Labour developments, living standards and well-being in Eastern Europe before the transition
Vasily Astrov and Branimir Jovanović
wiiw Working Paper No. 255, November 2024
39 pages including 1 Table and 25 Figures
This article examines trends in population, labour, prices, incomes and consumption across eight Eastern European countries – Bulgaria, Czechoslovakia, East Germany, Hungary, Poland, Romania, the Soviet Union and Yugoslavia – between 1950 and 1990. It finds that, despite persistent shortages, economic and social conditions generally improved until the late 1970s. Incomes and consumption rose steadily, and access to education and health care expanded, often at rates comparable to or even surpassing those in some Western European economies. However, the 1980s brought mounting economic challenges, as the state increasingly lost labour to the informal sector, wages and incomes stagnated, inflation surged in several countries, and consumption growth began to slow significantly.
wiiw COMECON Dataset:
https://comecon.wiiw.ac.at/
Keywords: population, labour, incomes, prices, consumption, living standards, well-being, Eastern Europe, socialism
JEL classification: N34, P22, P23, P24
Countries covered: Bulgaria, Czechoslovakia, Hungary, Poland, Romania, USSR - Soviet Union, Yugoslavia, East Germany
Research Areas: Labour, Migration and Income Distribution