scholarly journals Youth Unemployment and Youth not in Employment, Education or Training: An Assessment in Terms of The EU and Turkey

2021 ◽  
Author(s):  
Vildan Göl ◽  
Betül Yüce Dural
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Youth Unemployment ◽  
The European Union ◽  
Causality Analysis ◽  
Education Policies ◽  
Left Behind ◽  
Employment Education ◽  
And Training ◽  
The Eu

Today, the European Union aims to integrate young people into the labour market and provide employment support. However, youth unemployment figures in the European Union are very serious. In addition to youth unemployment, NEET (Not in Education, Employment and Training) rates, which we hear frequently today and which is closely related to youth unemployment, have high rates both in the European Union and in Turkey. If these two main problems that countries have to deal with are not successful, they will impose serious costs on countries both socially and economically. Although education policies are often used for the solution, factors such as gender perception and patriarchal social structure must be left behind. In addition, strong economic growth should not be ignored to combat the problems of the young unemployed. The first aim of the study is to examine the factors that cause young unemployed and NEETs in the EU and Turkey at the macro and micro level and to present them comparatively. The second aim of the study is to empirically analyse Okun's Law, which argues that there is a negative correlation between unemployment and economic growth, for young unemployed and NEETs in Turkey between 2000 and 2020. The data used in the study was obtained from the OECD and Eurostat databases. The empirical findings obtained as a result of causality analysis show that there is a one-way relationship between economic growth, youth unemployment and NEETs.

scholarly journals IMPACT OF THE COVID-19 PANDEMIC ON YOUTH UNEMPLOYMENT IN THE EUROPEAN UNION

2020 ◽  
Vol 15 (1) ◽  
pp. 55-63
Author(s):  
Maya Lambovska ◽  
Boguslava Sardinha ◽  
Jaroslav Belas, Jr.
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Czech Republic ◽  
Young People ◽  
Unemployment Rate ◽  
Youth Unemployment ◽  
The European Union ◽  
The Czech Republic ◽  
Unemployment Rates ◽  
The Eu

Youth unemployment is a problem in each member country of the European Union (EU). The EU seeks to alleviate this problem by implementing various programs to support young people in finding and keeping a job, thus contributing to economic growth. In 2020, the world was hit by the COVID-19 pandemic. The countries have introduced many strict measures to prevent its spread, but they have caused a significant increase in unemployment, including among young people, and thus harmed economic growth. In this paper, we analyze the unemployment of people under the age of twenty-five in the EU. We also point out how unemployment rates have increased in individual countries. This problem concerns not only countries where the youth unemployment rate had been high already, such as Greece, Spain, and Italy, but also countries with previously lower rates, for example, the Czech Republic, Netherland, Poland, and Slovenia. In the latter group of countries, the youth unemployment rate has doubled in some cases due to anti-pandemic measures. We found that the most affected countries in this regard are the aforementioned Czech Republic, where the unemployment rate at the end of 2020 rose to 2.19 times above the level at the end of 2019, and Estonia, where year-over-year youth unemployment rose by a factor of 2.5. However, unfavorable developments occurred also in Lithuania, Latvia, and Ireland. According to our results, in 2020, youth unemployment increased the least in Hungary, Italy, and Belgium. In general, however, as the situation is now much more urgent, measures to alleviate this problem need to be put in place in each country to help young people find employment and, thus, stimulate economic growth.

scholarly journals Age-training gaps in the European Union

2012 ◽  
Vol 34 (1) ◽  
pp. 129-156 ◽  
Author(s):  
FIONA CARMICHAEL ◽  
MARCO G. ERCOLANI
Keyword(s):  
European Union ◽  
Older People ◽  
Labour Force ◽  
The European Union ◽  
Work Related ◽  
Cross Country ◽  
The Relationship ◽  
And Training ◽  
Normal Work ◽  
The Eu

ABSTRACTThis paper examines the relationship between age and training in the 15 European Union countries (EU-15) that were member states prior to the 2004 enlargement. The analysis is carried out using European Union Labour Force Survey data. We report cross-country comparisons of the training undertaken by older people (aged 50–64) and younger people (aged 20–49). We extend previous research by adding an analysis of the training undertaken by non-workers as well as that of workers. We also consider whether training is work-related, whether it is undertaken during normal work-hours and the time spent in training. Our results show that across the EU-15 not only are older people less likely to participate in training in general but, more importantly, they are less likely to participate in work-related training. Our evidence suggests that there is considerable scope for raising the training rates of older people and particularly older people who are out of work.

scholarly journals Training and Employability: What are the LSPs looking for and what can the graduates offer?

