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Job Growth-Productivity Tradeoffs for ECA: 7 Graphs and 4 Conclusions

Job Growth-Productivity Tradeoffs for ECA: 7 Graphs and 4 Conclusions. Arup Banerji ECA Productivity Workshop Halloween 2005. Recent ECA Productivity Increases Have Translated into Wage Growth, Not Jobs. Yet -- Earnings Disparities -- And Higher in CIS.

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Job Growth-Productivity Tradeoffs for ECA: 7 Graphs and 4 Conclusions

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  1. Job Growth-Productivity Tradeoffs for ECA: 7 Graphs and 4 Conclusions Arup Banerji ECA Productivity Workshop Halloween 2005

  2. Recent ECA Productivity Increases Have Translated into Wage Growth, Not Jobs

  3. Yet -- Earnings Disparities -- And Higher in CIS

  4. Structural Shifts and Productivity in Czech

  5. Structural Shifts and Productivity in Kyrgyz

  6. … And Large “Informal” Sectors, especially in the CIS

  7. A Simple Two-Sector Model: Productivity Increasing and “Good” Jobs Falling du “rural”w, mpl “urban”w, mpl mplu mplr wu1 mplu2 mplu1 A B O’ O “rural” empl. “urban” empl.

  8. A Simple Two-Sector Model: Productivity Increasing and “Good” Jobs Rising mplu2 “rural”w, mpl “urban”w, mpl mplu1 mplr mplu3 mplu2 C B O’ O “rural” empl. “urban” empl.

  9. Is Productivity the Key to Jobs? 4 Conclusions • There is a clear difference on how we should approach the issue in Central Europe vs. CIS • There is a clear difference when we look at the stage of restructuring of a given economy • Increasing the ways to increase rural productivity is a missing link in the analysis • Understanding informality and its dynamics is another key question in understanding productivity dynamics in ECA

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