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Human Capital Development as a Tool for Managing Structural Changes - Secondary Education vs. Structural Change


  • Jovan Zubovic

    (Economics Institute)


Structural change is a phenomenon that is experienced as a result of changes that are affecting economic and social environment in a certain country. In 2000 Serbia has entered into a long period of economic transition. Since, it has gone through a harsh economic structural change. Following the three sectors split of the economy, in this chapter it has been presented through what kind of structural change Serbian economy has gone, and how it was followed by the changes in secondary education. During the period of 10 years there was a rapid shift in both economic activity and employment from primary and secondary sector towards tertiary sector. At the same time, there has not been recorded a growth in share of students enrolling gymnasiums. In opposite from expected, their share begun to fall during last 5 years. It is possible to conclude that the economic structural change was not accompanied by appropriate change in the educational system, and that it is necessary to implement changes in the composition of education and to adapt it to labour market requirements.

Suggested Citation

  • Jovan Zubovic, 2012. "Human Capital Development as a Tool for Managing Structural Changes - Secondary Education vs. Structural Change," Book Chapters, Institute of Economic Sciences.
  • Handle: RePEc:ibg:chaptr:msc-22

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    References listed on IDEAS

    1. L. Rachel Ngai & Christopher A. Pissarides, 2007. "Structural Change in a Multisector Model of Growth," American Economic Review, American Economic Association, vol. 97(1), pages 429-443, March.
    2. Echevarria, Cristina, 1997. "Changes in Sectoral Composition Associated with Economic Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 38(2), pages 431-452, May.
    3. Michael Landesmann, 2000. "Structural Change in the Transition Economies, 1989 to 1999," wiiw Research Reports 269, The Vienna Institute for International Economic Studies, wiiw.
    4. Albrecht Kauffmann, 2005. "Structural Change during Transition: Is Russia Becoming a Service Economy?," Volkswirtschaftliche Diskussionsbeiträge 80, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät.
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