This book focuses on the economic factors which have impacted on the low-wage economies of Central and Eastern Europe (CEE), over the past twenty years. In this period CEE economies were mostly driven by low-wage based foreign direct investment (FDI). Earlier publications made the case that the... Find out more

China’s global outward foreign direct investment (FDI) has increased substantially over the last decade, with Europe as a key destination. The upsurge in Chinese outward FDI indicates a rebalancing of global political-economic relations, with China and its companies acquiring new roles and gaining... Find out more

This 2017 edition of Benchmarking working Europe focuses on the question 'overcoming cleavages across the EU?'. It analyses in four chapters and with the help of 58 visual graphs latest trends and outcomes of European policies in the areas of macro-economics, wages and collective bargaining, labour... Find out more

This book develops a new approach for estimating the way in which labour costs reflect cost competitiveness. Conventionally, unit labour costs (a standard measure of cost competitiveness) are calculated as indices, without regard to the relative levels of wage costs. To remedy this, the authors... Find out more

Structural reforms are increasingly at the core of the European and national agenda. But what are they? And what are the main factors shaping their content? This analysis of the structural reforms adopted between 2008 and 2015 in five European Union (EU) countries – the Czech Republic, Finland... Find out more