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Explore the policy challenges in promoting work and well-being in the global environment, as discussed by Toshiaki Sakatsume, Office of the Chief Economist at EBRD.
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Promoting Work and Well Being: Policy Challenges in the Global Environment Toshiaki Sakatsume Office of the Chief Economist EBRD Bucharest, June 23rd 2008
EBRD surveys • BEEPS: In partnership with the World Bank, the EBRD is implementing the Business Environment and Enterprise Performance Survey (BEEPS). Three rounds of the survey have so far been implemented (1999, 2002, and 2005). 20,000 firms in 27 countries have been interviewed. • Life in Transition Survey: Jointly with the World Bank , EBRD implemented the survey is to assess the impact of transition on people 29,000 individuals were interviewed in 28 transition countries plus Turkey.
The speed of labour reallocation varies substantially by region Source: EBRD-World Bank, Life in Transition Survey, 2006.
Transition Indicators: Measurement 4+ 4 3 2 1 Standards of an industrialised market economy Little or no change from a centrally planed economy
Business Environment and Enterprise Performance Survey (2002, 2005) Tajikistan Georgia
Business Environment and Enterprise Performance Survey (2002, 2005) Kazakhstan Azerbaijan
Younger people more upbeat than older generation • Older generation has borne the brunt of painful economic and political reforms • Younger generation poised to reap the benefits