How to Overhaul the Labor Market : Political Economy of Recent Czech and Slovak Reforms Jurajda, Štěpán Mathernová, Katarína 2012-06-26T15:38:56Z 2012-06-26T15:38:56Z 2004
dc.description.abstract The Czech and Slovak Republics – until 1993 two parts of former Czechoslovakia – offer a unique reform comparison. Even though Slovakia faced higher unemployment since early transition and it was subject to greater reform failures, the two countries experienced similar macroeconomic paths over the first decade of transition. However, since the currency crises of 1997(8), their depth of reforms has been very different, with Slovakia making major strides to improve the labor market. We suggest two explanations, one based on fiscal pressures, the other stemming from political developments. The Slovak reforms of 1998 to 2002 benefited from a window of opportunity created by pre-1998 policy failures. A small team of advisors working under an influential Cabinet member drafted and implemented many successful reforms in spite of resistance mounted by political opponents. After the 2002 electoral victory of pro-reform parties, the labor market administration has implemented a sweeping reform agenda, which benefits from the weakness of its opponents, notably the trade unions. In contrast, the post-1998 Czech governments are closely tied to trade unions and oppose radical reforms in the labor market despite rising fiscal pressures and unemployment. en
dc.language English
dc.publisher Washington, DC: World Bank
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.subject World Development Report 2005
dc.title How to Overhaul the Labor Market : Political Economy of Recent Czech and Slovak Reforms en
dspace.entity.type Publication
okr.crosscuttingsolutionarea Fragility, Conflict, and Violence
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Health, Nutrition, and Population
okr.language.supported en
okr.region.administrative Europe and Central Asia
okr.topic Conflict and Development
okr.topic Finance
okr.topic Health, Nutrition and Population
okr.topic Labor
okr.topic Macroeconomics and Economic Growth
okr.topic Private Sector
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