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Determinants of Labour Market Segmentation in Transition Countries with Particular Reference to Macedonia

Determinants of Labour Market Segmentation in Transition Countries with Particular Reference to... DER DONAURAUM Jahrgang 52 ­ Heft 3-4/2012 1. Introduction The process of transition in the former socialist countries, which started at the beginning of the 90s, has had a tremendous economic, political and social impact. Transition is a multidimensional process which includes systemic change in a number of spheres in society. In the economic sphere, the transition has been characterised by a change in the ownership of capital, liberalisation of goods and capital markets, liberalisation of foreign economic relations, a radical change in the role of the state in the economy, and the creation of a less regulated labour market. In the sphere of social life, the transition has led to rising poverty and income inequality, a weakening of the middle class and the exclusion of vulnerable social groups. Politically, the transition has been accompanied by the creation of a democratic society, differentiation of power into legislative, executive and judicial branches, the creation of a pluralistic political system and the implementation of public and democratic elections (Pechijareski and Rocheska 1998). The initial transitional recession has inter alia manifested salient effects on labour market performance. Generally, the transitional reforms initially had negative effects on the labour markets, which resulted http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Der Donauraum de Gruyter

Determinants of Labour Market Segmentation in Transition Countries with Particular Reference to Macedonia

Nikoloski, Dimitar
Der Donauraum , Volume 53 – May 1, 2016
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16 pages

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Publisher
de Gruyter
Copyright
Copyright © 2016 by the
ISSN
0012-5415
eISSN
2307-289X
DOI
10.7767/dnrm-2016-3-407
Publisher site
See Article on Publisher Site

Abstract

DER DONAURAUM Jahrgang 52 ­ Heft 3-4/2012 1. Introduction The process of transition in the former socialist countries, which started at the beginning of the 90s, has had a tremendous economic, political and social impact. Transition is a multidimensional process which includes systemic change in a number of spheres in society. In the economic sphere, the transition has been characterised by a change in the ownership of capital, liberalisation of goods and capital markets, liberalisation of foreign economic relations, a radical change in the role of the state in the economy, and the creation of a less regulated labour market. In the sphere of social life, the transition has led to rising poverty and income inequality, a weakening of the middle class and the exclusion of vulnerable social groups. Politically, the transition has been accompanied by the creation of a democratic society, differentiation of power into legislative, executive and judicial branches, the creation of a pluralistic political system and the implementation of public and democratic elections (Pechijareski and Rocheska 1998). The initial transitional recession has inter alia manifested salient effects on labour market performance. Generally, the transitional reforms initially had negative effects on the labour markets, which resulted

Journal

Der Donauraum – de Gruyter

Published: May 1, 2016

References

  • N ikoloski : Labour market segmentation in the Republic of Macedonia Economics and Skopje
    March
  • Nikoloski and Stevanovska : Th e youth unemployment in Macedonia Economics and Skopje
    August