Does Growth Generate Jobs in Eastern Europe and Central Asia?

In Eastern Europe and Central Asia, the link from growth to jobs was tenuous in the first decade of the transition, giving rise to the notion of jobless growth. Yet, European countries suffered large job losses during the recent recession, suggesti...

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Main Authors:	Richter, Kaspar, Witkowski, Bartosz
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCOUNTABILITY AGGREGATE DEMAND BANKING REFORM BUSINESS CYCLE COMMODITY PRICES COUNTRY-SPECIFIC FACTORS CRISES CROSS-COUNTRY ANALYSIS DATA SETS DEPENDENT VARIABLE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT INDICATORS DEVELOPMENT POLICY DEVELOPMENT REPORT DIVERSIFICATION ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC REFORMS ECONOMIC REGULATIONS ECONOMIC SHOCKS ECONOMICS EMERGING MARKET EMPIRICAL EVIDENCE EMPLOYMENT EMPLOYMENT GROWTH EMPLOYMENT INCREASES EMPLOYMENT LEVELS EXPORT DIVERSIFICATION FINANCIAL CRISIS FIXED EFFECTS INCOME JOB LOSSES JOBLESS GROWTH JOBS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET DEVELOPMENT LABOR MARKET FLEXIBILITY LABOR MARKET INDICATOR LABOR MARKET INSTITUTIONS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKET POLICY LABOR MARKET REGULATIONS LABOR MARKET VARIABLES LABOR MARKETS LABOR ORGANIZATION LABOR PRODUCTIVITY LABOR SUPPLY LABOUR LABOUR MARKET LAYOFFS LIVING STANDARDS MACROECONOMIC POLICY MARKET ECONOMY MARKET TRENDS 0 HYPOTHESIS OUTPUT GROWTH POLICY RESEARCH POLICY VARIABLES POLITICAL STABILITY POVERTY REDUCTION PRODUCT MARKET PRODUCT MARKET REFORMS PRODUCT MARKET REGULATION PRODUCT MARKETS PRODUCTIVITY GROWTH RENTS RICH COUNTRIES SERIAL CORRELATION SERVICE SECTOR SIGNIFICANT IMPACT SOCIAL COHESION STRUCTURAL UNEMPLOYMENT TRANSITION COUNTRIES UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES WAGES WORKERS
Online Access:	http://documents.worldbank.org/curated/en/2014/01/18858594/growth-generate-jobs-eastern-europe-central-asia http://hdl.handle.net/10986/16818

