Dependence between Labour Market and Economic Cycles

2013 ◽  
Vol 24 (4) ◽  
Author(s):  
Asta Mikalauskiene ◽  
Remigijus Ciegis ◽  
Egle Nakciunaitė
Author(s):  
Mark Britnell

The paradox of the global healthcare workforce is that while it has never been more abundant, it has never been scarcer relative to future patient needs. This workforce has largely been resistant to economic cycles of boom and bust, and has even flourished, relatively speaking, during recessions. But demand for health workers has surpassed our capacity to supply them and it has never been more important for governments to be progressive, agile, and courageous in tackling the looming crisis. In this chapter, Mark Britnell looks at entrepreneurial government, from under to oversupply. He shows how across the OECD, the functioning of the labour market for health workers—for good or ill—is characterized by strong government interventions affecting both supply and demand.


2005 ◽  
pp. 133-143 ◽  
Author(s):  
E. Balashova

The method of analyzing and modeling cyclical fluctuations of economy initiated by F. Kydland and E. Prescott - the 2004 Nobel Prize winners in Economics - is considered in the article. They proposed a new business cycle theory integrating the theory of long-run economic growth as well as the microeconomic theory of consumers and firms behavior. Simple version of general dynamic and stochastic macroeconomic model is described. The given approach which was formulated in their fundamental work "Time to Build and Aggregate Fluctuations" (1982) gave rise to an extensive research program and is still used as a basic instrument for investigating cyclical processes in economy nowadays.


2014 ◽  
pp. 22-39 ◽  
Author(s):  
N. Makasheva

The article considers the ways to overcome the methodological gap between the analysis of economic cycles and the pure economic theory as suggested by the Western economists in the 1920s and 1930s. In this context, N. D. Kondratiev’s project of economic dynamics is analyzed, which implied a radically different vision of the opportunities to solve this problem.


2020 ◽  
pp. 753-770
Author(s):  
Grzegorz Slusarza ◽  
Marek Cierpial-Wolan

The values of the natural environment in the subject literature are commonly indicated as an asset conducive to development shaping the competitiveness of areas with such values. The paper attempts to assess the use of endogenous potential of such areas in shaping the multifunctional, sustainable development of rural areas that have such qualities. In particular, the aim was to check to what extent the sme sector, dominating in the economic structure of rural areas, solves the key problem of labour market imbalance and population migration in environmentally valuable areas. The area of detailed research is Podkarpacie, the Polish region considered as a peripheral, border region, the least urbanized region with the highest share of areas covered by various forms of nature protection and forestation, with one of the lowest gdp per capita indicator in the country. For the purpose of implementing the research assumptions, a taxonomic unit (using the complete linkage method) consisting of powiats with the highest concentration of features characteristic for rural areas of high natural values was separated. Synthetic indicators calculated on the basis of the Hellwig taxonomic development pattern method and a positional method using Weber's median were used to assess the diversity of entrepreneurship level. The research confirmed that the non-agricultural economic activity sector is less developed in areas of high natural value. Despite positive developments in the enterprise sector, their potential is too weak an economic base for addressing unsustainable labour market problems, as evidenced by high unemployment and a high negative migration balance. This limits the use of the endogenous potential of these areas and is not conducive to the concept of multifunctional, sustainable development. Migration poses a threat to the depopulation of these areas with all the negative consequences associated with such processes. This is a challenge for the studied areas and regional policy.


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