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Wage policy during the transition to a market economy : Poland 1990-91 (Английский)

This paper discusses the workings of incomes policy, its rationale and its effects on wages and unemployment, in Poland during the initial stages of the transition to a market economy. It analyzes the role of incomes policy within the overall program of economic reforms started in Poland in January 1990. The paper evaluates in detail the design of wage policy and provides recommendations for an effective scheme. The Polish experience can provide important...
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