Wage developments in candidate countries

• Autores: Béla Galgóczi, Emmanuel Mermet
• Localización: Transfer: European Review of Labour and Research, ISSN 1024-2589, Vol. 9, Nº. 1, 2003, págs. 50-63
• Idioma: inglés
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• Resumen

  • This article examines wage developments in 1990-2000 in the central and eastern European candidate countries. Two basic approaches are used: a comparison of wage levels in these countries with wages in EU countries and an examination of the development of wages in relation to other indicators of economic performance in the countries observed. Nominal wage levels were found to be 17% of EU levels whereas wage levels at purchasing power parity were found to be 39% of EU levels. The authors conclude that real wages in the period between 1992 and 2000 lagged substantially behind labour productivity and, in most countries, also behind GDP growth.