World Bank Policy Research Working Papers
Опубликовано на портале: 19-10-2004Tito Boeri, Katherine Terrell World Bank Policy Research Working Papers. 2001.
The transition process from planned economies to market-oriented economies involves a substantial reallocation of labor. In the planned economies employment was typically concentrated in heavy industry, away from consumers preferences. A strong small business sector was lacking, and private initiative had been tolerated almost exclusively in agriculture. Patterns of foreign trade were determined by economic planners within the framework of the Council for Mutual Economic Assistance. In the process of transition, employment had to flow out of such sectors as state-owned heavy industry into the new private, mostly small-scale, business sector. The success of transition in a given country can be assessed in part by how well it has addressed the problem of reallocating labor.