug 21, 2015 | Views()