TEAM NAME: MINA FOCUS COUNTRY: CROATIA UNIVERSITY OF ZAGREB: FACULTY OF ECONOMICS AND BUSINESS

EDUCATION CORUPTION AND NEPOTISM ECONOMIC POLICY INFLEXIBILITY OF WORKFORCE PROBLEM 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