Lytle, Paula F.2013-02-262013-02-262012-01https://hdl.handle.net/10986/12512This report provides an overview of social impact and social mitigation measures that have been addressed in World Bank supported enterprise restructuring programs in Europe and Central Asia. The focus is on lessons learned from the experience elsewhere in the region that could provide guidance to and policy options for Croatia in the on-going process of enterprise restructuring. The first stage of transition focused on the establishment of market-driven, private sector-oriented economies. In recent years, the requirements of European integration and accession have led to an emphasis on fiscal discipline. Closer attention has been paid to implicit subsidies such as budgetary credits, nonpayment of taxes and accumulation of tax arrears, transfers from off-budget funds, and government payment of guaranteed loans. European Union candidate countries have faced similar policy challenges in mitigating the impact of unemployment due to structural shifts in the economy.en-USCC BY 3.0 IGOACCOUNTABILITYACTIVE LABORACTIVE LABOR MARKETACTIVE LABOR MARKET PROGRAMSACTIVE LABOR PROGRAMSADJUSTMENT LOANADJUSTMENT LOANSADVERSE EFFECTSADVERSE SELECTIONAFFECTED WORKERSAGED WORKERSASSET STRIPPINGASSETSBANKING SECTORBANKING SECTOR REFORMSBANKRUPTCYBANKRUPTCY PROCEDURESBANKRUPTCY PROCEEDINGSBENEFICIARIESBUSINESS ENVIRONMENTBUSINESS INCUBATORBUSINESS INCUBATORSCOLLECTIVE BARGAININGCOLLECTIVE BARGAINING AGREEMENTSCOMPANYCREDITSDEPENDENTDEVELOPMENT EFFECTIVENESSDEVELOPMENT STRATEGIESDISMISSED WORKERSECONOMIC RECOVERYECONOMIES IN TRANSITIONEMPLOYEEEMPLOYMENT IMPACTEMPLOYMENT LEVELSEMPLOYMENT OPPORTUNITIESEMPLOYMENT POLICYEMPLOYMENT PROSPECTSEMPLOYMENT PROTECTION LEGISLATIONEMPLOYMENT SERVICESENTERPRISE DEVELOPMENTENTERPRISE REFORMENTERPRISE RESTRUCTURINGENTREPRENEURSHIPEXPANSIONFINDING JOBSFIRMSHIGH UNEMPLOYMENTINCOMEINCOME DISTRIBUTIONINCOME SUPPORTINDUSTRIAL RESTRUCTURINGINFORMAL ECONOMYINSTITUTIONAL ARRANGEMENTSINSTITUTIONAL DEVELOPMENTINSURANCEJOB CREATIONJOB LOSSJOB LOSSESJOB PLACEMENTJOB PLACEMENT SERVICESJOB SEARCHJOB SEARCH ASSISTANCEJOB SECURITYJOBSLABOR CONTRACTSLABOR COSTSLABOR DEMANDLABOR DISPUTESLABOR FORCELABOR FORCE PARTICIPATIONLABOR LEGISLATIONLABOR MARKETLABOR REDEPLOYMENTLABOR REGULATIONSLABOR UNIONSLAID-OFF WORKERSLAYOFFSLEGISLATIVE REFORMLIQUIDATIONLIVING STANDARDSLOANLOCAL GOVERNMENTSLONG-TERM EMPLOYMENTMANDATESMORAL HAZARDMUNICIPALITIESNEGOTIATIONSNONPAYMENTOLDER WORKERSON-THE-JOB TRAININGORGANIZED LABORPENSIONSPOLITICAL ECONOMYPRIVATE SECTORPRIVATIZATIONPRODUCTIVE ACTIVITYPRODUCTIVITYPUBLIC ENTERPRISESPUBLIC FINANCEPUBLIC SECTOR DOWNSIZINGPUBLIC WORKSPUBLIC WORKS PROGRAMSREORGANIZATIONRESTRUCTURING PROCESSRESTRUCTURING PROGRAMRESTRUCTURING PROGRAMSRETRENCHED WORKERSSAFETYSAFETY NETSEVERANCE PAYSEVERANCE PAYMENTSSKILL SHORTAGESSMALL BUSINESSSOCIAL BENEFITSSOCIAL COSTSSOCIAL DEVELOPMENTSOCIAL SAFETY NETSSOCIAL SERVICESSTATE-OWNED ENTERPRISESSTRUCTURAL ADJUSTMENTTAX ARREARSTECHNICAL ASSISTANCETEMPORARY EMPLOYMENTTRADE UNIONSTRAINING PROGRAMSTRANSITION ECONOMIESUNEMPLOYEDUNEMPLOYED WORKERSUNEMPLOYMENTUNEMPLOYMENT BENEFITSUNEMPLOYMENT RATEWAGE DATAWAGE GROWTHWAGESWORKERWORKERSWORKING CONDITIONSYOUNGER WORKERSWorld Bank10.1596/12512