Labor markets in transition economies : recent developments and future challenges

This paper examines how the Bank's role in labor markets in transition countries, can be made more effective. The Bank should focus on ensuring that project interventions are made in a comprehensive policy framework, and, where possible, follow a logical process; from sector diagnosis, towards improvements in administrative, and institutional capacity, and policy reform. Bank support should help develop capacity in countries, to collect and evaluate information on labor market developments, and the performance of labor market programs. Labor market policies should be coordinated with policy dialogue in these, and other sectors, both within the Bank and the country in question, and, the Bank should conduct a policy dialogue that, as much as possible, involves all stakeholders.