scholarly journals Youth Labour Market in Romania’s Development Regions in the Framework of Sustainable Development and of a Knowledge-based Economy

Author(s):  
Mariana Bălan

Abstract Even if the issue of youths’ inclusion in the labour market was always an important item on political agendas, during the last two decades this issue had particular relevance. In the last years, unemployment for this age group had unprecedented amplitude, reaching 20.6% in Romania in 2016. Modern societies provide for youths opportunities, still they are faced with major challenges related to the education and training and access to the labour force market. During the last decades, the world economy shifted in a continuous process from development based on traditional factors to the knowledge-based economy. The development of the knowledge-based economy leads to changes in labour force demand also: new skills and competences are required. As new technologies are implemented, the demand for high-skilled workers increases, especially for high-skilled ones in the field of Information and Communication (IC), and the demand for low-skilled workers decreases. The paper presents a brief characterisation of the labour force market at the level of Romania‘s regions of development and an analysis of the particularities of the youths’ labour market in the context of sustainable development and of the new economy as well as some advantages of using young labour force for sustainable development.

Author(s):  
Aurelija Čižauskaitė-Butkaliuk

In this century the management of the country is in a dynamic, multiplicity and controversial environment. For their competitiveness is necessary to look for the interaction between the knowledgebased economy and the sustainable development. A strong correlation between those objects.forces scientists to analyze, create new evaluation methodologies. The aim of this study – to examine the role of importance between knowledge–based economy and sustainable development, create and calculate an integrated sustainable knowledge–based economy index of Lithuania and according to the results or research, make proposes for more effective development of Lithuania’s sustainable knowledge–based economy. The index consists of Socio-economic, environmental, innovation, human resources and information and communications technology sub–indices..The calculation showed that the development of a knowledge–based economy is not sustainable, because not all the development of sub–indices.is the same. The biggest positive changes taking place in information and communication technology, and negative – socio-economic areas. The sustainable development of the knowledge–based economy in Lithuania since 2010 is growing up.


2021 ◽  
Vol 94 ◽  
pp. 01021
Author(s):  
Fatima Dakhaeva ◽  
Azalea Amirova

This article analyzes the current situation in the world economy, which includes socio-economic tools, innovative and technical mechanisms. The stable economy of the region is based on social sustainability and a favorable economic climate to attract investment and highly qualified personnel. Develop human resources, investment in the educational sphere, and the development of a "knowledge-based economy" is a priority for the Chechen Republic. Social and economic policy is a set of measures to create favorable conditions for the development of society, taking into account the provision of an appropriate level of economic efficiency and social justice in all spheres of human life. In conditions of geopolitical rivalry, it is necessary to increase the competitiveness of the economy also through new technologies.


Author(s):  
María del Rocío Soto Flores ◽  
Ingrid Yadibel Cuevas Zuñiga ◽  
Susana Asela Garduño Román

The processes of economic globalization and accelerating technological change have led to changes in economic and social life at a global level. New technologies, such as the TICs, systems of artificial intelligence, scanning, connectivity, nanotechnology, and biotechnology, among others, have transformed the national productive structures and human capital that require technologies disruptive today. In this context, education has become the main element of the knowledge society and training of human capital that demands a knowledge-based economy. The objective of the chapter is to analyze the relationship between human capital formations in the construction of a society of knowledge in Mexico. The structure is organized in three sections: 1) an analysis of the knowledge society, 2) the formation of human capital and the institutions of higher education in the knowledge society, and 3) human capital formation and its relationship in the construction of a society of knowledge in Mexico.


2011 ◽  
pp. 1206-1212
Author(s):  
Meliha Handzic

The world is currently experiencing a period of major change. The emerging new world is variously referred to as the third wave, the information age, the information society, or the knowledge-based economy. Regardless of the terminology used, what matters is that the new social, political, and economic world is globalized, based on the production, distribution, and use of knowledge, and is heavily reliant on information and communication technology (Handzic, 2004a). It is also characterized by increased complexity, uncertainty, and surprises. Some analysts like Raich (2000) think of it as a period of living in the centre of the “Bermuda Triangle” where individuals, organizations, and societies have to deal with the increasing turbulence and speed of change in order to progress. The rise of the information society has brought major changes in citizen and business expectations, as well as organizational structures, cultures, and work processes. To remain responsive to the changing needs of their constituents, governments increasingly have to adopt information society tools and working practices. Essentially, they have to use information and communication technology (ICT) as tools in private and public sector renewal, develop information industry, maintain high level of professional expertise in ICT, provide opportunities to use information society services and have information infrastructure capable of providing such services. The purpose of this article is to explore how these processes are helping in rebuilding Bosnia-Herzegovina.


10.5772/56002 ◽  
2013 ◽  
Vol 5 ◽  
pp. 7 ◽  
Author(s):  
Michele Grimaldi ◽  
Musadaq Hanandi

Since the rise of the knowledge-based economy, many worldwide companies have begun to deal with different frameworks to manage and evaluate the performance of intellectual capital, especially in the area of knowledge management services. This paper presents a novel conceptual model aiming to support management in evaluating and prioritizing their intellectual capital competitive core competences. Based on the analytic hierarchy process, the model analyses interdependences among intellectual capital elements and determines the impacts of core competences on organizational performance. To validate the model, it is empirically applied in the Technology Transfer Unit of the Italian national agency for new technologies, energy and economic development.


