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Effects of Economic Crisis on Human Resources Management of Romanian Organizations

Author

Listed:
  • Lut Dina Maria

    („Dimitrie Cantemir” Christian University, Faculty of Touristic and Commercial Management, Timisoara)

Abstract

The economic phenomena that manifest in the world today, affect the labour market in Romania and, implicitly, human resources management in the Romanian organizations. In the last two years, the Romanian market for human capital has suffered significant changes. Employment activities have seen a drastic decline, which led to an artificial saturated labor market. Forecasts for employment activity are retained in most industries and companies, not just domestically, but also internationally. This paper highlights some of the effects of economic crisis in human resources in Romanian organizations and also proposes some solutions for human resource development in this context of world crisis.

Suggested Citation

  • Lut Dina Maria, 2010. "Effects of Economic Crisis on Human Resources Management of Romanian Organizations," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 436-439, October.
    • Handle: RePEc:ovi:oviste:v:10:y:2010:i:2:p:436-439
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    More about this item

    Keywords

    economic crisis; human resources management; Romanian organizations.;
    All these keywords.

    JEL classification:

    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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