Green Transition, Labor Shortages and Employment Policies

Abstract

Under the circumstances of the accelerated technological advance and the overlapping of various global crises in the recent years, one of the main strategic priorities of the European Union in medium and long terms consists of building resilient regional and local communities which implies the aim to protect citizens against the impact of climate changes. Considering the essential role of the human capital in this endeavor, this chapter aims to investigate the relationship between human resources and economic development focusing a SWOT analysis in the case of Romania taking into account recent developments and trends of the European and global labor market related to various aspects induced by the green transition. The analysis of the structural demo-economic characteristics of Romania’s population revealed a decline of the total population, against the background of negative demographic and net migration, the increase in the average and median age of the total population, the rise in demographic and economic dependency ratios representing serious challenges for the development strategy on short, medium and long terms. To these, increasing quantitative and qualitative shortages in the labor market are added, which complicate the advancement of the green transition in Romania. In the conclusions of this chapter, strategic milestones on policies and measures in the short, medium and long terms at macroeconomic and labor market levels are proposed.

Citation

Chivu, L., Georgescu, G. and Cvijanovic, D. (2024), "Green Transition, Labor Shortages and Employment Policies", Grigorescu, A. and Andrei, J.V. (Ed.) Entrepreneurship and Development for a Green Resilient Economy (Lab for Entrepreneurship and Development), Emerald Publishing Limited, Leeds, pp. 47-83. https://doi.org/10.1108/978-1-83797-088-920241003