The notion of Gross National Happiness (GNH) presents a radical paradigm shift in development economics and social theory. GNH can be regarded as the Buddhist equivalent to Gross National Product (GNP), which is the conventional indicator for a nation’s economic performance. But GNH can also be...

Past research on labour-market skills shortages indicates that employers report skills shortages or hard-to-fill vacancies for a variety of different reasons. Nevertheless, there is some consensus that skills-shortages analysis needs to examine such shortages within the context of the local...

The sudden slump in oil production since 2001 has only heightened the question of an alternative to an economybased on oil revenues, whereas the sultanate had undergone exponential development over the three precedingdecades. From this standpoint, the policy of Omanizing the labor force...

Since 1986, Nigeria has gradually been integrating with the global economy. This paper examines the effect of globalization on employment and wages in Nigeria. The effects of globalization have been difficult to isolate and evaluate theoretically and empirically due to it multi-faceted nature,...

This paper looks at some aspects of trade and investment relations between the EU and the countries of central and eastern Europe (CEEC). The approach used is based on a model of trade with, and development of, a frontier by a metropolitan economy developed by Ronald Findlay. Findlay’s model...

Education became one of the largest sub-system of modern societies in the past century. The role of education is no longer interpreted only as the conveyor of culture, knowledge and values, but it is also attributed a significant role in its contribution to economic development and the promotion...

This paper analyses the effects of individual investments in four field-specific educational resources on wages in the Netherlands. Based on a survey on the Dutch population, scales are developed that measure the amount of cultural, economic, communicative and technical resources that fields of...

Reports abound of the detrimental effect of the construction skills crisis on the performance and futuredevelopment of the UK construction industry. The industry’s continued growth in output, coupled with itsunpopularity as a career choice, has led to extreme pressure on its labour market...

The aim of this paper is to study the likely impacts of the Global Financial and Economic Crisis on the Australian labour market. We argue that the impact of the global crisis on the Australian economy is likely to be a continuing increase in unemployment and long term unemployment. The impact...

In regard of urgency evaluation and comparison situation labour market in South Bohemia’s districts forms the need of creation such indicator that it would with satisfactory predicative ability informed about potential of single districts. By setting such indicator is necessary start from...