Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/177809 
Year of Publication: 
2018
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 433 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2018
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
One-company towns are a relatively rare phenomenon. Mostly created in locations that are difficult to access, due to their association with industries such as mining, they have been a marked feature of the former planned economies. One-company towns typically have high concentrations of employment that normally provide much of the funding for local services. This combination has proven problematic when faced with shocks that force restructuring or even closure. Specific policies for the redeployment of labor and funding of services need to be in place instead of subsidies simply aimed at averting job losses.
Subjects: 
employment concentration
worker attachment
restructuring
unemployment
JEL: 
D24
J42
R23
Persistent Identifier of the first edition: 
Document Type: 
Article

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