Lozanoska, Aleksandra
Preferred name
Lozanoska, Aleksandra
Official Name
Lozanoska, Aleksandra
Main Affiliation
Email
sandra@ek-inst.ukim.edu.mk
27 results
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Item type:Publication, Unemployment and a Stock – Flow Model on the Labour Market in the Republic of Macedonia(Economic Research Institute at the Bulgarian Academy of Sciences, 2017); ; ; The aim of this paper is to analyse the unemployment on the basis of administrative data sources and application of the stock-flow model. The intention is to recognize the changes and features of the unemployment regarding stocks and flows of the main segments on the labour market: employed, unemployed and inactive population in the Republic of Macedonia. Main reasons for the implementation of stock – flow model for determining the level of unemployment in Macedonia are following: a) Labour Force Survey (LFS) used by State Statistical Office (SSO) is based on the Census from 2002, therefore the sample used for calculating the level of unemployment is inadequate; and b) contrary to any economic logic, during the great global economic crisis and in the period after the crisis, the unemployment in Macedonia permanently decreased in conditions when the economy registered negative rates of economic growth and decline in industrial production over a longer period of time. The application of the stock – flow model, for the period 2008-2014 shows that the unemployment has not been reduced, i.e. the unemployment rate have stagnated or even increased. This is contrary to the trend of unemployment changes according to LFS of SSO. Thus, in 2014 the unemployment rate is higher than in the previous years by both alternatives in the calculations. According to our findings, the application of stock-flow model gives more realistic explanation of the changes and current situation on the Macedonian labour market, than the statistical data from the LFS of SSO in Macedonia. Our analysis shows that in a country with high and long-term unemployment, where the phenomenon of discouraged workers is expressed, and there has not been made a Census of the population for a longer period of time, accompanied by major demographic changes such as: an aging population and massive emigration from the country, the implementation of stock – flow model has significant analytical value in determining the unemployment and its analysis. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Growth accounting in the Republic of North Macedonia(Institute of Economics - Skopje, 2019-12) ;Djambaska, ElizabetaGrowth accounting approach method is a useful technic which estimates the relative contribution of the factors of production to the economic growth rate and allow us to identify the current growth pattern. In this paper the focus is on the economic growth in the Republic of North Macedonia and the determination of the source of growth in the past two decades. The decomposition of the three basic factors labour, capital and productivity is calculated according to the Cobb-Douglas production function. The calculations are made for the whole 20 years period, first 1997 – 2017 and also for the group of five years period (1997-2001, 2001-2005, 2005-2009, 2009-2013 and 2013-2017). The results from the growth accounting in the Republic of North Macedonia shows that average growth rate in the past 20 years is 1.34%. Average growth rate of physical capital is 4.24% and of the labour is 1.28%. Contributions of physical capital to the growth rate in the Republic of North Macedonia is 1.40 percent points. Labour contribution is 0.86 percent points. The total factor productivity contributions to the average growth rate is negative -0.92 percentage points. The results of the calculations for the five years period confirm the low average rate of growth, and similar growth pattern of the average growth rate of capital and labour. The most concerning is the low and negative total factor productivity. This lead to the conclusions that economic growth in the Republic of North Macedonia is due to intensification of the labour. Hence, the growth is unsustainable in the long ran. Unsustainability of growth arise due to the low productivity of the production factors and the increased public debt which was made for financing the evidently low growth rate in the past. Recommendations are to focus on the investment in the physical capital, education, research and development, which will rise the quality of human capital and will increase total factor productivity. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Identifying employee skills in SMEs in the Republic of North Macedonia(EMAN 2020, 2020-09-03); ;Piperkova, IrinaDjambaska, ElizabetaThe main aim of this paper is to identify current levels of knowledge, skills and abilities of the SMEs’ employees in North Macedonia, vis-à-vis firms’ needs for knowledge and skills. This paper analyzes the current levels of employee job-specific, soft, digital and entrepreneurial skills on a sample of firms in North Macedonia. For the purposes of this research, the employees were classified in three categories: core employees, supporting employees and managers. The results of the research show that the main challenge regarding the soft skills refers to solving complex problems, capacity for job analysis and initiative. Adapting to new technologies is found to be the weakest aspect of digital skill among employees. Entrepreneurial skills related to risk taking, capacity to generate new ideas, creativity and innovation as well as flexibility at work are also considered to be a challenge. