Journal of Scientific Papers

ECONOMICS & SOCIOLOGY


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ISSN 2071-789X



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Labour Force Availability as an Economic Development Factor in Post Socialist Countries

Vol. 7, No 2, 2014

 

 

Olena Tkachenko

PhD

Theoretical economics

subdepartment A.P.

State Higher Educational Establishment

Labour force availability

as an economic development factor in post socialist countries

Vadym Hetman Kyiv National Economic University

Kyiv, Ukraine

E-mail: tkachenco_kneu@ukr.net

 

Taras Mosiychuk

Theoretical economics subdepartment post-graduate student

State Higher Educational Establishment

Vadym Hetman Kyiv National Economic University

Kyiv, Ukraine

E-mail: tkachenco_kneu@ukr.net

 

ABSTRACT. The article examines impact of human resources availability in post-socialist economy on its rate of economic growth in conditions of high dependency on the import of intellectual labour products from developed countries. The thesis about meaningful constraints, which active involvement of European post-socialist countries in the international system of labour division impacts on the ability of such countries to overcome the lack of human assets in the medium term, is substantiated.  Two legitimate reasons of such restrictions are identified in the article. A regular concentration of economic management functions that require the most highly skilled performers in economically developed countries is called the first cause. The institutional shortcomings of post-socialist countries, where social sphere was not transformed into a source of competitive advantage for national business is called the second cause.

 

Received: January, 2014

1st Revision: April, 2014

Accepted: May, 2014

 

DOI:10.14254/2071-789X.2014/7-2/6

JEL Classification: F2, E66, O11

Keywords: labour force, economic growth, intellectual labour, labour force mobility, labour efficiency.