Liberalising labour

February 2005
Emerging Europe Monitor: Central Europe & Baltic States;Feb2005, Vol. 12 Issue 2, p1
Country Report
Country Report
The article focuses on the economic condition of Czech Republic. It reports that a recent survey of the Czech economy, conducted by the Organization for Economic Cooperation and Development identifies a number of obstacles to the reallocation of labor that threaten to undermine the country's economic growth potential. The government needs to address the politically sensitive issue of deregulation of property rents, which currently creates serious distortions to labor supply and serves as a crude and counterproductive tool for redistribution of wealth.


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