Cross-country clustering of labor and education markets in the system of strategic economic
DOI:
https://doi.org/10.5377/reice.v8i16.10681Keywords:
labor market, education, strategic management, clustering, personnel policy, GDP, regulationAbstract
The study focuses on the clustering of European countries in terms of labor market and education indicators, as well as the justification of strategic directions for ensuring GDP growth. It is proved that the management of the national economy in modern conditions acquires supranational features and can be effective, provided that the same approaches to the strategic management of facilities that have the same characteristics (belonging to the same cluster) are used. A comparative analysis of the development trends of labor markets of the EU and Ukraine is carried out. Using the K-means method, three cross-country clusters were formed according to indicators of the labor market and education. The applied use of the formed clusters of European countries according to indicators of the labor market and education is that for each cross-country cluster strategic directions of economic development can be justified by regulating the situation on the labor market and in the field of education. On the example of Slovakia, Austria, Greece and Ukraine, models that describe the impact on GGP of labor market and education indicators for countries are constructed. As a result of the study, strategic directions for each cluster are substantiated, which should ensure economic growth.
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