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Adaptability And Change:The Regional Dimensions In Central And Eastern Europe

Edited by Grzegorz Gorzelak, Chor Ching Goh, Károly Fazekas Wydawnictwo Naukowe Scholar - 2012

The Recent Crisis (some Time Ago We Tended To Write "of 2008-2009", But Nowadays We Should Refrain From Displaying The Ending Date!) Has Become The Most Serious Challenge For The Central And Eastern European Countries After They Had Completed The Process Of Post-socialist Transformation And Became The EU Members. The Negative Impacts Of Recession In Their Most Important International Partners Multiplied Their Own Tensions And Imbalances Which - In Some Cases - Have Led To Dramatic Decline Of The GDP And Serious Cuts In Public Spending And Personal Incomes. Keeping In Mind All Differences Between Particular Central And Eastern European Countries We May Say That They, On The Whole, Have Met The Challenges Of The Crisis Bravely And Effectively Due To Still Great Adaptability And Flexibility Of Both Their Political Elites And Societies. They Thus May Become An Example For Some Other EU Member States Which Currently Struggle With Economic Difficulties And Encounter Strong Social Protests Against Necessary Harsh Economic Measures. This Book Addresses The Issues Of The Crisis And Its Aftermath In A More General Setting, Reaching Beyond The Recent Crisis, Both Into The Past And Into The Future, And Also Extending The Discussions Beyond The New Member States To Countries In The Greater European Continent.
Available at Scholar

From pensions to public work - Hungarian employment policy from 1990-2010

Eds.: Károly FAZEKAS - Ágota SCHARLE, 2012

The aim of this volume is to offer an overview of the practices and achievements of employment policy over the past 20 years, with particular attention paid to the interactions of individual policy tools. By comparing these with international experience and theory, the volume also attempts to point out opportunities for policy making to contribute more successfully and effectively to an increase in employment, taking account of the specific features of the Hungarian labour market and economy.


1. Diagnosis and lessons 2
1.1. Structural problems of the Hungarian labour market 2
1.2. The macroeconomic and business environment 8
1.3. The strengths and weaknesses of policy responses 12
1.4. Recommendations 14
2. Labour market goals in a wider policy context 20
2.1. The role and significance of labour affairs in the system of government institutions 20
2.2. Wage and taxation policies 33
2.3. Micro-regional development 48
2.4. Local government 63
3. The quality of policy making 77
3.1. Decision-making procedures in the national policy 77
3.2. The information base of policy making, impact assessment 90
3.3. Organizational capacity, organizational learning 105
4. Activation and wage adjustment 118
4.1. Using eligibility criteria to stimulate job search 118
4.2. Pensions and unemployment benefits 131
4.3. Minimum wage regulation 140
4.4. Labour market discrimination 154
5. Matching demand and supply 167
5.1. Geographical mobility 167
5.2. Active labour market measures 180
5.3. Part-time jobs and other atypical forms of employment 191
6. Reducing transaction costs 207
6.1. Informing jobseekers and employers – toolkit 207
6.2. Informing jobseekers and employers – interests 221
6.3. Reconciliation of work and family life – the impact of child allowances 235
6.4. Commuting and spatial variation in employment 244
7. Statistical Annex 256
7.1. Employment 258
7.2. Unemployment 263
7.3. Wages 273
7.4. Population 275
7.5. Economy 281
7.6. Welfare 287
7.7. Employment policy 290
8. Appendix 294

The five-year long golden age of venture capital and private equity (VC&PE) investments in the CEE region ended in the autumn of 2008. The temporary overvaluation of the region was halted by the global financial crisis. Since the majority of high volume capital raised recently by PE funds in the CEE region is still expected to be invested, it is unlikely that the cutback of PE financing in the CEE countries will be as radical as it has been in the developed markets. Based on a comprehensive review of past years' tendencies, the book analyses the future developments of the PE industry in the CEE region. It presents up-to-date data on the changes in the volume and structure of regional PE funds, as well as the PE investment and divestment trends of the related countries. The book captures qualitative and quantitative data, not only documenting the individual corporate level investments motives and applied strategies of regional PE investors, but giving an extensive statistical analysis of the regional PE market as well. This book will be of interest to practitioners, researchers and policy makers in the area of corporate finance.

VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG, 2010.

Mihályi Péter:

A magyar privatizáció enciklopédiája 1-2. kötet (Encyclopaedia of the Hungarian Privatization Vol. 1-2.)

Budapest: Pannon Egyetemi Könyvkiadó - MTA Közgazdaságtudományi Intézet, 2010. With a summary in English.

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Page last modified: 11 March, 2015