[Challenge:Future] Semi finals - Challenge accepted
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The document discusses youth unemployment in Croatia. It identifies causes like inflexibility, corruption, nepotism, and inaccessibility of information. Short-term consequences include impact on demography and psychosocial issues. Long-term consequences involve an unsustainable pension system and decreased competitiveness. Solutions proposed are improving education through practice and online classes, youth subsidies for entrepreneurship, employer subsidies for innovation, and investments in project bonds. The results would be a more qualified workforce, higher employment, more company innovations, and economic growth.
[Challenge:Future] Semi finals - Challenge accepted
- 1. TEAM NAME: MINA FOCUS COUNTRY: CROATIA UNIVERSITY OF ZAGREB: FACULTY OF ECONOMICS AND BUSINESS
- 2. CAUSES INFLEXIBILITY CORUPTION OF AND WORKFORCE EDUCATION ECONOMIC NEPOTISM INACCESSIBILIT PROBLEM CRISIS POLICY OF OF THE EMPLOYERS INFORMATION YOUTH UNEMPLOYMENT SHORT RUN • DECREASE OF THE BIGGER BIRTHRATE SOCIAL CONSEQUENCES • UNSUSTAINABILITY SPENDINGS IMPACT ON THE OF THE PENSION DEMOGRAPHY SYSTEM OPPORTUNITY • DECREASING OF THE COSTS PSYCHOSOCIAL LONG COMPETITIVENESS CONSEQUENCES RUN
- 4. THE SOLUTIONS • EDUCATION – Obligatory practice at university – Online classes – Retraining and additional training of youth – Better coordination between education system and labor market • YOUTH SUBVENTIONS – Enterpreneurship – Information • EMPLOYERS SUBVENTIONS – Innovation centres • INVESTMENTS – Project bonds
- 5. THE RESULTS • EDUCATION – Motivated students-> higher quality of education – Better coordination of labor market and education – Lower costs of education • YOUTH SUBVENTIONS – Higher rate of employment and self-employment • EMPLOYERS SUBVENTIONS – Companies are gaining more innnovations-> increased competitiveness • INVESTMENTS – Cheaper financing strategicaly important projects-> increased rate of employment-> incresed consumption-> increased optimism-> economic growth