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Transition, Globalisation and Labour in the Black Sea Economic Co-operation and Central Asian Regions

Loukas Balafoutas and Kiichiro Fukasaku ()

No 68, OECD Development Centre Policy Insights from OECD Publishing

Abstract: Globalisation has brought benefits to the economies in the Black Sea Economic Co-operation (BSEC) and Central Asia (CA), but compounded volatility and uncertainty associated with the transition to market economy. Labour markets have been put under pressure, as BSEC-CA countries compete on the international arena. One important form of labour market adjustment has been a large amount of migration flows within the BSEC-CA region and to the neighbouring countries.

Date: 2008-06-01
New Economics Papers: this item is included in nep-cis, nep-dev, nep-lab and nep-tra
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