>Jim Devine quoted:
> A World Bank representative at an ILO meeting in April 1992,
> concerning the restructuring of the former Eastbloc nations:
>
> "offered us a 'hypothesis to be considered': whether we should
> not judge our success in achieving adjustment in Central and
> Eastern Europe by the extent to which unemployment _rises_
> rather than by the extent to which we were able to keep
> unemployment down. A figure of 20% was referred to in later
> discussion." (emphasis in the original)
>
> The speaker was Chief of the World Bank's Human Resources
> Operations Division for Eastern Europe.
>From The World Bank sector report, Restructuring the Coal Industry,
Russian Federation, August 1994, p.19:
`The pace of adjustment recommended in setting the subsidy targets is
a compromise between two targets: improving the Government's fiscal
position and reducing employment in mining areas, in both cases as
rapidly as possible.'
The Russian translator obviously could not believe this, so the
Russian language edition, accepted by the Russian government, says `reducing
unemployment'.
Simon Clarke
Centre for Comparative Labour Studies
Department of Sociology
University of Warwick
Coventry CV4 7AL
UK
Phone: 203-523301
Fax: 203-523497
email: [EMAIL PROTECTED]
