TEAM NAME: MINAFOCUS COUNTRY: CROATIA

UNIVERSITY OF ZAGREB: FACULTY OF ECONOMICS AND BUSINESS

EDUCATION

CORUPTION AND

NEPOTISMECONOMICPOLICY

INFLEXIBILITY OF

WORKFORCEPROBLEM

OF THE EMPLOYERS

CRISIS INACCESSIBILITY OF

INFORMATION

YOUTH UNEMPLOYMENT

BIGGER SOCIAL

SPENDINGS

OPPORTUNITY COSTS

IMPACT ON THE DEMOGRAPHY

PSYCHOSOCIAL CONSEQUENCES

• DECREASE OF THE BIRTHRATE

• UNSUSTAINABILITY OF THE PENSION

SYSTEM• DECREASING OF THE

COMPETITIVENESS

CAUSES

SHORT RUN CONSEQUENCES

LONG RUN

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

THE SOLUTIONS

• 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

THE RESULTS