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The OECD Black Sea and Central Asian Economic Outlook

This chapter explores the labour market policies in Central Asia, focusing on the shocks of transition and globalization, households' coping mechanisms, and government policy responses. It also provides policy recommendations for better job creation and sustaining reforms.

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The OECD Black Sea and Central Asian Economic Outlook

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  1. The OECD Black Sea and Central Asian Economic Outlook Promoting work and well-being Labour Market Policies in the Global Environment Richard Pomfret

  2. Firms (chapter 4) • SHOCKS: • transition • globalization Households (chapter 5) Governments (chapter 6) Labour Market Policies in the Global Environment

  3. Labour Market Outcomes • Transition in an open economy → • more severe recession than expected • ↑ volatility and job insecurity • during the 1990s labour market policy responses were limited • The Outlook describes how labour market policies evolved during the 2000s • but the context was also set by households’ responses during the 1990s

  4. Households’ Coping Mechanisms • Short-term coping mechanisms • family and community support • Longer-term coping mechanisms • informality • migration • Vulnerable groups and coping mechanisms • gender roles, urban-rural gaps, ethnic relations, pensioners, children

  5. Policy Responses • ILO Conventions and improving the labour market environment • employment protection, unemployment insurance, minimum wage legislation, reducing informality • Active Labour Market Policies • public employment, vocational training, microfinance, youth employment • Public redistribution • targeting social assistance • Facilitating private redistribution

  6. Conclusions and Policy Recommendations • Investment on statistics • Regularising informal activities • Active labour market policies • Employment-oriented social polices and targeted assistance • Migration, remittances and migrant workers’ rights • Sustaining reforms for better job creation

  7. The OECD Black Sea and Central Asian Economic Outlook Promoting work and well-being

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