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Relationship Between Inflation And Unemployment: The Case Study Of Former Yugoslav Countries, Florin Aliu, Albulena Jahja, Ermal Lubishtani
Relationship Between Inflation And Unemployment: The Case Study Of Former Yugoslav Countries, Florin Aliu, Albulena Jahja, Ermal Lubishtani
UBT International Conference
Unemployment remains a constant concern for national governments and often causes social unrest. This study addresses the relationship between inflation and unemployment known as Phillips Curve, for the seven countries that emerged from former Yugoslavia. This phenomenon is investigated with annual data covering the period from 2003 to 2020. According to the OLS outcomes, there is a negative tradeoff within unemployment and inflation for Slovenia, Croatia, and Montenegro, which stands in line with the Phillips curve paradigm. In the case of Kosovo, North Macedonia, Serbia, and Bosnia, OLS findings indicate a positive relationship between inflation and unemployment. VAR results show …
Phillips Curve In Self-Management Socialism Of Yugoslavia, Florin Aliu, Isa Mulaj, Ruzhdi Matoshi
Phillips Curve In Self-Management Socialism Of Yugoslavia, Florin Aliu, Isa Mulaj, Ruzhdi Matoshi
UBT International Conference
Inflation and unemployment were two of the main issues that plagued the Socialist Federal Republic of Yugoslavia (SFRY) from 1965 to her disintegration. Economic history has taught us that uncontrolled inflation is a characteristic of the countries with a lack of democracy, but SFRY was more economically liberal and decentralized than any other communist country. Using the World Bank annual data from 1965 to 1990 for unemployment and inflation, the OLS (Ordinary Least Squares) findings demonstrate that unemployment is significant and positively affects the inflation rate, which stands against the theoretical paradigms known as the Phillips curve. The impulse response …
Macroeconomic Stability Objectives, Hasan Metin, Iliriana Berisha, Lirim Lani
Macroeconomic Stability Objectives, Hasan Metin, Iliriana Berisha, Lirim Lani
UBT International Conference
Macroeconomic stability was and is one of the most important pillars of every country that seeks empowerment such as investments, increasing efficiency, utilizing natural resources, honing human capital etc. one of the main points that helps the economy and its stable growth is the people themselves, especially that of the work force also knowns as Human Capital. This research paper conducted by the above mentioned actors, targets the issue of this very first pillar of the MSO, elaborating the Kosovo Human Capital (workforce), along with the workforce of other countries located within the Western Balkans: Albania, Macedonia, Bosnia and Herzegovina, …
Pandemic And Economic Crisis In Society, Plamen Iliev
Pandemic And Economic Crisis In Society, Plamen Iliev
UBT International Conference
We still don't know how badly the current crisis will hit the economy. But despite or precisely because of the looming severe recession and economic crisis, fragmented and divided societies until yesterday can heal thanks to a hitherto unexpected injection - solidarity. The global scale of the health crisis and its economic epicenter in EU and euro area countries is creating additional external pressure on disrupted global supply chains. Economic uncertainty caused by the uncertainties surrounding the development and duration of the pandemic and rising unemployment are prerequisites for shrinking domestic consumption, mainly to basic necessities, which is reflected in …
Strategic Management Of The Labor Market In The Republic Of Macedonia, Sejdi Xhemaili, Nehat Ramadini
Strategic Management Of The Labor Market In The Republic Of Macedonia, Sejdi Xhemaili, Nehat Ramadini
UBT International Conference
The problems in the labor market include employment, unemployment, percentage of coverage and salary. Employment, that is, the level of unemployment emerges as a major problem in the Republic of Macedonia as well as elsewhere in the region (including also Slovenia, Albania and Kosovo). The reason for the existence of such problems in the area of the labor market is the global economic crisis. In order to mitigate the consequences of this strategic management of human resources or the unemployed work force on market, strengthening the employees with upgrading skills should apply. In this paper few examples of strategic management …