Why central and eastern Europe needs a pay rise

"This working paper looks at wage developments in central and eastern Europe (CEE) over the past twenty years and shows that wages are not only low compared to western Europe but, as demonstrated by a number of variables, also tend to be lower than what the economic potential of these countries...

Full description

Bibliographic Details
Main Author: Galgóczi, Béla
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2017
ETUI
Subjects:
Online Access:https://www.labourline.org/KENTIKA-634612445289-Why-central-and-eastern-europe.htm
Description
Summary:"This working paper looks at wage developments in central and eastern Europe (CEE) over the past twenty years and shows that wages are not only low compared to western Europe but, as demonstrated by a number of variables, also tend to be lower than what the economic potential of these countries would allow for. It demonstrates that from the mid-90s until the crisis in 2008, wages in these countries caught up with wages in western Europe, but then came to a halt or even slowed down substantially."
Physical Description:27 p.
Digital
Paper