2018 ◽  
Vol 5 (1) ◽  
pp. 1-10 ◽  
Author(s):  
Valero Garces Carmen
Keyword(s):  
European Union ◽  
Service Providers ◽  
Shared Responsibility ◽  
The European Union ◽  
Job Market ◽  
Directorate General ◽  
Market Trends ◽  
Translator Education ◽  
And Training ◽  
The Eu

Training and employability are two terms that frequently appear in the speeches both in those in charge of designing educational policies as well as in reports of economics or market trends. Training is necessary for integration into the job market. The aim of this article is to provide data extracted from several studies on university – language service providers (LSP) relations in the European Union for the period 2010-2017. The EU DGT (Directorate - General for Translation) through the European Master´s in Translation network (EMT network) and EUATC (European Union of Associations of Translation Companies), developed those studies. The first and last studies focused on language service providers’ companies (LSP) while the second offers information on graduates and their training. In this way we aim to show both sides of the situation, which can be summed up in the following way: What are employers looking for and what can the graduates offer?. The results of the research presented seem to indicate that translator education and training is a shared responsibility of universities and LSP in a highly competitive market

scholarly journals URBANIZATION AND DYNAMICS OF ECONOMIC GROWTH (THE CASE OF NUTS 2 REGIONS OF EUROPEAN UNION)

2019 ◽  
pp. 15-29
Author(s):  
Michaela Staníčková ◽  
Lukáš Melecký
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Regional Development ◽  
Urban Areas ◽  
Economic Structure ◽  
The European Union ◽  
Endogenous Factors ◽  
Development Policies ◽  
Regional Development Policies ◽  
The Eu

Regional development policies based on local potential triggers a shift in the economic structure of territories. Exogenous and endogenous factors determine potential of regional development and it is necessary to use different indicators and methods to its evaluation. For the paper purpose, it is required to define metropolitan and peripheral functions as well as urban areas in the form of geographic models, depicting their spatial distribution in the European Union (EU). Nowadays, regions are increasingly becoming the drivers of the economy. All regions possess development opportunities – however, use these options enough, and hence the competitiveness of regions must be efficient enough. The paper focuses on dividing the EU NUTS 2 regions based on geographic models of the European economy into efficient and inefficient ones and identifying an optimal benchmark for inefficient regions as a strategy for enhancing their economic structure to measure regional efforts and progress.

scholarly journals Unemployment and the European Union, 2000–2017: structural exploration of distant past economic experience and future prosperity

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Enn Lun Yong
Keyword(s):  
European Union ◽  
Analogical Reasoning ◽  
Causal Chain ◽  
The European Union ◽  
Causality Analysis ◽  
Long Run ◽  
Economic Experience ◽  
Causality Tests ◽  
Lag Structure ◽  
The Eu

Abstract Distant past experience of economic performance is hypothesized to govern long-run employment performance across 28 European Union (EU) state members. Economic studies usually include lag structure for causality analysis, such as the Wold causal chain and recursive vector autoregression. The inquiry of this paper is different from the literature for two reasons: first, it intends to explain theoretically and empirically how long an influence of significant economic experience in the distant past on long-run unemployment would last. Second, the focus is on the EU due to the ongoing debate over economic integration and independent economies, of which Brexit is one prominent example. Based on panel data, a diagrammatic theory conveys the meaning of the distant past economic experience and its relationship with long-run unemployment in the EU. Empirical investigations include causality tests and long-lasting economic influences, where a new simple approach toward Cholesky decomposition is also demonstrated. The effect of an unexpected shock to inflation on unemployment can remain literally substantive for up to nearly four decades, while unemployment effects of some trade-related innovations can last even longer. The results are supported using analogical reasoning of macroeconomic behaviors incorporated in the original concept of this research.

