Mateusz Guzikowski

(...) there is an interaction between the labour market institutions, there is a need to introduce wide-ranging reforms whose effects will be sustainable and visible for a long period of time.

The Nordic pension schemes’ primary characteristic is the high effective retirement age, which was achieved thanks to the limitation of the possibility of earlier professional deactivation and to the creation of numerous encouragements for longer presence in the labour market.

Since regaining independence some twenty years ago Latvia, a small, open economy has been tormented by three economic crises: first one resulting from the economic transition (institutional change from centrally planned to free market economy), second, in 1998, being transmitted from Russia, and the last one being part of the recent global recession. Despite these […]