Labor mentality: an institutional indicator of social and economic development
Abstract
The long-term performance of national economies is dependent on institutional factors and indicators, and the institutional environment, once of high quality, is a driver of social and economic development of countries.
Labor mentality is an important informal institute of the market economy. The cultivated labor consciousness of a nation is regarded as a source of economic growth and competitiveness enhancement of a country.
Results of scientific studies on labor-related issues show that difficulties in implementing social and economic reforms in Ukraine are rooted in the peculiarities of the Ukrainian labor mentality focused on simultaneous adaptation to the severe social and economic realities of the day, and the need for its radical transformation with emphasis on individual competitiveness at the labor market.
The aim of the study is to outline the social and economic significance of labor mentality in Ukraine, to define conditions and factors for transformation of labor consciousness in Ukraine a way to cultivate in Ukrainians the labor mentality that would be appropriate for the labor market. The most important results and conclusion of the study : as the values, social and psychological reactions and forms of labor behavior are changing, economic theory and practice find themselves short of reliable data about the ways the labor mentality is cultivated, its role in social and economic development, and of methodological recommendations required for taking relevant decisions at company and macroeconomic
No economic model, if even the most attractive one, will be capable to bring the wanted effect to Ukraine, when regional peculiarities of the Ukrainian labor mentality, Ukrainian morals and feeling of oxen dignity, Ukrainian labor traditions and critical rethinking of domestic and foreign practices are overlooked.
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