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Black Sea and Central Asia

Promoting Work and Well-Being

image of Black Sea and Central Asia

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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Work and Well-being: The Observed Outcomes

OECD Development Centre

The end of central planning was widely welcomed in Eastern Europe and, to a lesser extent, in the Soviet Union where it became entwined with the dissolution of the Union. A common expectation was that, after a brief transition, the economies would provide the higher living standards evident in Western Europe and parts of East and Southeast Asia. In practice, the optimism was misplaced as, unlike the experience of China and Viet Nam, which had experienced enhanced growth after their reforms of 1978-79 and 1986, the European and CIS transition economies experienced a sharp recession. The proximate cause was the decline of output from existing enterprises and the slow process of job creation in restructured and new enterprises.

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