id	okr-10986-16818
recordtype	oai_dc
spelling	okr-10986-168182021-04-23T14:03:33Z Does Growth Generate Jobs in Eastern Europe and Central Asia? Richter, Kaspar Witkowski, Bartosz ACCOUNTABILITY AGGREGATE DEMAND BANKING REFORM BUSINESS CYCLE COMMODITY PRICES COUNTRY-SPECIFIC FACTORS CRISES CROSS-COUNTRY ANALYSIS DATA SETS DEPENDENT VARIABLE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT INDICATORS DEVELOPMENT POLICY DEVELOPMENT REPORT DIVERSIFICATION ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC REFORMS ECONOMIC REGULATIONS ECONOMIC SHOCKS ECONOMICS EMERGING MARKET EMPIRICAL EVIDENCE EMPLOYMENT EMPLOYMENT GROWTH EMPLOYMENT INCREASES EMPLOYMENT LEVELS EXPORT DIVERSIFICATION FINANCIAL CRISIS FIXED EFFECTS INCOME JOB LOSSES JOBLESS GROWTH JOBS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET DEVELOPMENT LABOR MARKET FLEXIBILITY LABOR MARKET INDICATOR LABOR MARKET INSTITUTIONS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKET POLICY LABOR MARKET REGULATIONS LABOR MARKET VARIABLES LABOR MARKETS LABOR ORGANIZATION LABOR PRODUCTIVITY LABOR SUPPLY LABOUR LABOUR MARKET LAYOFFS LIVING STANDARDS MACROECONOMIC POLICY MARKET ECONOMY MARKET TRENDS 0 HYPOTHESIS OUTPUT GROWTH POLICY RESEARCH POLICY VARIABLES POLITICAL STABILITY POVERTY REDUCTION PRODUCT MARKET PRODUCT MARKET REFORMS PRODUCT MARKET REGULATION PRODUCT MARKETS PRODUCTIVITY GROWTH RENTS RICH COUNTRIES SERIAL CORRELATION SERVICE SECTOR SIGNIFICANT IMPACT SOCIAL COHESION STRUCTURAL UNEMPLOYMENT TRANSITION COUNTRIES UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES WAGES WORKERS In Eastern Europe and Central Asia, the link from growth to jobs was tenuous in the first decade of the transition, giving rise to the notion of jobless growth. Yet, European countries suffered large job losses during the recent recession, suggesting that jobs and growth are closely entwined. This study takes a new look at this issue. It provides a cross-country analysis of the employment intensity of growth over the last decade and a half in Eastern Europe and Central Asia, which includes the 11 Central and Eastern European countries that joined the EU since 2004, the countries of former Yugoslavia, the Countries of Independent States and Turkey. The authors compare these findings with other regions in the world. The paper shows that the responsiveness of employment to output increased in the second decade of the transition. It also finds that in some instances employment growth increases with reforms of labor and product markets, stronger macroeconomic policy frameworks, better governance, and more economic integration and diversification. 2014-02-03T20:33:33Z 2014-02-03T20:33:33Z 2014-01 http://documents.worldbank.org/curated/en/2014/01/18858594/growth-generate-jobs-eastern-europe-central-asia http://hdl.handle.net/10986/16818 English en_US Policy Research Working Paper;No. 6759 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Central Asia Eastern Europe
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTABILITY AGGREGATE DEMAND BANKING REFORM BUSINESS CYCLE COMMODITY PRICES COUNTRY-SPECIFIC FACTORS CRISES CROSS-COUNTRY ANALYSIS DATA SETS DEPENDENT VARIABLE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT INDICATORS DEVELOPMENT POLICY DEVELOPMENT REPORT DIVERSIFICATION ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC REFORMS ECONOMIC REGULATIONS ECONOMIC SHOCKS ECONOMICS EMERGING MARKET EMPIRICAL EVIDENCE EMPLOYMENT EMPLOYMENT GROWTH EMPLOYMENT INCREASES EMPLOYMENT LEVELS EXPORT DIVERSIFICATION FINANCIAL CRISIS FIXED EFFECTS INCOME JOB LOSSES JOBLESS GROWTH JOBS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET DEVELOPMENT LABOR MARKET FLEXIBILITY LABOR MARKET INDICATOR LABOR MARKET INSTITUTIONS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKET POLICY LABOR MARKET REGULATIONS LABOR MARKET VARIABLES LABOR MARKETS LABOR ORGANIZATION LABOR PRODUCTIVITY LABOR SUPPLY LABOUR LABOUR MARKET LAYOFFS LIVING STANDARDS MACROECONOMIC POLICY MARKET ECONOMY MARKET TRENDS 0 HYPOTHESIS OUTPUT GROWTH POLICY RESEARCH POLICY VARIABLES POLITICAL STABILITY POVERTY REDUCTION PRODUCT MARKET PRODUCT MARKET REFORMS PRODUCT MARKET REGULATION PRODUCT MARKETS PRODUCTIVITY GROWTH RENTS RICH COUNTRIES SERIAL CORRELATION SERVICE SECTOR SIGNIFICANT IMPACT SOCIAL COHESION STRUCTURAL UNEMPLOYMENT TRANSITION COUNTRIES UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES WAGES WORKERS
