Unemployment

Jan Adam
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Jan Adam: University of Calgary

Chapter 7 in Social Costs of Transformation to a Market Economy in Post-Socialist Countries, 1999, pp 87-103 from Palgrave Macmillan

Abstract: Abstract All the countries in transition, especially the CSR, suffered from labour shortages during the communist regime. Reformers, and also the public, knew that with transformation to a market economy labour shortages would turn into unemployment. Some reformers even went so far as to see in unemployment an indicator of the progress in transition. One Czech minister noted that 8 per cent unemployment would indicate that the republic was on the right path to a market economy.

Keywords: Real Wage; Public Work; Unemployment Benefit; Social Assistance; Unemployed People (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50087-7_7

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DOI: 10.1057/9780230500877_7

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