Higher Education and the Graduate Labour Market in the Western Balkans

Bartlett, Will; Uvalic, Milica

doi:10.1007/978-3-319-93665-9_4

Cited by 18 publications

(15 citation statements)

References 4 publications

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“…This removal of the communication gap dazzles investors toward a particular organization having a highly educated and skilled work force, so more opportunities are required to be furnished for a population to receive higher education. It has also been observed that, in urban areas, where universities are situated, more regional economic growth is found even at low magnitude (36, 39). In sum, there is a significant relationship among education, labor productivity, investment, and economic growth (30, 40).…”

Section: Intuition and Background Literaturementioning

confidence: 99%

Nexus Among Economic Growth, Education, Health, and Environment: Dynamic Analysis of World-Level Data

Sarwar

Alsaggaf

Ting-qiu

2019

Front. Public Health

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The aim of current study is to examine the nexus among economic growth, education, health issues, and carbon emission for the panel of 161 countries. Education and health have confirmed insignificant coefficients for economic growth and carbon emission, which mention that higher education and better health conditions are not useful for boosting economic development and for controlling environmental degradation process. Empirical estimations have reported that higher capital investment leads to increase the economic process and carbon emission. Higher educational standard and capital investment helps to control the health issues, in the long-and short-run. On contrary, higher carbon emission creates health issues. The given results can provide support to the economic, social, and environmental policy makers during policy decisions. For example, the study suggests green financing and low carbon economy concept; the government and industries have to increase the investment on modern, energy efficient, and green technologies, which are useful for economic development, as well as to control the environmental degradation process.

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Section: Intuition and Background Literaturementioning

confidence: 99%

Nexus Among Economic Growth, Education, Health, and Environment: Dynamic Analysis of World-Level Data

Sarwar

Alsaggaf

Ting-qiu

2019

Front. Public Health

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“…High youth unemployment has led to a massive brain drain, especially of the bestqualified graduates and those with specific skills. 'Brain waste' is another serious problem due to the persistence of large skill gaps, both horizontal and vertical (see Bartlett & Uvalić, 2019). The grey economy continues to contribute an important share of GDP -31% according to recent estimates -with many negative side effects.…”

Section: Serbia After the Global Crisismentioning

confidence: 99%

“…In the field of education, further reform of the higher education sector and graduate labour market is needed in order for the higher education system to better contribute to building human capital and the competitiveness and growth of Serbia's economy (Bartlett & Uvalić, 2019). It is necessary to introduce meritbased funding of public universities based on performance indicators that are no longer based solely on the number of students (to avoid excessive enrolment in 4 This is clearly far below the EU objective of 3% R&D expenditure, but is higher than in the other Western Balkan countries for which this indicator is currently available.…”

Section: Key Challenge: Accelerating Serbia's Economic Growthmentioning

confidence: 99%

“…Another serious challenge in Serbia is to implement policies to combat corruption in the entry process and awarding of degrees. In order to reduce skill mismatch, more training and obligatory work experience during studies should be provided, along with institutionalising cooperation between universities and employers (Bartlett & Uvalić, 2019).…”

Section: Key Challenge: Accelerating Serbia's Economic Growthmentioning

confidence: 99%

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The Serbian economy ten years after the global economic crisis

Uvalic

Cerovic²,

Atanasijević

2020

Ekon an

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The global financial crisis hit the Serbian economy severely in late 2008. The subsequent decade has been characterized by negative or very modest economic growth and Serbia is now just slightly above the development level of ten years ago. This paper analyses the most important economic milestones during this decade and investigates why only modest progress has been made, despite various measures implemented by the Serbian government. It examines the background to Serbia?s delayed transition and analyses the effects of the global economic crisis on the Serbian economy. It outlines the policy responses and their results, focusing on public finance, foreign trade, reindustrialisation, FDI, the labour market, and sources of growth. The paper sets out the key challenges to accelerating Serbia?s economic growth and identifies the main elements of a new long-term development strategy.

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“…As SEZ-based companies continue hiring from the available supply of skilled workers, skill shortages are emerging in some localities. The largely unreformed and unmodernised vocational education systems use outdated curricula, while higher education graduates also lack the skills needed for employment by foreign companies (Bartlett & Uvalić, 2018).…”

Section: Workforce Skillsmentioning

confidence: 99%

Attracting FDI to the Western Balkans: Special Economic Zones and Smart Specialisation Strategies

Bartlett

Krasniqi

Ahmetbašić

2019

CES

Self Cite

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This paper investigates the role of Special Economic Zones (SEZs) in the Western Balkans in supporting industrial policy for economic development.It shows that Serbia and North Macedonia have both implemented policies to establish networks of SEZs that have attracted a relatively large amount of new foreign direct investment, mainly into the motorcar and components industries. Although many jobs have been created and some improvements in export competitiveness have occurred, there is no evidence of improvements in labour productivity or widespread technology spill-over to local economies. The import intensity of production is extremely high, implying little linkage to local economies. The qualitative interviews further reveal limited linkages between SEZ-based companies and local businesses, limited technology transfer, and a lack of appropriate skills among the workforce. In particular, there is insufficient capacity in the motorcar components supply chain. The paper concludes that governments have used SEZ policies as an alternative to regional and local development policies based on smart specialisation. In order to take advantage of the opportunity offered by SEZs, governments in the region should put more effort into developing local supply chains, aligning their policies towards SEZs and smart specialisation in order to leverage the advantages of an increased inflow of direct foreign investment for sustainable economic development in the future.

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Higher Education and the Graduate Labour Market in the Western Balkans

Cited by 18 publications

References 4 publications

Nexus Among Economic Growth, Education, Health, and Environment: Dynamic Analysis of World-Level Data

Nexus Among Economic Growth, Education, Health, and Environment: Dynamic Analysis of World-Level Data

The Serbian economy ten years after the global economic crisis

Attracting FDI to the Western Balkans: Special Economic Zones and Smart Specialisation Strategies

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