scholarly journals Impact of Regulation Policy on Entrepreneurship Development in Kazakhstan

2018 ◽  
Vol 9 (3) ◽  
pp. 49
Author(s):  
A. Assenova ◽  
S. Baizakov ◽  
D. Gafyatullina ◽  
N. Baizakov
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Qualitative Theory ◽  
The European Union ◽  
Economic Management ◽  
Entrepreneurship Development ◽  
Analysis And Evaluation ◽  
Regulation Policy ◽  
The Eu ◽  
Reliable Basis

In the article the authors return to the problem of inflation and measurement of economic growth, now from the position of analysis and evaluation of the effectiveness of economic management. And he finds a new confirmation of his previous approaches in the models of the analysis of economic growth of the expert society of the European Union. An analysis of the EU KLEMS model convinces the authors that models based on a qualitative theory of money provide a reliable basis for forecasting development and making correct management decisions.

INNOVATION, PATENTS AND ECONOMIC GROWTH

2007 ◽  
Vol 11 (02) ◽  
pp. 279-297 ◽  
Author(s):  
RIFAT A. ATUN ◽  
IAN HARVEY ◽  
JOFF WILD
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Competitive Advantage ◽  
Life Sciences ◽  
The European Union ◽  
Enterprise Value ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Us ◽  
The Eu

Empirical evidence demonstrates the value of intellectual property (IP) in creating economic growth, enhancing productivity and profitability, and increasing enterprise value. Research and Development (R&D) intensive industries, such as the life sciences, where patents are critical to competition, need an enabling environment to institutionalise innovation and IP generation and reward investments in IP. The US has approached IP strategically and created an IP infrastructure. Japan aims to develop into an "IP nation". China has an increasingly well-developed IP system. In contrast, the European Union (EU), which aims to become the world's leading knowledge-based economy, has a fragmented and expensive system of national patents. It lacks an environment which values investment in IP generation and management. Until recently, the EU enjoyed global competitive advantage in the life sciences, but this advantage has been lost. To regain this competitive advantage the EU must invest substantially in R&D, IP generation and commercialisation of these outputs.

scholarly journals Znaczenie Turcji dla gospodarki i bezpieczeństwa Unii Europejskiej

2018 ◽  
pp. 91-104
Author(s):  
Artur Pohl
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Crisis ◽  
21St Century ◽  
International Security ◽  
The European Union ◽  
Fast Growing ◽  
Security Enhancement ◽  
Growing Economy ◽  
The Eu

In the second decade of 21st century the European Union will have to face the economic crisis and a problem of its domestic and international security enhancement. In both cases, the Turkish access to the organization can be a cure for European problems. Fast-growing economy, with young, well-educated society as well as big market may be an impulse to the economic growth of the EU. Economic surroundings and geostrategic location of Turkey, with its strongand modern army, can positively affect the security of the organization.

scholarly journals The human capital rationale behind the economic growth of the European Union countries: application of the advanced methods to enhance an efficiency of national human capital stocks

2019 ◽  
Vol 27 (1) ◽  
pp. 35-48
Author(s):  
Iuliia A. Stabinskaite
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Human Capital ◽  
Economic Development ◽  
Theoretical Models ◽  
The European Union ◽  
National Human ◽  
Dimensional Assessment ◽  
The Relationship ◽  
The Eu

Human capital is an important factor of economic growth, as has been underlined by recent theoretical models. The main goal of this article is to elucidate the relationship between human capital and dynamics of economic growth in the European Union (EU). For the purposes of this article human capital is defined as knowledge, skills as well as other individual factors which lead to higher productivity. Therefore, the greatest attention is focused on the multi-dimensional assessment of human capital in the processes of economic development of the European countries. A detailed evaluation of human capital in the EU is represented at interregional and international levels. Furthermore, author suggests a guidance for designing and planning strategies aimed at sustainable economic development by using the model predictive control algorithms.

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