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, How is COVID-19 reshaping temporary and circular labour migration: Serbia and North Macedonia perspectives(Forum geografic. Studii și cercetări de geografie și protecția mediului, 2021-06) ;Lukic, Vesna ;Predojevic Despic, Jelena; The COVID-19 pandemic has caused migrant workers worldwide to face numerous and specific challenges. This study aims to determine how the COVID-19 pandemic and its societal impact have influenced temporary and circular migrants from Serbia and North Macedonia. Semi-structured in-depth interviews were conducted with 50 participants to gain a deeper understanding of their challenges and migration practices. Temporary circular labour migration from Serbia and North Macedonia are most intensive towards EU countries, which are geographically close and well-connected by traffic, and with which migrants have well-established migration ties. The results show that after the outbreak of the pandemic, respondents faced termination of employment contracts, reduced working hours and earnings. Most of the respondents returned and only a few found formal employment in the country of origin. Job-related impacts of COVID-19 on respondents are determined by temporary residence, a form of employment and the employment sector. Temporary and circular migrant workers from Serbia and North Macedonia involved in the essential sectors in EU countries are less likely to be severely affected by the economic impact of the COVID-19 pandemic. The results suggest that temporary and circular migration schemes should be improved after the pandemic, in a way that is sustainable even in times of sudden changes. In that regard, in addition to considering the needs of the labour markets of countries of origin and destination, the needs and the rights of migrants, should be prioritized in common solutions. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Barriers to employee skills development: Comparative analysis of firms in North Macedonia(Institute of Economics - Skopje, 2021-12) ;Piperkova, Irina; Djambaska, ElizabetaThe 21st century race for talents has positioned skills development and utilization as one of businesses’ primary concerns. Indeed, firms’ sustainability in today’s turbulent and competitive environment depends, among other, on the skillsets of their employees. Businesses face various obstacles in their quest for acquiring and developing adequate employee skills. The main aim of this paper is to present key obstacles to developing employee skills in firms in North Macedonia, based on organizational size and business activity. An insight into the barriers to employee skills development would help firms implement corrective measures to achieve appropriate employee skill development and utilization. Lack of applicants’ adequate skills in the recruitment process, lack of employees’ motivation to upgrade their skills and insufficient employee training are perceived as one of the most significant barriers to employee skills development. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Capital market and the determinants of development in the Republic of Macedonia(Economic Development, Journal of the Institute of Economics – Skopje, 2017-02) ;Djambaska, Elizabeta; This paper considers the capital market in the Republic of Macedonia. The analysis identifies and explains whether capital market development is influenced by economic growth. The focus of the paper is to determine the effects of different factors on the capital market development in the Republic of Macedonia. For these purpose a multivariate linear regression is conducted using the data from 1997-2013. The analysis indicates that the capital market in the Republic of Macedonia is small and underdeveloped. Therefore the economic growth factors taken into consideration for the research have not shown considerable impact on the capital market due to its underdevelopment. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Quality of education - the core value of human capital(Institute of Economics - Skopje, 2022-04) ;Piperkova, Irina; Djambaska, ElizabetaEducation is the major building block of human capital. The purpose of this article is to investigate the level of quality in secondary education and analyze educational attainment trends in North Macedonia. The research focuses on Eurostat statistical data of the educational attainment level of the population in North Macedonia vis-a-vis EU average. Eurostat data on employment based on educational attainment level of the population present an overview of the importance of education for employment opportunities and economic prosperity of individuals. The paper also analyzes the quality of education in North Macedonia, using an online survey among high school students to assess their perception on the level of quality of education. Survey findings reveal significant weaknesses in the quality of education in North Macedonia, among which the most alarming is that students do not perceive causality between education and future benefits in life. Without focusing on improving quality of education, especially in terms of greater focus on applied knowledge and lifelong learning, the country cannot expect that education can be a driver of human capital, productivity and economic growth. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Importance of the agricultural sector for the economic development of the Republic of North Macedonia(Institute of Economics-Skopje, University "Ss. Cyril and Methodius", Republic of North Macedonia, 2019-07-03) ;Djambaska, ElizabetaThis paper analyse the role and importance of the agricultural sector for the economic development of the Republic of North Macedonia. The focus of the research is on the indicators that present the agricultural sector as real GDP and gross added value in the agricultural sector in the Republic of North Macedonia, for the period from 2000 to 2016. General conclusion is that GDP growth in the Republic of North Macedonia in the analysed period arise from the household production and gross investment. Also, agriculture is one of the four dominant sectors beside trade, industry and construction that contribute to economic growth in the Republic of North Macedonia. The share of the agriculture, forestry and fishing sector in the real GDP in the Republic of North Macedonia is around 13%. The largest contribution from agriculture to the GDP of the Republic of North Macedonia arise from the Southeast, Pelagonia and Polog region. Therefore, measures and activities for stimulating economic growth should mostly be directed towards these regions. The relative share of the gross value added of agricultural production in the Republic of North Macedonia is around 10% of GDP and it considered to be important sector for economic development. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Quality of Life in the Republic of North Macedonia Seen Through the Human Development Indicators(IGI Global, 2020) ;Djambaska, Elizabeta; <jats:p>This chapter considers the trend of human development in the RNM, presented through the HDI. The special focus would be the links with the problem of poverty and inequality in the economy, regarding the data for the GINI, IHDI, GDI, poverty line, MPI, vulnerable employment, and youth unemployment. The research subject is the period from 2010 to 2017, using the secondary statistical data. Comparative analysis, with the countries from the CESEE countries, further improve the quality of the chapter. The RNM is a country with a high level of human development, and it is relatively equally distributed among the population. There is a difference in the distribution of the achievements of HD and an intermediate level of equality in the distribution between the genders. Income inequality expressed with the GINI index shows increase. The results confirm that there is no automatic link between the economic growth and human development. Income and gender inequality regress the quality of life in Macedonia. Growth in RNM in the past period has failed to produce the expected positive effects. </jats:p> - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Determinants of employee skills’ level and utilization in SMEs in the Republic of North Macedonia(Cambridge Scholars Publishing, 2021) ;Piperkova, Irina; Recent research shows that continuous skill upgrading is paramount to achieving competitiveness and sustainability for individuals in the labour market and firms. Due to the dynamic business changes, firms expect higher levels of creativity, innovation, and initiative from their employees, hence ensure that they possess cutting-edge knowledge, skills, and abilities. Nevertheless, firms cannot capitalize solely on employees’ skills i.e., the full utilization of employees’ skills is necessary to achieve competitiveness. Thus, the determinants that influence the level and utilization of employee skills are crucial for firms as well. In this paper, the recruitment process and training are recognized as factors that affect skill level whereas the methods of motivation determine skill utilization. The results of the empirical analysis on a sample of SMEs in the Republic of North Macedonia indicate that the challenges firms face during the process of recruitment pertain to the lack of applicants’ skills and the small number of applicants. Also, almost 60% of the firms either announce only primary vacancy requirements or, although thoroughly defined, do not include the requirements in the vacancy announcement. As for the upgrading of skills, about 50% of the firms had organized one to three training sessions in the last three years, mainly pertaining to the improvement of job-specific skills of primary employees. Almost one-fifth of firms had not organized any training. The motivation methods are highly important not only to boost employees’ willingness to upgrade their skills but also to fully utilize them in their working activities. The findings indicate that more than half of the firms motivate their employees by providing bonuses and rewards, and by taking employees’ opinion into account. An additional motivating factor refers to employee participation; in particular, including employees in the process of new product/service development.
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