spellingShingle	ACCOUNTABILITY AGGREGATE DEMAND BANKING REFORM BUSINESS CYCLE COMMODITY PRICES COUNTRY-SPECIFIC FACTORS CRISES CROSS-COUNTRY ANALYSIS DATA SETS DEPENDENT VARIABLE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT INDICATORS DEVELOPMENT POLICY DEVELOPMENT REPORT DIVERSIFICATION ECONOMETRIC EVIDENCE ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC REFORMS ECONOMIC REGULATIONS ECONOMIC SHOCKS ECONOMICS EMERGING MARKET EMPIRICAL EVIDENCE EMPLOYMENT EMPLOYMENT GROWTH EMPLOYMENT INCREASES EMPLOYMENT LEVELS EXPORT DIVERSIFICATION FINANCIAL CRISIS FIXED EFFECTS INCOME JOB LOSSES JOBLESS GROWTH JOBS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET DEVELOPMENT LABOR MARKET FLEXIBILITY LABOR MARKET INDICATOR LABOR MARKET INSTITUTIONS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKET POLICY LABOR MARKET REGULATIONS LABOR MARKET VARIABLES LABOR MARKETS LABOR ORGANIZATION LABOR PRODUCTIVITY LABOR SUPPLY LABOUR LABOUR MARKET LAYOFFS LIVING STANDARDS MACROECONOMIC POLICY MARKET ECONOMY MARKET TRENDS 0 HYPOTHESIS OUTPUT GROWTH POLICY RESEARCH POLICY VARIABLES POLITICAL STABILITY POVERTY REDUCTION PRODUCT MARKET PRODUCT MARKET REFORMS PRODUCT MARKET REGULATION PRODUCT MARKETS PRODUCTIVITY GROWTH RENTS RICH COUNTRIES SERIAL CORRELATION SERVICE SECTOR SIGNIFICANT IMPACT SOCIAL COHESION STRUCTURAL UNEMPLOYMENT TRANSITION COUNTRIES UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES WAGES WORKERS Richter, Kaspar Witkowski, Bartosz Does Growth Generate Jobs in Eastern Europe and Central Asia?
geographic_facet	Europe and Central Asia Central Asia Eastern Europe
relation	Policy Research Working Paper;No. 6759
description	In Eastern Europe and Central Asia, the link from growth to jobs was tenuous in the first decade of the transition, giving rise to the notion of jobless growth. Yet, European countries suffered large job losses during the recent recession, suggesting that jobs and growth are closely entwined. This study takes a new look at this issue. It provides a cross-country analysis of the employment intensity of growth over the last decade and a half in Eastern Europe and Central Asia, which includes the 11 Central and Eastern European countries that joined the EU since 2004, the countries of former Yugoslavia, the Countries of Independent States and Turkey. The authors compare these findings with other regions in the world. The paper shows that the responsiveness of employment to output increased in the second decade of the transition. It also finds that in some instances employment growth increases with reforms of labor and product markets, stronger macroeconomic policy frameworks, better governance, and more economic integration and diversification.
format	Publications & Research :: Policy Research Working Paper
author	Richter, Kaspar Witkowski, Bartosz
author_facet	Richter, Kaspar Witkowski, Bartosz
author_sort	Richter, Kaspar
title	Does Growth Generate Jobs in Eastern Europe and Central Asia?
title_short	Does Growth Generate Jobs in Eastern Europe and Central Asia?
title_full	Does Growth Generate Jobs in Eastern Europe and Central Asia?
title_fullStr	Does Growth Generate Jobs in Eastern Europe and Central Asia?
title_full_unstemmed	Does Growth Generate Jobs in Eastern Europe and Central Asia?
title_sort	does growth generate jobs in eastern europe and central asia?
publisher	World Bank, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2014/01/18858594/growth-generate-jobs-eastern-europe-central-asia http://hdl.handle.net/10986/16818
_version_	1764435047642824704

Does Growth Generate Jobs in Eastern Europe and Central Asia?

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