The Russian Labour Market: Between Transition and Turmoil / Edition 248

The Russian Labour Market: Between Transition and Turmoil / Edition 248

ISBN-10:
0742509125
ISBN-13:
9780742509122
Pub. Date:
02/07/2001
Publisher:
Rowman & Littlefield Publishers, Inc.
ISBN-10:
0742509125
ISBN-13:
9780742509122
Pub. Date:
02/07/2001
Publisher:
Rowman & Littlefield Publishers, Inc.
The Russian Labour Market: Between Transition and Turmoil / Edition 248

The Russian Labour Market: Between Transition and Turmoil / Edition 248

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Overview

Labour markets are a central element of any transition from planned economy to market-oriented system. This groundbreaking book examines the plight of Russian workers and employers during the first decade of post-Soviet reforms. The authors argue that higher-than-expected labour market flexibility early in the transition provided an important cushion for workers who would have been displaced with little recourse to social protection. However, over time, this flexibility reduced pressure for enterprise restructuring and accommodated policy drift. Although many workers were quite mobile, often this translated into a loss of human capital for older enterprises_even potentially viable ones_and to 'churning' in the labour market, accompanied by only limited restructuring. There was little job creation, labour hoarding persisted, and many workers saw their wages eroded by inflation and late payment of wages. The authors show this situation was largely the result of insufficient structural reforms, poor institutional development, and misplaced incentives. First providing an overview of the economic situation, key labour market trends, and the institutional situation during the 1990s, the book then reviews labour market dynamics. The authors assess changes in 'old' jobs at former state enterprises and evaluate 'new' job creation, mostly in private businesses. They examine the evolution of wages and the availability of social protection to workers. A special thematic section considers the political economy of labour market policy that brought the 'Russian approach' to labour market adjustment to life. The conclusion presents an integrated picture of the Russian labour market in the aftermath of the early transition period and highlights the implications of the experience for current policy.

Product Details

ISBN-13: 9780742509122
Publisher: Rowman & Littlefield Publishers, Inc.
Publication date: 02/07/2001
Edition description: 2ND
Pages: 304
Product dimensions: 5.84(w) x 8.98(h) x 0.51(d)

About the Author

Vladimir Gimpelson is a senior research associate at the Institute of World Economy and International Relations (IMEMO), Russian Academy of Sciences. Douglas Lippoldt is an international economist with the Organisation for Economic Co-operation and Development.

Table of Contents

Chapter 1 List of Abbreviations Chapter 2 List of Tables Chapter 3 List of Charts and Figures Chapter 4 Preface Chapter 5 Key Factors Shaping the Transition Chapter 6 On Movers and Stayers: Labour Market Dynamics Chapter 7 "Old Jobs": Employment in State-Owned and Privitised Enterprises Chapter 8 Are "New" Jobs Better Jobs? Chapter 9 Price Signals in the Labour Market: Wages, Wage Arrears, and Social Benefits Chapter 10 Social Protection and Labour Market Adjustment Chapter 11 The Politics of Labour Market Adjustment Chapter 12 Conclusions: Transitionand Turmoil Chapter 13 References Chapter 14 Index

What People are Saying About This

Yegor Gaidar

This remarkable study captures the essence of Russian Economic transition as seen from the cross-cutting perspective of the labour market. Gimpleson and Lippoldt's well-balanced account highlights key obstacles that have impeded positive change, but also the real progress that is sometimes overlooked. Their insightful and coherent view of the labour market, backed up by a wide range of empiricle evidence, will serve as an invaluable reference to all those working to understand and advance reform in Russia.
Yegor Gaidar

Richard Layard

This is a fresh and penetrating analysis of Russian labour market developments, which are critical for Russia's economic transition. It is a superb resource for students of the transition. Readable, detailed and well-documented, this book links the workings of the labour market to the larger picture of economic, political and social change.
Richard Layard

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