EMAN 2019 – Economics & Management: How to Cope With Disrupted Times CONFERENCE PROCEEDINGS, 2019
The labour market is facing different forms of inequality and discrimination against workers on t... more The labour market is facing different forms of inequality and discrimination against workers on the basis of gender, age and health. Gender gaps are one of the most pressing challenges. Globally, women are substantially less likely than men to participate on the labour market and to find jobs. Their access to quality employment opportunities is limited. Many researches have shown that there is a significant difference between the genders, in terms of the wage levels, occupation, working hours, economic status, duration of the unemployment etc. The research hypothesis of the paper is that Republic of Macedonia has gender inequality on its labour market, seen through different position of men and women regarding their economic activity, employment and unemployment. The aim of the paper is to identify the level of gender inequality and the differences between men and women on the Macedonian labour market. The paper consists of two segments. The first is focused on the theoretical aspec...
The aim of this paper is to analyze the relationship between unemployment and foreign direct inve... more The aim of this paper is to analyze the relationship between unemployment and foreign direct investment (FDI) in the Republic of Macedonia. FDI is one of the explanatory variables, which also includes corruption, population size and inflation. Relationship assessment among variables is made by multiple linear regression analysis, using annual data for the period from 1999-2013. According to the empirical results it is concluded that FDI did not have statistically significant impact on the decrease of the unemployment. The impact of the inflation on unemployment is inverse, which means that increased inflation will reduce the unemployment in the economy. Also, reducing the corruption will contribute to the unemployment decrease as corruption had significant impact on the decrease of the unemployment.
The impact of digitalization on the labour market is very complex and is manifested in different ... more The impact of digitalization on the labour market is very complex and is manifested in different conditions for job creation and job protection, changed needs for occupations and skills, coping with skills mismatch and labour shortage etc. The aim of the research is to determine the possible implications of digitalization on the labour market in North Macedonia, by analyzing relevant labour market indicators and the results of employees’ survey based on identified hypotheses. The analysis of the labour market indicators shows that despite the positive changes, the situation on the Macedonian labour market remains unfavorable i.e. low employment rates, growing skills mismatch and labour shortages in conditions of still high unemployment. The survey results indicate that the digitalization may not cause serious job losses, but it can lead to significant shifts in the employment structure (regarding sectors, occupations, skills, nature of jobs, pressure on the lower skill levels etc.)....
This paper provides assessment of the changes in the scope and transfer of the remittances in Nor... more This paper provides assessment of the changes in the scope and transfer of the remittances in North Macedonia and Serbia, in light of changes in the emigration abroad during the COVID-19 pandemic. The analysis is based on the foreign data sources about emigration abroad, as well as annual and monthly remittance data from national banks of both countries. Emigration abroad from North Macedonia and Serbia in 2020 continued but with decreased intensity than in previous years. In 2020 compared to 2019, the transfer of remittances through official channels is almost 50% higher in North Macedonia and about 17% lower in Serbia, while in 2021 compared to 2020 it increased in both countries. It implicates significant shift from informal to formal remittance channels due to travel restrictions. The category of other current transfers related to the foreign exchange operations in 2020 compared to 2019, noticed considerable decrease in both countries (for two fifths in North Macedonia and for more than one fourth in Serbia). Their decline is particularly emphasized in July and August due to less migrants’ arrivals. In 2021, the increased number of migrants in both countries results with higher inflow of remittances in cash. Changed transfer of the remittances imply need for: Development of digital financial tools according the migrant’s needs; To stimulate the use of bank cards for remittance recipients; Improvement of communication tools to promote financial literacy and encourage the use of digital services by migrants and their families, etc. JEL Classification: F22, F24, I10, O11 Keywords: Emigration, Remittances, COVID-19, North Macedonia, Serbia
The aim of this paper is to analyse the unemployment on the basis of administrative data sources ... more 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 ...
The main aim of this paper is to identify current levels of knowledge, skills and abilities of th... more The 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.
Handbook of Research on Creating Sustainable Value in the Global Economy
This chapter considers the trend of human development in the RNM, presented through the HDI. The ... more 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 ...
The COVID-19 pandemic has caused migrant workers worldwide to face numerous and specific challeng... more 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 wellconnected by traffic, and with which migrants have wellestablished 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.
The main goal of this paper is to identify the challenges of the sustainable demographic developm... more The main goal of this paper is to identify the challenges of the sustainable demographic development in terms of the changes and current demographic situation in the Western Balkan countries, as well as to detect the importance of comprehensive and consistent population policies. The analysis is based on the relevant indicators for demographic changes identified in the Sustainable Development Strategy of the EU. The comparative analysis is made for the following countries: Albania, Bosnia and Herzegovina, Croatia, Montenegro, Republic of Macedonia and Serbia. The available data from the Eurostat statistics and other relevant data sources for the last decade are used. Also, relevant studies considering the demographic development and adopted population policies are observed. The added value of this research is in the comparison of the demographic indicators and recognizing their importance for the sustainable demographic development of this region as one of the key preconditions for ...
