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Regulacja rynku pracy w poszczególnych krajach w świetle praktycznej interpretacji teorii keynesa i friedmana
Języki publikacji
Abstrakty
The study intends to analyse the realities of labour market regulation in the transition economies of Eastern Europe, the Caucasus, and Central Asia using Keynesian theory and the monetary approach. The research methods included the identification of key indicators of economic activity within the context of macroeconomic development features and comparative analysis of statistical data on economic performance and labour market development based on international databases for countries in the region. Keynesian theory and the monetary approach were incorporated into the study design to discover and reevaluate labour vulnerabilities concerning objective economic impact possibilities. The novelty of the study lies in the determination of a model of government intervention that is more adequate for the development of the labour market and human capital based on the policy experience of the countries of the EECCA region as transition economies. The result of these studies is an assessment of the economic results and state of the labour market of the countries of the region. This assessment is based on international statistical data. It suggests that the optimal model is a policy distant from the extremes of high or minimal government intervention. Additionally, the use of a high degree of financial openness of the economy in the short term is recommended as an incentive for investment and market development, labour, and its integration into the global division of labour. This would offer a thorough examination of the overall economic interactions in the employment sector in light of the country’s national features.
Badanie ma na celu analizę rzeczywistości regulacji rynku pracy w gospodarkach przejściowych Europy Wschodniej, Kaukazu i Azji Środkowej z wykorzystaniem teorii keynesowskiej i podejścia monetarnego. Metody badawcze obejmowały identyfikację kluczowych wskaźników aktywności gospodarczej w kontekście cech rozwoju makroekonomicznego oraz analizę porównawczą danych statystycznych dotyczących wyników ekonomicznych i rozwoju rynku pracy na podstawie międzynarodowych baz danych dla krajów regionu. Teoria keynesowska i podejście monetarne zostały włączone do projektu badania w celu odkrycia i ponownego ocenienia wrażliwości rynku pracy w odniesieniu do obiektywnych możliwości wpływu ekonomicznego. Nowością badania jest określenie modelu interwencji rządowej, który jest bardziej adekwatny dla rozwoju rynku pracy i kapitału ludzkiego, oparty na doświadczeniach politycznych krajów regionu EECCA jako gospodarek przejściowych. Wyniki tych badań to ocena wyników gospodarczych i stanu rynku pracy krajów regionu. Ocena ta opiera się na międzynarodowych danych statystycznych i sugeruje, że optymalny model to polityka oddalona od skrajności wysokiej lub minimalnej interwencji rządowej. Dodatkowo zaleca się stosowanie wysokiego stopnia otwartości finansowej gospodarki w krótkim okresie jako bodźca do inwestycji i rozwoju rynku pracy oraz jego integracji z globalnym podziałem pracy. To pozwoli na dogłębną analizę ogólnych interakcji gospodarczych w sektorze zatrudnienia w świetle cech narodowych danego kraju.
Czasopismo
Rocznik
Tom
Strony
24--42
Opis fizyczny
Bibliogr. 45 poz., rys, tab.
Twórcy
autor
- Department of Business Management, Azerbaijan State University of Economics (UNEC), Baku, Azerbaijan
autor
- Department of Business Management, Azerbaijan State University of Economics (UNEC), Baku, Azerbaijan
autor
- Department of Mathematics and Statistics, Azerbaijan State University of Economics (UNEC), Baku, Azerbaijan
autor
- Department of Economics and Technological Sciences, Scientific Research Institute of Economic Investigation under Azerbaijan State University of Economics (UNEC), Baku, Azerbaijan
Bibliografia
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- 3. Akaev, А. А., Sadovnichiy, V. A., (2021). Revisited economic theory or how to describe the processes of disequilibrium and instability of modern economic systems. In T. Devezas, J. Leitão, & A. Sarygulov (Eds.). The Economics of Digital Transformation: Approaching Non-stable and Uncertain Digitalized Production Systems (pp. 25-43).
- 4. Aliyev, K., (2022). Well-being costs of perceived job insecurity: Mediating role of financial satisfaction, subjective healthiness and institutional trust. Journal of International Studies, 15(2), 140-156.
- 5. Alomari, M. W., Hailat, M., Alyousef, A. M. and Alghazali, A., (2024). Do financial markets in developed countries continue benefiting from economic openness? An evidence from G10 Group. Montenegrin Journal of Economics, 20(1), 155-164.
- 6. Armantier, O., Kosar, G., Pomerantz, R., Skandalis, D., Smith, K., Topa, G. and van der Klaauw, W., (2021). How economic crises affect inflation beliefs: Evidence from the Covid-19 pandemic. Journal of Economic Behavior & Organization, Elsevier, 189(C), 443-469.
- 7. Barua, A., (2022). The labour market is recovering but unevenly so. Deloitte Insights.
- 8. Bergman, N., Matsa, D. and Weber, M., (2022). Inclusive monetary policy: How tight labor markets facilitate broad-based employment growth. Working paper No. 2022-03. Becker Friedman Institute.
- 9. Betcherman, G., (2022). Designing labour market regulations in developing countries. University of Ottawa, Canada, and IZA, Germany.
- 10. Birinci, S., Karahan, F., Mercan, Y. and See, K., (2022). Labor market shocks and monetary policy. Federal Reserve Bank of St. Louis Working Paper.
- 11. Burya, A., Mano, R., Timmer, Y. and Weber, A., (2022). Monetary policy under labor market power. International Monetary Fund.
