| Popis: |
Sustainability cannot exist without the actual engine driving it: the active people, involved in the socio-economic sectors and who decide, finally, through various means whether economic policies addressing pressing concerns are feasible and acceptable, or not. The issue of the relationship between sustainability, labor market, and corporate governance needs to be addressed from a complex, holistic perspective combining both heterodox and orthodox economic perspectives considering the reality of COVID-19 as game-changer. The current pandemic has raised the issue of the necessity of ‘renegotiating’ the institutional-economic status-quo on labor markets showing the need of closer links between economic and social perspectives more than ever, especially with emphasis on the vulnerable groups. The chapter intends to analyze how operational terms at strategic institutional and economic policy level might support or hinder initiatives of preserving jobs and ensuring labor market resilience, while accomplishing the overall objectives of sustainable development. The methodology relies on desk research, based on empirical data collected in various international and European databases as well as on articles, papers, and working papers published by national and international academic and business journals, as well as in daily newspapers and will use to equal extent findings according to orthodox economy, combining them with findings resulting from the use of institutional indicators’ measurement, thus providing an innovative perspective for the EU-level and national labor market, with respect to the labor market, and to the internal labor market, by considering developments in corporate governance. |