EMAN 2019 – Economics & Management: How to Cope With Disrupted Times CONFERENCE PROCEEDINGS, 2019
The labour market is facing different forms of inequality and discrimination against workers on t... more The labour market is facing different forms of inequality and discrimination against workers on the basis of gender, age and health. Gender gaps are one of the most pressing challenges. Globally, women are substantially less likely than men to participate on the labour market and to find jobs. Their access to quality employment opportunities is limited. Many researches have shown that there is a significant difference between the genders, in terms of the wage levels, occupation, working hours, economic status, duration of the unemployment etc. The research hypothesis of the paper is that Republic of Macedonia has gender inequality on its labour market, seen through different position of men and women regarding their economic activity, employment and unemployment. The aim of the paper is to identify the level of gender inequality and the differences between men and women on the Macedonian labour market. The paper consists of two segments. The first is focused on the theoretical aspec...
The aim of this paper is to analyze the relationship between unemployment and foreign direct inve... more The aim of this paper is to analyze the relationship between unemployment and foreign direct investment (FDI) in the Republic of Macedonia. FDI is one of the explanatory variables, which also includes corruption, population size and inflation. Relationship assessment among variables is made by multiple linear regression analysis, using annual data for the period from 1999-2013. According to the empirical results it is concluded that FDI did not have statistically significant impact on the decrease of the unemployment. The impact of the inflation on unemployment is inverse, which means that increased inflation will reduce the unemployment in the economy. Also, reducing the corruption will contribute to the unemployment decrease as corruption had significant impact on the decrease of the unemployment.
The impact of digitalization on the labour market is very complex and is manifested in different ... more The impact of digitalization on the labour market is very complex and is manifested in different conditions for job creation and job protection, changed needs for occupations and skills, coping with skills mismatch and labour shortage etc. The aim of the research is to determine the possible implications of digitalization on the labour market in North Macedonia, by analyzing relevant labour market indicators and the results of employees’ survey based on identified hypotheses. The analysis of the labour market indicators shows that despite the positive changes, the situation on the Macedonian labour market remains unfavorable i.e. low employment rates, growing skills mismatch and labour shortages in conditions of still high unemployment. The survey results indicate that the digitalization may not cause serious job losses, but it can lead to significant shifts in the employment structure (regarding sectors, occupations, skills, nature of jobs, pressure on the lower skill levels etc.)....
This paper provides assessment of the changes in the scope and transfer of the remittances in Nor... more This paper provides assessment of the changes in the scope and transfer of the remittances in North Macedonia and Serbia, in light of changes in the emigration abroad during the COVID-19 pandemic. The analysis is based on the foreign data sources about emigration abroad, as well as annual and monthly remittance data from national banks of both countries. Emigration abroad from North Macedonia and Serbia in 2020 continued but with decreased intensity than in previous years. In 2020 compared to 2019, the transfer of remittances through official channels is almost 50% higher in North Macedonia and about 17% lower in Serbia, while in 2021 compared to 2020 it increased in both countries. It implicates significant shift from informal to formal remittance channels due to travel restrictions. The category of other current transfers related to the foreign exchange operations in 2020 compared to 2019, noticed considerable decrease in both countries (for two fifths in North Macedonia and for more than one fourth in Serbia). Their decline is particularly emphasized in July and August due to less migrants’ arrivals. In 2021, the increased number of migrants in both countries results with higher inflow of remittances in cash. Changed transfer of the remittances imply need for: Development of digital financial tools according the migrant’s needs; To stimulate the use of bank cards for remittance recipients; Improvement of communication tools to promote financial literacy and encourage the use of digital services by migrants and their families, etc. JEL Classification: F22, F24, I10, O11 Keywords: Emigration, Remittances, COVID-19, North Macedonia, Serbia
The aim of this paper is to analyse the unemployment on the basis of administrative data sources ... more 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 ...
The main aim of this paper is to identify current levels of knowledge, skills and abilities of th... more The 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.
Handbook of Research on Creating Sustainable Value in the Global Economy
This chapter considers the trend of human development in the RNM, presented through the HDI. The ... more 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 ...
The COVID-19 pandemic has caused migrant workers worldwide to face numerous and specific challeng... more 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 wellconnected by traffic, and with which migrants have wellestablished 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.
The main goal of this paper is to identify the challenges of the sustainable demographic developm... more The main goal of this paper is to identify the challenges of the sustainable demographic development in terms of the changes and current demographic situation in the Western Balkan countries, as well as to detect the importance of comprehensive and consistent population policies. The analysis is based on the relevant indicators for demographic changes identified in the Sustainable Development Strategy of the EU. The comparative analysis is made for the following countries: Albania, Bosnia and Herzegovina, Croatia, Montenegro, Republic of Macedonia and Serbia. The available data from the Eurostat statistics and other relevant data sources for the last decade are used. Also, relevant studies considering the demographic development and adopted population policies are observed. The added value of this research is in the comparison of the demographic indicators and recognizing their importance for the sustainable demographic development of this region as one of the key preconditions for ...
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Papers by Aleksandra Lozanoska