Structural Change, Welfare Systems, and Labour Reallocation: Lessons from the Transition of Formerly Planned Economies

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This books deals with labour reallocation in the midst of structural change, drawing on the experience of economic transition in formerly planned economies. It details those features of social welfare systems best suited to fostering structural change while at the same time reducing social costs. The interaction between labour and social policies is studies, showing the crucial role that non-employment benefits play in both the scope and the speed of transition. By including the influence of education systems, institution-building, and policy-enforcement mechanisms, this book goes beyond previous studies to provide a detailed analysis of the many contributing factors to the success or failure of the transition process.

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The Puzzles of Transition
Building Blocks of the OST Models
The Timing of Reforms
A Simple Model of Transition
Safety Nets Earnings Inequalities and Reallocation
The Structure of Benefits and Reallocation
Returning to Europe
Unemployment Benefits and the Informal Sector

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About the author (2000)

Tito Boeri is Professor of Economics at Bocconi University, Milan. Formerly Senior Economist at the Organisation for Economic Co-operation and Development (OECD), he is Director of the Fondazione Rodolfo Debenedetti, and a member of the editorial board of the Journal of Comparative Economics.

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