English, Article edition: LABOUR MARKET IN NEW FEDERAL STATES OF GERMANY Václav Lerch

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Bookmark: http://trove.nla.gov.au/version/197804
Physical Description
  • article
Language
  • English

Edition details

Title
  • LABOUR MARKET IN NEW FEDERAL STATES OF GERMANY
Author
  • Václav Lerch
Physical Description
  • article
Notes
  • The situation on the labour market in East Germany is difficult since the beginning of economic transition in the early 90\'s. The reasons for such a situation are complex. The implementation of single currency, the collapse of East Germany\'s foreign trade, the privatization method and high wages should be mentioned above all. The macroeconomic reasons for the persistently high unemployment rate are supported by microeconomic reasons, too. The unification of Germany was not perceived as a unique chance to reform the outdated German labour market. Active labour market policy measures known from the old Federal Republic of Germany were not as effective as expected.
  • unemployment rate, transition, labour participation, labour market, East Germany
  • RePEc:prg:jnlpol:v:2005:y:2005:i:2:id:504
Language
  • English
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