Labour market is one of the most important factors of economic growth, which is mainly determined by labour productivity. Disparity between wage and growth of labour productivity prevents the economies of the Eastern European countries from growing. Despite the radical economic reforms in Eastern Europe, one can still observe high unemployment rate, low labour productivity, deterioration in the quality of labour. New institutions in the labour market are designed to strengthen and adopt formal institutions, promote stable demand for labour and income policy. The article focuses on a critical analysis of theoretical approaches to labour productivity and empirical assessment of productive efficiency in Kharkiv region. State policy on supporting training and education affects the future opportunities for individuals and the ability of firms to enter new markets and adopt new technologies. It is also supposed to facilitate the allocation of labour by its productivity rate as well as help employees to cope with mobility. Improving the regional investment attractiveness goes hand in hand with enhancing human capital. A skilled workforce is essential for firms to adopt new and more productive technologies, and a better investment climate enhances the returns of investment in education. As firms are offered more opportunities and better access to new technologies, the demand for more skilled workers increases and the firms have stronger incentives to get engaged in growth-enhancing activities, which raise both individual and social returns to education. From the investment climate perspective, the main issues are how labour market interventions influence the opportunities and incentives for firms to invest in a productive way, to create jobs and expand operations. Regulations might reduce incentives for attracting new investments, adjusting the organization of work, taking advantage of new technologies, or hiring more employees.


Author(s):  
Burcu Sakız ◽  
Semih Sakız

Communication and information technologies have started to emerge since the 40s resulting major changes in the way business has been conducted and effected global economy. Transitions to knowledge-intensive business models become popular since late 1950s. Additionally intellectual capabilities become more important than physical inputs. Having sufficient national production and technology to create a welfare society similar to developed countries is crucial for any modern nation. One of the main developmental leverages for the globalization becomes the knowledge based economic approach. Developed by World Bank “Knowledge Assessment Methodology” is very important methodology in order to measure the progress of countries towards having a knowledge based economy. World Bank's four Knowledge Economy pillars: economic and institutional regime, education, innovation, and Information and Communication Technologies (ICTs) developed for countries to make basic assessment of countries’ readiness for the knowledge economy and help them the transition to a Knowledge Economy. In this study, knowledge economy concept and its properties are presented. Furthermore this paper introduces the analysis of knowledge economy from Turkey’s perspective especially for the role of innovation and education pillars in the development of Turkey.


2019 ◽  
Vol 15 (2) ◽  
pp. 35-42
Author(s):  
M. Toksanbayeva

The Object of the Study. Employed populationThe Subject of the Study. Mobility and stability in the labour marketThe Purpose of the Study. Analysing the processes of mobility and stability in the labour market in the aspect of effective regrouping of labour resourcesThe Main Provisions of the Article. In the conditions of structural transformations of the economy, the role of interfirm mobility of workers should increase. It is important that this process contributes to the improvement of the quality characteristics of the labour force. In many ways, this is achieved by increasing the reserves of human capital, but a change of work can counter this. It is known that stable employment with long-term labour relations are preferable for the growth of workers' qualifications. Moreover, interfirm mobility sometimes leads to a decrease in the quality of human potential. The analysis of these processes, their dominant trends, factors and motives was based on our theoretical and applied studies of the segmented (dual) labour market. In accordance with them, the labour market is divided into segments with high-quality and mass labour resources. The information base was provided by official statistics and an expert survey of workers, conducted at the Institute for Socioeconomic Studies of the Russian Academy of Sciences using the qualitative interview method. As a result of the analysis, it was revealed that mass resources are more mobile in the labour market, which is rarely accompanied by an improvement in their quality. This mainly applies to workers with low qualifications. They quit due to unattractive work and poor work-related security. For skilled workers, preference is more preferable than stable employment, but with good earnings and working conditions, for the sake of improvement of which they are ready to change jobs, but without changing their profession. At the same time, the processes of high mobility of specialists, whose professions allow working in various fields of activity (information technologies etc), have also been opened. It has been established that so far the increase in the level of employment of high-quality labour resources is limited by low rates of structural transformations of the economy.


2014 ◽  
Vol 58 (1) ◽  
pp. 13-26
Author(s):  
Predrag Bejaković

Employability and labour force competitiveness are important parts of an economy’s overall competitiveness. The key role of knowledge as a structural part of the competence in stimulating economic growth has been widely recognised by economists and other scientists. In modern societies, the acceptance and development of knowledge, skills and ideas have a crucial role in the creation of wealth. The key determinant of a knowledge-based economy is human capital, or more precisely its knowledge, competence and ability. In many modern employment strategies there has been great emphasis on worker employability. The general idea of employability is not new, although only in recent times efforts have been made to define it clearly as policy has shifted emphatically towards supply side issues. Employability can be defined as the extent to which employees have skills, which the market and employers regard as attractive and is of increasing importance for the economic sector. The aim of this research is to provide an overview of the relationship between education, employability and labour force competitiveness in Croatia. Key words: competitiveness, Croatia, educational system, employability, knowledge-based society, labour force.


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