Labor Market in Postwar Bosnia and Herzegovina : How to Encourage Businesses to Create Jobs and Increase Worker Mobility
Based on extensive institutional, and empirical analysis, the report describes a static labor market in Bosnia, unable to accommodate the economic imbalances resulting from the war, and from the legacy of the socialist era. Worker, and job flows ha...
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| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2002/11/2061523/bosnia-herzegovina-labor-market-postwar-bosnia-herzegovina-encourage-businesses-create-jobs-increase-worker-mobility http://hdl.handle.net/10986/15333 |
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okr-10986-153332021-04-23T14:03:15Z Labor Market in Postwar Bosnia and Herzegovina : How to Encourage Businesses to Create Jobs and Increase Worker Mobility World Bank ACCOUNTING ADMINISTRATIVE PROCEDURES AGING ASSETS BARRIERS TO ENTRY CATEGORIES OF WORKERS CLIMATE DISCUSSIONS ECONOMIC ACTIVITY ECONOMIC GROWTH EMPIRICAL ANALYSIS EMPLOYMENT EMPLOYMENT DISCRIMINATION EMPLOYMENT POLICIES HEALTH PROBLEMS HEALTH SERVICES HIGH UNEMPLOYMENT HUMAN DEVELOPMENT INCOME INFLATION INSURANCE JOB CREATION LABOR COSTS LABOR FORCE LABOR LAWS LABOR LEGISLATION LABOR MARKET LABOR MARKETS LEGAL FRAMEWORK LEGISLATION LIVING CONDITIONS MARKET ECONOMIES MIGRATION MINIMUM WAGES PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH PROFITABILITY PUBLIC ENTERPRISES PUBLIC EXPENDITURES RECOMMENDATIONS REFUGEES RETIREMENT SAFETY SOCIAL SECURITY TAX COLLECTION TAX RATES TAXATION TRADE UNIONS TRANSACTION COSTS TRANSITION ECONOMIES UNEMPLOYED WORKERS UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT RATES WAGES WORKERS YOUNG WORKERS LABOR MARKET JOB CREATION UNEMPLOYMENT LEVELS WORKER PARTICIPATION EMPLOYMENT OPPORTUNITIES BUSINESS ENVIRONMENT LABOR LEGISLATION WAGE PAYMENT SYSTEMS FEMALE EMPLOYMENT SOCIAL SECURITY BENEFITS PRIVATIZATION OF PUBLIC ENTERPRISES SOCIAL IMPACT BUSINESS ENVIRONMENT SOCIAL POLICY LABOR ABSORPTION UNEMPLOYMENT INSURANCE Based on extensive institutional, and empirical analysis, the report describes a static labor market in Bosnia, unable to accommodate the economic imbalances resulting from the war, and from the legacy of the socialist era. Worker, and job flows have been rather low, lagging behind when compared with those in other transition economies. While the restrictive employment protection legislation - a strong barrier to labor mobility and job creation - was removed in the year 2000, replaced by a legislation attuned to the economy's needs, the highly structured wage system however, is still in place, precluding mobility, and job creation in the formal sector. The report identifies several findings, indicating the formal sector workforce practically denies access to young workers, reflecting a low labor force participation - where female labor force participation is among the lowest in the region - with large unemployment levels. Data emphasizes this point, showing a large informal sector, representing thirty six percent of total employment, and, the study presents evidence of under-reported wages to avoid, or minimize social security contributions. But despite the overall context of stagnant labor market, private firms have been much more dynamic in all aspects of job flows, including net employment growth. Newly privatized firms reduced their workforces, though not dramatically, which suggests no negative social impact of privatization have occurred to date. Recommendations include a strengthened business environment, within a comprehensive approach to social policy, reorienting active labor programs while continuing basic unemployment insurance. 2013-08-23T21:26:11Z 2013-08-23T21:26:11Z 2002-11-04 http://documents.worldbank.org/curated/en/2002/11/2061523/bosnia-herzegovina-labor-market-postwar-bosnia-herzegovina-encourage-businesses-create-jobs-increase-worker-mobility http://hdl.handle.net/10986/15333 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Europe and Central Asia Bosnia and Herzegovina |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING ADMINISTRATIVE PROCEDURES AGING ASSETS BARRIERS TO ENTRY CATEGORIES OF WORKERS CLIMATE DISCUSSIONS ECONOMIC ACTIVITY ECONOMIC GROWTH EMPIRICAL ANALYSIS EMPLOYMENT EMPLOYMENT DISCRIMINATION EMPLOYMENT POLICIES HEALTH PROBLEMS HEALTH SERVICES HIGH UNEMPLOYMENT HUMAN DEVELOPMENT INCOME INFLATION INSURANCE JOB CREATION LABOR COSTS LABOR FORCE LABOR LAWS LABOR LEGISLATION LABOR MARKET LABOR MARKETS LEGAL FRAMEWORK LEGISLATION LIVING CONDITIONS MARKET ECONOMIES MIGRATION MINIMUM WAGES PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH PROFITABILITY PUBLIC ENTERPRISES PUBLIC EXPENDITURES RECOMMENDATIONS REFUGEES RETIREMENT SAFETY SOCIAL SECURITY TAX COLLECTION TAX RATES TAXATION TRADE UNIONS TRANSACTION COSTS TRANSITION ECONOMIES UNEMPLOYED WORKERS UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT RATES WAGES WORKERS YOUNG WORKERS LABOR MARKET JOB CREATION UNEMPLOYMENT LEVELS WORKER PARTICIPATION EMPLOYMENT OPPORTUNITIES BUSINESS ENVIRONMENT LABOR LEGISLATION WAGE PAYMENT SYSTEMS FEMALE EMPLOYMENT SOCIAL SECURITY BENEFITS PRIVATIZATION OF PUBLIC ENTERPRISES SOCIAL IMPACT BUSINESS ENVIRONMENT SOCIAL POLICY LABOR ABSORPTION UNEMPLOYMENT INSURANCE |
