Are Skills Constraining Growth in Bosnia and Herzegovina?

Are Skills Constraining Growth in Bosnia and Herzegovina?

The shortage of skills sought by key export-oriented and import competing industries in Bosnia and Herzegovina (henceforth, 'BH') is substantial and if left unaddressed, threatens to constrain future economic growth of the country. Prior...

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Bibliographic Details
Main Author:	World Bank
Format:	Other Poverty Study
Language:	English
Published:	World Bank 2012
Subjects:	ACADEMIC QUALIFICATIONS ACADEMIC YEAR ACCREDITATION ACTIVE EMPLOYMENT ACTIVE EMPLOYMENT POLICIES ACTIVE EMPLOYMENT PROGRAMS ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET POLICY ADULT EDUCATION ADULT TRAINING AGE GROUP AGE GROUPS AVERAGE EDUCATION LEVEL AVERAGE WAGES BASIC EDUCATION BASIC SKILLS BRAIN DRAIN CAREER CAREER COUNSELING CAREER DEVELOPMENT CAREER GUIDANCE CERTIFICATION PROCESSES COMPUTER TRAINING CONSUMER PRICE INDEX CONTINUING EDUCATION CURRICULA CURRICULUM DEGREES DIASPORA DIPLOMAS DISADVANTAGED STUDENTS DISCIPLINES DOCTORAL DEGREES DOMESTIC MARKET DRIVERS EARLY RETIREMENT ECONOMIC SLOWDOWN EDUCATED CITIZENS EDUCATED WORKFORCE EDUCATION BUDGET EDUCATION MINISTRIES EDUCATION OUTCOMES EDUCATION SYSTEMS EDUCATIONAL ATTAINMENT EDUCATIONAL DEVELOPMENT EDUCATIONAL LEVEL EDUCATORS EMPLOYEE EMPLOYER CONTRIBUTIONS EMPLOYMENT EMPLOYMENT GROWTH EMPLOYMENT OPPORTUNITIES EMPLOYMENT SERVICE ENTREPRENEURIAL ACTIVITIES EXPENDITURES EXPORT-ORIENTED INDUSTRIES FACULTIES FINDING EMPLOYMENT FINDING WORK FIRM SURVEY FIRM SURVEYS FOREIGN LANGUAGES FORMAL EMPLOYEE TRAINING FURTHER EDUCATION GENERAL SECONDARY EDUCATION GLOBAL MARKETS GROSS WAGE GROSS WAGES HEALTH INSURANCE HIGH UNEMPLOYMENT HIGH UNEMPLOYMENT RATE HIGHER EDUCATION HIGHER EDUCATION DEVELOPMENT HIGHER EDUCATION FINANCING HIGHER EDUCATION INSTITUTIONS HIGHER EDUCATION LAW HIGHER EDUCATION REFORM HIGHLY EDUCATED PEOPLE HUMAN CAPITAL HUMAN RESOURCES INFORMAL ECONOMY INSTITUTIONAL ACCREDITATION INTERNSHIPS JOB CREATION JOB PLACEMENT JOB PLACEMENT SERVICES JOB SEEKERS JOBS KNOWLEDGE BASE LABOR DEMAND LABOR FORCE LABOR MARKET CHARACTERISTICS LABOR MARKET INSTITUTIONS LABOR MARKET NEEDS LABOR MARKET OUTCOMES LABOR MARKET POLICY LABOR MARKET RIGIDITIES LABOR MARKETS LABOR MOBILITY LABOR SUPPLY LEARNING LEARNING OUTCOMES LEARNING PROGRAMS LIFE-LONG LEARNING LITERACY LITERATURE LOCAL LABOR MARKET LONG-TERM UNEMPLOYMENT MATHEMATICS MINISTRY OF EDUCATION OCCUPATIONS PASSIVE LABOR PRIMARY EDUCATION PRIMARY SCHOOL PRIMARY SCHOOL EDUCATION PRIVATE COST PRIVATE EDUCATIONAL INSTITUTIONS PRIVATE EMPLOYMENT PRIVATE INSTITUTIONS PRIVATE MARKET PRIVATE PROVISION PRIVATE SECTOR PRIVATE SECTOR ACTIVITY PRIVATE SECTOR COMPANIES PRIVATE SECTOR FIRMS PRIVATE SECTOR INVOLVEMENT PRIVATE TRAINING PRIVATE TRAINING PROVIDERS PRIVATE UNIVERSITIES PRIVATE UNIVERSITY PROBLEM SOLVING PROFESSORS PUBLIC EMPLOYMENT PUBLIC SECTOR EMPLOYEES PUBLIC UNIVERSITIES PUBLIC UNIVERSITY PUPILS QUALITY ASSURANCE QUALITY OF INSTRUCTION QUALITY TEACHING REAL WAGE REAL WAGES RESEARCH PROGRAMS RESEARCHERS SCHOOLING SCHOOLS SCIENCE DEGREES SCIENTIFIC RESEARCH SCIENTIST SCIENTISTS SECONDARY EDUCATION SECONDARY SCHOOL EDUCATION SECONDARY SCHOOL GRADUATES SECONDARY SCHOOLS SKILL SHORTAGE SKILL SHORTAGES SKILLED EMPLOYEES SKILLED LABOR SKILLED PEOPLE SKILLED WORKFORCE SOCIAL WORK STAFF SALARIES STUDENT LOAN STUDENT POPULATION TEACHER TEACHERS TEACHING TECHNICAL SKILLS TERTIARY EDUCATION TERTIARY EDUCATION REFORM TERTIARY EDUCATION SYSTEM TERTIARY ENROLLMENT TERTIARY ENROLLMENT RATE TERTIARY GRADUATES TERTIARY INSTITUTIONS TOTAL EMPLOYMENT TRADE UNIONS TRAINING PROGRAM TRAINING PROGRAMS TRAINING SERVICES TUITION TUITION FEES UNEMPLOYED UNEMPLOYED LABOR UNEMPLOYED PEOPLE UNEMPLOYED PERSONS UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNIVERSITIES UNIVERSITY ADMINISTRATORS UNIVERSITY BUDGET UNIVERSITY DEGREE UNIVERSITY EDUCATION UNIVERSITY GRADUATES UNSKILLED LABOR VOCATIONAL EDUCATION VOCATIONAL PROGRAMS VOCATIONAL SCHOOLS WAGE GROWTH WAGE LEVELS WORKER WORKERS
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100608013737 http://hdl.handle.net/10986/3186

Description
Summary:	The shortage of skills sought by key export-oriented and import competing industries in Bosnia and Herzegovina (henceforth, 'BH') is substantial and if left unaddressed, threatens to constrain future economic growth of the country. Prior to the onset of the global economic crisis, BH enjoyed strong rates of economic growth based to a significant degree on the growth of exports. On average, exports grew at an impressive 34 percent per year between 1995 and 2008. Our analysis however confirms that the growth of exporting, as well as import-competing industries is increasingly becoming constrained by the shortage of skills in the labor force. In this report we seek to identify these shortages and their likely causes and recommend reforms and policies which can prevent the plummeting of economic growth due to lack of adequate skills. Firm-level evidence confirms that the shortage of qualified workers is becoming a serious obstacle to growth of BH exporting companies. This report investigates what types of skills firms are looking for and are not finding in the marketplace. The policy recommendation section of this study seeks to provide ideas and direction for the BH government to address these labor market challenges.