[:en]Report: Albanians, the most "lazy" in Europe[:] - Albanians In The World

[:en]Report: Albanians, the most “lazy” in Europe[:]

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[:en]Although they can stay long hours at work, work on weekends, try hard to achieve the objectives they have been put on, the Albanian employees are unable to secure the expected earnings from their employers. And in a vicious circle the latter do not give employees the reward they expect or even to make investments to boost employee productivity. The unfavorable business environment does not help this situation. In the apparent labor productivity index, measured by the Gross Value Added (GVA) per employee (output per employee), Albania ranks last in the region. For our country, this indicator is just over $ 10,000 in 2015 (measured by constant dollar 2010), from nearly $ 15,000, which is the average across the Western Balkans, according to a chart published by the World Bank in its latest report "The Western Balkans: Revitalizing the engine of growth and prosperity". The highest productivity is Kosovo, with almost 18 thousand dollars, followed by Montenegro, Bosnia, Serbia, Macedonia and only Albania comes to an end. A challenge for the region, the report says, is that average labor productivity is less than half the levels of the other 7 transition countries that are already in the EU (Bulgaria, Croatia, Estonia, Latvia, Lithuania, the Slovak Republic and Slovenia). For these countries, according to the chart, the HHO is over $ 30,000. Other Eurostat data, ascertained by "Monitor", show that in European Union countries, output figures for employees are much higher, reaching over $ 100,000 for specific sectors (such as energy, gas, information technology) and an average of the European Union of about $ 70,000. The World Bank in its report provides suggestions on how labor productivity can be increased in Balkan countries. Foreign partner technology and expertise can help increase these figures. In addition to the highest levels of labor force capability, productivity can also be enhanced by reforms that make it easier for workers to move between firms, sectors, geographic regions where economic activity is more efficient and useful. Reforming labor markets, which have problems such as widespread informality and limited labor mobility, will help improve productivity. Improving governance and transparency in public institutions, particularly the courts, will make investors more likely to risk investing their funds in the region. A friendly business climate for private enterprises, coupled with a deeper integration with the EU and global markets, will affect unemployment shrinkage and increase revenue. Productivity, says the World Bank, is determined by the quality of production factors and the efficiency of their use. We may think about labor productivity-worker-as a combination of three elements: the quality of human capital (the skills and health of workers), the quality of physical capital (tools and equipment of production), and the efficiency in using two forms of capital . Efficiency or total factor productivity reflects how well physical and human capital is used, through processes such as technology selection, product innovation, knowledge-sharing between firms and sectors, and worker mobility. If efficiency is slow, capital return is also low, reducing incentives to invest in new equipment, infrastructure and education. Low returns, on the other hand, slow down capital accumulation. Conversely, higher efficiency can increase productivity by improving existing investment returns and motivating investors to invest in productivity growth factors. The low quality of human capital is a factor contributing to this, Bank notes: PISA results are 20 percent lower than those in the OECD.[:]

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