Austerity, labour market segmentation and emigration: the case of Lithuania

Arunas Juska and Charles Woolfson

Industrial Relations Journal, 2015, vol. 46, issue 3, 236-253

Abstract: The so-called ‘Baltic model’ of austerity sometimes receives uncritical praise from advocates of tightened austerity. This model has achieved an almost uncontested vogue among international finance officials and European Union policy makers who portray it as a ‘socially costless’ template for other crisis economies. The article examines the impact of austerity on Baltic Lithuania, a peripheral newer EU member state, and suggests that the harsh austerity measures adopted by its government in order to restore fiscal balance have been far from socially costless. Austerity has accelerated fragmentation of the labour market into a differentially advantaged primary (largely public) sector, and an increasingly informalised secondary (low-skill manufacturing and services) sector, stimulating extraordinarily high levels of emigration as the population, especially younger persons, depart from the country. We describe this here as the formation of a new austeriat.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/10.1111/irj.12102 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:indrel:v:46:y:2015:i:3:p:236-253

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0019-8692

Access Statistics for this article

Industrial Relations Journal is currently edited by Peter Nolan

More articles in Industrial Relations Journal from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().