Regional Labour Market Differences in Serbia: Assessment and Policy Recommendations
Creating effective employment policy to combat rising unemployment and widening regional labour market differences is a major task facing Serbian economic policy makers. In this paper we argue that the best results would be achieved if a differentiated approach to regional labour markets is adopted,...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Università Carlo Cattaneo LIUC
2007-09-01
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| Series: | The European Journal of Comparative Economics |
| Subjects: | |
| Online Access: | http://eaces.liuc.it/18242979200702/182429792007040207.pdf |
| _version_ | 1797648792514723840 |
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| author | Mihail Arandarenko Milena Jovicic |
| author_facet | Mihail Arandarenko Milena Jovicic |
| author_sort | Mihail Arandarenko |
| collection | DOAJ |
| description | Creating effective employment policy to combat rising unemployment and widening regional labour market differences is a major task facing Serbian economic policy makers. In this paper we argue that the best results would be achieved if a differentiated approach to regional labour markets is adopted, resulting in regionally specific employment policies. Our paper presents an original methodology which uses relevant statistical data from various sources (altogether 21 indicators) in order to create compound indices which serve as means of a comprehensive regional labour market classification. The main composite indices contain indicators standardised and grouped so that they reveal multifaceted features of the regions. The first classification distinguishes between indicators depicting regional economic situation and development prospects, and the second between those of general economic conditions, labour market situation and restructuring dynamics. Finally, we suggest a simple two-dimensional taxonomy of regions with regard to their labour market situation and prospects. While regions with positive composite indices of both situation and prospects in general do not require additional intervention, regions in other three quadrants are recommended specific policy mix of employment policy measures and active labour market programmes tailored according to their characteristics revealed by the analysis. |
| first_indexed | 2024-03-11T15:37:08Z |
| format | Article |
| id | doaj.art-4ef699fd23b74976ae821ce78e260341 |
| institution | Directory Open Access Journal |
| issn | 1824-2979 |
| language | English |
| last_indexed | 2024-03-11T15:37:08Z |
| publishDate | 2007-09-01 |
| publisher | Università Carlo Cattaneo LIUC |
| record_format | Article |
| series | The European Journal of Comparative Economics |
| spelling | doaj.art-4ef699fd23b74976ae821ce78e2603412023-10-26T14:46:56ZengUniversità Carlo Cattaneo LIUCThe European Journal of Comparative Economics1824-29792007-09-014229931718242979Regional Labour Market Differences in Serbia: Assessment and Policy RecommendationsMihail ArandarenkoMilena JovicicCreating effective employment policy to combat rising unemployment and widening regional labour market differences is a major task facing Serbian economic policy makers. In this paper we argue that the best results would be achieved if a differentiated approach to regional labour markets is adopted, resulting in regionally specific employment policies. Our paper presents an original methodology which uses relevant statistical data from various sources (altogether 21 indicators) in order to create compound indices which serve as means of a comprehensive regional labour market classification. The main composite indices contain indicators standardised and grouped so that they reveal multifaceted features of the regions. The first classification distinguishes between indicators depicting regional economic situation and development prospects, and the second between those of general economic conditions, labour market situation and restructuring dynamics. Finally, we suggest a simple two-dimensional taxonomy of regions with regard to their labour market situation and prospects. While regions with positive composite indices of both situation and prospects in general do not require additional intervention, regions in other three quadrants are recommended specific policy mix of employment policy measures and active labour market programmes tailored according to their characteristics revealed by the analysis.http://eaces.liuc.it/18242979200702/182429792007040207.pdfunemploymentemployment policyregional developmenttransitionassessment methodology |
| spellingShingle | Mihail Arandarenko Milena Jovicic Regional Labour Market Differences in Serbia: Assessment and Policy Recommendations The European Journal of Comparative Economics unemployment employment policy regional development transition assessment methodology |
| title | Regional Labour Market Differences in Serbia: Assessment and Policy Recommendations |
| title_full | Regional Labour Market Differences in Serbia: Assessment and Policy Recommendations |
| title_fullStr | Regional Labour Market Differences in Serbia: Assessment and Policy Recommendations |
| title_full_unstemmed | Regional Labour Market Differences in Serbia: Assessment and Policy Recommendations |
| title_short | Regional Labour Market Differences in Serbia: Assessment and Policy Recommendations |
| title_sort | regional labour market differences in serbia assessment and policy recommendations |
| topic | unemployment employment policy regional development transition assessment methodology |
| url | http://eaces.liuc.it/18242979200702/182429792007040207.pdf |
| work_keys_str_mv | AT mihailarandarenko regionallabourmarketdifferencesinserbiaassessmentandpolicyrecommendations AT milenajovicic regionallabourmarketdifferencesinserbiaassessmentandpolicyrecommendations |