- 12. Campolmi, A., Gnocchi, S., (2016). Labour market participation, unemployment and monetary policy. Journal of Monetary Economics, 79, 17-29.
- 13. Caneecca., (2022). Press release: Consumption and damages of EECCA countries are rising due to military action in the region. Climate Action Network International Eastern Europe, Caucasus and Central Asia.
- 14. Carmody, R., (2020). Labor market. In International encyclopedia of human geography (second edition) (pp. 65-70). Elsevier.
- 15. Cazes, S., Verick, S., (2013). Labour market regulations for development: Enhancing institutions and policies in emerging economies. In The labour markets of emerging economies (pp. 63–105). Palgrave Macmillan.
- 16. Celasun, O., Hansen, N., Mineshima, A., Spector, M. and Zhou, J., (2022). Supply bottlenecks: Where, why, how much, and what next? International Monetary Fund.
- 17. Hamadamin, H. H., Atan, T., (2019). The Impact of Strategic Human Resource Management Practices on Competitive Advantage Sustainability: The Mediation of Human Capital Development and Employee Commitment. Sustainability, 11(20), 5782.
- 18. ILO., (2022). Global employment trends for youth 2022: Europe and Central Asia. ILO.
- 19. ILOSTAT., (2022a). Data country profiles - Armenia, Azerbaijan, Russian Federation, Tajikistan, Kyrgyz Republic, Ukraine. ILOSTAT.
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- 21. Karagezova, N., (2018). Analysis of the dynamics of consumer price index, poverty and settlement in Azerbaijan. Journal of International Economic Relations, 8(2), 233–246.
- 22. Kenton, W., (2022). Labour market explained: Theories and who is included. Investopedia.
- 23. Lane, P., (2022). Bottlenecks and monetary policy. European Central Bank.
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- 25. Liotti, G., (2022). Labour market regulation and youth unemployment in the EU-28. Italian Economic Journal, 8, 77-103.
- 26. Lioudis, N., (2022). Keynesian economics vs. monetarism: What's the difference? Investopedia.
- 27. Mansoor, A., Hussain, S., Rais, S., Bashir, M., Tariq, Y. and Kausar, M., (2021). The dynamics of monetarists versus Keynesians perspectives and their role in economic growth of Pakistan. Journal of Asian Finance, Economics and Business, 9(2), 61-69.
- 28. Marek, D., Patrik, R., Veronika, G. and Marina, F., (2020). Economic impacts of Covid-19 on the labor market and human capital. Terra Economicus, 18(4), 78-96.
- 29. Marginson, S., (2019). Limitations of Human Capital Theory. Studies in Higher Education, 44(2), 287-301.
- 30. Mishchuk, H., Bilan, Y., Androniceanu, A. and Krol, V., (2023). Social capital: Evaluating its roles in competitiveness and ensuring human development. Journal of Competitiveness, 15(2), 1-17.
- 31. Moldicz, S., (2021). Hungary social briefing: Labour market in 2021. China-CEE Institute, 46(3), 1-5.
- 32. Mourão, P. J. R. Popescu, I. A., (2023). Investment, growth and competitiveness: The multiplier-accelerator in the 21st century. Journal of Competitiveness, 15(3), 60-78.
- 33. OPHI., (2021). Global Multidimensional Poverty Index / 2021. Oxford Poverty and Human Development Initiative.
- 34. Our World in Data., (2022). Coronavirus (COVID-19) vaccinations. Our World in Data.
- 35. Paley, T., (2019). Unemployment and growth: Putting unemployment into post Keynesian growth theory. Review of Political Economy, 31(2), 194-215.
- 36. Papp, I. C., Bilan, S. and Dajnoki, K., (2019). Globalization of the labour market--Circular migration in Hungary. Journal of International Studies (2071-8330), 12(2), 182-200.
- 37. Rada, C., Tavani, D., von Arnim, R. and Zamparelli, L., (2023). Classical and Keynesian models of inequality and stagnation. Journal of Economic Behavior & Organization, 211, 442-461.
- 38. Ryder, G., (2022). World employment and social outlook: Trends 2022. International Labour Office.
- 39. Simonova, M. D., (2022). Digitalization of economy: From neo-Keynesianism to blockchain in health care. Springer.
- 40. Steiner, A., (2021). United Nations development programme. Annual report. UND.
- 41. Stockhammer, E., (2023). Macroeconomic ingredients for a growth model analysis for peripheral economies: A post-Keynesian-structuralist approach. New Political Economy, 28(4), 628-645.
- 42. Sumner, S., (2022). Whither monetarism? Economic Affairs, 42(2), 275-287.
- 43. United Nations., (2022). World economic situation and prospects. Global Economic Outlook.
- 44. Vinokurov, E., Balas, P., Emerson, M., Havlik, P., Pereboev, V., Rovenskaya, E., Stepanova, A., Kofner, J. and Kabat, P., (2016). Labour market and migration across the Eurasian continent. In Challenges and opportunities of economic integration within a wider European and Eurasian Space, 13-14 April, 2016 (pp. 1-25). IIASA.
- 45. World Bank., (2022). Broad money (% of GDP) - Armenia, Azerbaijan, Russian Federation, Tajikistan, Kyrgyz Republic, Ukraine. World Bank.
Uwagi
Opracowanie rekordu ze środków MNiSW, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2024).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-86479fc8-928a-4269-b6e2-ce90211036c1