Human Capital Development as a Tool for Managing Structural Changes - Secondary Education vs. Structural Changes (Chapter 22)

Managing Structural Changes, Trends and Requirements, ed. João Sousa Andrade et al, Coimbra, Portugal, 2012

15 Pages Posted: 22 Dec 2012

Date Written: 2012

Abstract

Structural change is a phenomenon that is experienced as a result of changes that are affecting economic and social environment in a certain country. In 2000 Serbia has entered into a long period of economic transition. Since, it has gone through a harsh economic structural change. Following the three sectors split of the economy, in this chapter it has been presented through what kind of structural change Serbian economy has gone, and how it was followed by the changes in secondary education. During the period of 10 years there was a rapid shift in both economic activity and employment from primary and secondary sector towards tertiary sector. At the same time, there has not been recorded a growth in share of students enrolling gymnasiums. In opposite from expected, their share begun to fall during last 5 years. It is possible to conclude that the economic structural change was not accompanied by appropriate change in the educational system, and that it is necessary to implement changes in the composition of education and to adapt it to labour market requirements.

Keywords: human capital, structural change, secondary education

JEL Classification: J24, O15

Suggested Citation

Zubovic, Jovan, Human Capital Development as a Tool for Managing Structural Changes - Secondary Education vs. Structural Changes (Chapter 22) (2012). Managing Structural Changes, Trends and Requirements, ed. João Sousa Andrade et al, Coimbra, Portugal, 2012, Available at SSRN: https://ssrn.com/abstract=2192432

Jovan Zubovic (Contact Author)

Economics Institute ( email )

16, Kralja Milana str.
Belgrade, 11000
Republic of Serbia

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