CORDIS Project
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This research project analyzes the effects of international trade on labor market performance in Central European countries, particularly after their accession to the European Union. It examines how trade openness impacts employment structures, wages, and economic activity, focusing on the adjustment challenges faced b…
The submitted research project is supposed to contribute to the ongoing debate on the impact of growing international trade on labour market performance.
As trade theory shows, opening of economy entails long term welfare improvement, but in the short run it poses a serious problem of adjustment to changing economic conditions (in terms of production and employment structure, wages or geographical distribution of economic activity).
With economy (and labour market in particular) lacking mechanis…
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