| spellingShingle |
ACCOUNTING ADMINISTRATIVE PROCEDURES AGING ASSETS BARRIERS TO ENTRY CATEGORIES OF WORKERS CLIMATE DISCUSSIONS ECONOMIC ACTIVITY ECONOMIC GROWTH EMPIRICAL ANALYSIS EMPLOYMENT EMPLOYMENT DISCRIMINATION EMPLOYMENT POLICIES HEALTH PROBLEMS HEALTH SERVICES HIGH UNEMPLOYMENT HUMAN DEVELOPMENT INCOME INFLATION INSURANCE JOB CREATION LABOR COSTS LABOR FORCE LABOR LAWS LABOR LEGISLATION LABOR MARKET LABOR MARKETS LEGAL FRAMEWORK LEGISLATION LIVING CONDITIONS MARKET ECONOMIES MIGRATION MINIMUM WAGES PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH PROFITABILITY PUBLIC ENTERPRISES PUBLIC EXPENDITURES RECOMMENDATIONS REFUGEES RETIREMENT SAFETY SOCIAL SECURITY TAX COLLECTION TAX RATES TAXATION TRADE UNIONS TRANSACTION COSTS TRANSITION ECONOMIES UNEMPLOYED WORKERS UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT RATES WAGES WORKERS YOUNG WORKERS LABOR MARKET JOB CREATION UNEMPLOYMENT LEVELS WORKER PARTICIPATION EMPLOYMENT OPPORTUNITIES BUSINESS ENVIRONMENT LABOR LEGISLATION WAGE PAYMENT SYSTEMS FEMALE EMPLOYMENT SOCIAL SECURITY BENEFITS PRIVATIZATION OF PUBLIC ENTERPRISES SOCIAL IMPACT BUSINESS ENVIRONMENT SOCIAL POLICY LABOR ABSORPTION UNEMPLOYMENT INSURANCE World Bank Labor Market in Postwar Bosnia and Herzegovina : How to Encourage Businesses to Create Jobs and Increase Worker Mobility |
| geographic_facet |
Europe and Central Asia Bosnia and Herzegovina |
| description |
Based on extensive institutional, and
empirical analysis, the report describes a static labor
market in Bosnia, unable to accommodate the economic
imbalances resulting from the war, and from the legacy of
the socialist era. Worker, and job flows have been rather
low, lagging behind when compared with those in other
transition economies. While the restrictive employment
protection legislation - a strong barrier to labor mobility
and job creation - was removed in the year 2000, replaced by
a legislation attuned to the economy's needs, the
highly structured wage system however, is still in place,
precluding mobility, and job creation in the formal sector.
The report identifies several findings, indicating the
formal sector workforce practically denies access to young
workers, reflecting a low labor force participation - where
female labor force participation is among the lowest in the
region - with large unemployment levels. Data emphasizes
this point, showing a large informal sector, representing
thirty six percent of total employment, and, the study
presents evidence of under-reported wages to avoid, or
minimize social security contributions. But despite the
overall context of stagnant labor market, private firms have
been much more dynamic in all aspects of job flows,
including net employment growth. Newly privatized firms
reduced their workforces, though not dramatically, which
suggests no negative social impact of privatization have
occurred to date. Recommendations include a strengthened
business environment, within a comprehensive approach to
social policy, reorienting active labor programs while
continuing basic unemployment insurance. |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Labor Market in Postwar Bosnia and Herzegovina : How to Encourage Businesses to Create Jobs and Increase Worker Mobility |
| title_short |
Labor Market in Postwar Bosnia and Herzegovina : How to Encourage Businesses to Create Jobs and Increase Worker Mobility |
| title_full |
Labor Market in Postwar Bosnia and Herzegovina : How to Encourage Businesses to Create Jobs and Increase Worker Mobility |
| title_fullStr |
Labor Market in Postwar Bosnia and Herzegovina : How to Encourage Businesses to Create Jobs and Increase Worker Mobility |
| title_full_unstemmed |
Labor Market in Postwar Bosnia and Herzegovina : How to Encourage Businesses to Create Jobs and Increase Worker Mobility |
| title_sort |
labor market in postwar bosnia and herzegovina : how to encourage businesses to create jobs and increase worker mobility |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2002/11/2061523/bosnia-herzegovina-labor-market-postwar-bosnia-herzegovina-encourage-businesses-create-jobs-increase-worker-mobility http://hdl.handle.net/10986/15333 |
| _version_ |
1764427004813246464 |