Germany: strategies for labour force replacement amid demographic challenges

The article examines the current situation in the German labour market and measures aimed at overcoming the existing challenges. It explains the reasons for the emerging crisis in the labour market related to the demographic situation in the country. The shortage of qualified labour force is shown a...

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Main Author: Mark B. Kondratyev
Format: Article
Language:Russian
Published: Institute of Europe Russian Academy of Sciences 2024-08-01
Series:Научно-аналитический вестник Института Европы РАН
Subjects:
Online Access:http://dx.doi.org/10.15211/vestnikieran4202493105
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author Mark B. Kondratyev
author_facet Mark B. Kondratyev
author_sort Mark B. Kondratyev
collection DOAJ
description The article examines the current situation in the German labour market and measures aimed at overcoming the existing challenges. It explains the reasons for the emerging crisis in the labour market related to the demographic situation in the country. The shortage of qualified labour force is shown as the main challenge, with regional disproportions in the shortage of personnel being highlighted. It is noted that the main way to ease the labour shortage is to attract foreign specialists due to the low costs of such a strategy. The main mechanisms aimed at both integrating foreigners into the labour market and attracting them to the country are described. The prospects for integrating foreigners already living in the country are assessed and the problems complicating this process is analysed. The difficulties in implementing social policy in the area of pensions and the current government's approaches to addressing the relevant demographic challenges are highlighted. The assessment of the German expert community as well as other economic actors with regard to the government's pension reforms is presented. Special attention is paid to the issue of retaining pensioners in the labour market in order to solve the shortage of personnel in the country.
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institution Kabale University
issn 2618-7914
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publisher Institute of Europe Russian Academy of Sciences
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series Научно-аналитический вестник Института Европы РАН
spelling doaj-art-4d7e217831944474b09157bfbe5970032025-01-22T16:30:00ZrusInstitute of Europe Russian Academy of SciencesНаучно-аналитический вестник Института Европы РАН2618-79142024-08-0140493105http://dx.doi.org/10.15211/vestnikieran4202493105Germany: strategies for labour force replacement amid demographic challengesMark B. Kondratyev0https://orcid.org/0009-0009-2400-2485IMEMO, Moscow, RussiaThe article examines the current situation in the German labour market and measures aimed at overcoming the existing challenges. It explains the reasons for the emerging crisis in the labour market related to the demographic situation in the country. The shortage of qualified labour force is shown as the main challenge, with regional disproportions in the shortage of personnel being highlighted. It is noted that the main way to ease the labour shortage is to attract foreign specialists due to the low costs of such a strategy. The main mechanisms aimed at both integrating foreigners into the labour market and attracting them to the country are described. The prospects for integrating foreigners already living in the country are assessed and the problems complicating this process is analysed. The difficulties in implementing social policy in the area of pensions and the current government's approaches to addressing the relevant demographic challenges are highlighted. The assessment of the German expert community as well as other economic actors with regard to the government's pension reforms is presented. Special attention is paid to the issue of retaining pensioners in the labour market in order to solve the shortage of personnel in the country. http://dx.doi.org/10.15211/vestnikieran4202493105germanylabour marketskilled labourpension system
spellingShingle Mark B. Kondratyev
Germany: strategies for labour force replacement amid demographic challenges
Научно-аналитический вестник Института Европы РАН
germany
labour market
skilled labour
pension system
title Germany: strategies for labour force replacement amid demographic challenges
title_full Germany: strategies for labour force replacement amid demographic challenges
title_fullStr Germany: strategies for labour force replacement amid demographic challenges
title_full_unstemmed Germany: strategies for labour force replacement amid demographic challenges
title_short Germany: strategies for labour force replacement amid demographic challenges
title_sort germany strategies for labour force replacement amid demographic challenges
topic germany
labour market
skilled labour
pension system
url http://dx.doi.org/10.15211/vestnikieran4202493105
work_keys_str_mv AT markbkondratyev germanystrategiesforlabourforcereplacementamiddemographicchallenges