Black Sea and Central Asia
Promoting Work and Well-Being

This book analyses the opportunities and conditions of employment throughout the Black Sea region and Central Asia. It examines how different countries deal with social issues affecting well-being. It presents, thus, both a country-based view and a whole-region analysis that will be useful for policy makers and civil society in responding to the challenges ahead. Countries covered include Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Kazakhstan, the Kyrgyz Republic, Moldova, Romania, Russia, Serbia, Tajikistan, Turkey, Turkmenistan, Ukraine and Uzbekistan.
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Policy Responses
OECD Development Centre
Economic policy making in the BSEC-CA transition economies during the 1990s was dominated by the fundamentals of creating a market-based economy. There were substantial differences in the extent and speed of price liberalisation, monetary stabilisation and enterprise restructuring, characterised at the time by polemics over shock therapy versus gradualism. The variations were, in practice, however, more complex. The crucial importance of institutions was not well recognised and everywhere institutional reform was slow.
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