THE IMPACT OF ECONOMIC CRISES ON LABOR MARKET BEHAVIOUR IN THE REPUBLIC OF MOLDOVA: A COMPARATIVE ANALYSIS |
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Author |
Birca A. P., Doctor habilitatum in Economics, Professor, Strada Mitropolit Gavriil Bănulescu-Bodoni 61, Chișinău 2005, Молдова |
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In heading |
Economic theory; | ||||
Signed print |
24.09.2021 | Issues number |
2021-№3 (46) | Page |
8-21 |
Type of articles |
Scientific article | Code UDK |
33.05-044.372:331.5(478) | ISSN print |
2411-5584 |
Abstract |
The current approach treats the impact of economic crises on labour market behaviour in the Republic of Moldova. In this endeavour, negative effects of the economic crises from 2008 and 2020, caused by the Covid-19 pandemic which still continues to impact the economic development and the evolution of the labour market were analysed. In this context, the main economic indicators (GDP, the volume of industrial production, the volume of agricultural production, etc.) were considered, and more particularly their evolution during the pre and post crisis period. Furthermore, a series of indicators related to the labour market, as well as their manifestation during the economic crisis were examined. This allowed us to ascertain some distinctions regarding the indicators characterizing the labour market. Taking into account that the economic crisis from 2020, caused by the Covid-19 pandemic has specific features, we were able to highlight certain aspects concerning the content and organization of the labour market. |
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Keywords |
economic crisis, labour market, macroeconomic indicators, rate of employment, rate of unemployment, employed population. | ||||
Reviewer |
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External reviewer |
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Article in PDF |
8-21 | ||||
Bibliography |
Birca, A. (2019). Labour market in the Republic of Moldova: reality and challenges.Theoretical and Applied Economics. Bucharest: Romania, Special Issue, vol. XXVI, 253–264. Benach, J., and others. (2014). Precarious employment: understanding an emerging social determinant of health. Annual Review of Public Health, 35, 229–253. DOI: https://doi.org/10.1146/ annurev-publhealth-032013-182500. European Commission (2009). The Employment Crisis, Trends, Policy Responses And Key Actions: European Commission Background Paper to the EPSCO Council. Brussels: European Commission. European Commission (2010). Employment in Europe 2010. Luxembourg: Publications Office. Heyes, J. (2013). Flexicurity in crisis: European labour market policies in a time of austerity. European Journal of Industrial Relations, 19 (1), 71–86. Liotti, G. (2020). Labour market flexibility, economic crisis and youth unemployment in Italy. Structural Change and Economic Dynamics. DOI: https://doi.org/10.1016/j.strueco.2020.04.011. OECD (2009). Education at a Glance 2009. Retrieved from https://www.oecd.org/education/skills-beyond-school/43636332.pdf. O’Higgins, N. (1997). The challenge of youth unemployment. Retrieved from https://econwpa.ub.uni-muenchen.de/econ-wp/lab/papers/0507/0507003.pdf. Palomino, J. C., Rodríguez, J. G., & Sebastián, R. (2020). Wage inequality and poverty effects of lockdown and social distancing in Europe. INET Oxford Working Paper, 2020–13. Pouliakas, K., & Branka, J. (2020). EU jobs in highest risk of COVID-19 social distancing: is the pandemic exacerbating the labour market divide? Cedefop – Working Paper Series. |
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Code DOI |
10.31359/2411-5584-2021-46-3-8 |
This work is licensed under a Creative Commons –Attribution 4.0 International (CC BY 4.0).
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27.09.2021