LABOUR MARKET FLEXIBILITY AND DECENT WORK – THE CASE OF THE REPUBLIC OF NORTH MACEDONIA
Date Issued
2019
Author(s)
DOI
doi.org/10.31410/ERAZ.BoA.2019
Abstract
Labour market flexibility refers to the ability of labour markets to adjust
to changes in market conditions, including changes in the demand for labour and
the wage rate. In the modern development strategies for sustainable growth and
development, labour market flexibility is considered as a key source for employment
creation, and in that context, the final goal of the governments’ labour policies is
achieving a productive employment and decent work. Decent work covers the desires
of people for opportunities for work that is productive and delivers a fair income,
security in the workplace and social protection, better prospects for personal
development and social integration, and freedom of association and active participation
in the process of negotiation and social dialogue. After the economic crisis of
2008, there has been an increased willingness among international policy-makers
to achieve sustainable, inclusive economic growth and eliminate poverty through
the creation of productive employment and decent work.
The focus of this research paper is the analysis of the flexibility of labour market
in our country from the several different dimensions of flexibility (employment protection,
wage flexibility, functional flexibility and supply side flexibility) and whether
the government’s labour policies adequately addressed the issues regarding of
achieving decent work during the period 2006-2017. For that purposes it will be
performed a multivariate regression analysis by using the OLS method. As a main
source of data, it will be used the labour statistics of: ILO, Eurostat, World Bank,
OECD, SEE Jobs Gateway Database and the State Statistical Office of Republic of
North Macedonia. The findings of this research should reveal the main problems of
labour market (in)flexibility in our country, and point out the main challenges that
the policy-makers should consider as a priority in order to overcome the high rates
of unemployment and to deliver quality jobs along with social protection and better
prospects for personal development and social integration
to changes in market conditions, including changes in the demand for labour and
the wage rate. In the modern development strategies for sustainable growth and
development, labour market flexibility is considered as a key source for employment
creation, and in that context, the final goal of the governments’ labour policies is
achieving a productive employment and decent work. Decent work covers the desires
of people for opportunities for work that is productive and delivers a fair income,
security in the workplace and social protection, better prospects for personal
development and social integration, and freedom of association and active participation
in the process of negotiation and social dialogue. After the economic crisis of
2008, there has been an increased willingness among international policy-makers
to achieve sustainable, inclusive economic growth and eliminate poverty through
the creation of productive employment and decent work.
The focus of this research paper is the analysis of the flexibility of labour market
in our country from the several different dimensions of flexibility (employment protection,
wage flexibility, functional flexibility and supply side flexibility) and whether
the government’s labour policies adequately addressed the issues regarding of
achieving decent work during the period 2006-2017. For that purposes it will be
performed a multivariate regression analysis by using the OLS method. As a main
source of data, it will be used the labour statistics of: ILO, Eurostat, World Bank,
OECD, SEE Jobs Gateway Database and the State Statistical Office of Republic of
North Macedonia. The findings of this research should reveal the main problems of
labour market (in)flexibility in our country, and point out the main challenges that
the policy-makers should consider as a priority in order to overcome the high rates
of unemployment and to deliver quality jobs along with social protection and better
prospects for personal development and social integration
Subjects
File(s)![Thumbnail Image]()
Loading...
Name
ERAZ_BoA--WEB.pdf
Size
3.92 MB
Format
Adobe PDF
Checksum
(MD5):f5a94eb051901b60f9f6c5fe9e63482d