Skip to content
Advertisement

Business

OECD report says the labor market and institutions need major reform

Poland needs to improve the functioning of its public institutions and deregulate markets, recommends the Organization for Economic Cooperation and Development (OECD) in its report. The OECD pointed out several problems of institutions such as a high level of corruption, poor skills of civil servants, low salaries, inefficient and sluggish judicial system. OECD analysts believe that high unemployment in Poland is the result of both an economic slowdown and an overly regulated labor market. They also found the level of deregulation of the telecom market to be below the standard of most OECD countries. (Rzeczpospolita, July 13-14, p. B2) T.J.

More from Business All