THE IMPACT OF THE GLOBAL ECONOMIC AND FINANCIAL CRISIS ON HUMAN RESOURCES MANAGEMENT IN THE PUBLIC SECTOR - AT A GLOBAL, EUROPEAN AND NATIONAL LEVEL

Alina Stefania CHENIC (cretu) (), Margareta Stela Florescu () and Teodor Narcis Godeanu ()
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Alina Stefania CHENIC (cretu): Faculty of Economics, Bucharest University of Economic Studies
Margareta Stela Florescu: Faculty of Management and Public Administration, Bucharest University of Economic Studies
Teodor Narcis Godeanu: Faculty of Law, “Spiru Haret University, Bucharest

Proceedings of Administration and Public Management International Conference, 2014, vol. 10, issue 1, 25-33

Abstract: Probably the most affected segment of the labor market during the current financial crisis is the human resources in the public sector. In the next few decades, the EU will face a continuing trend of reducing and restructuring of human resources employed in this sector, along with inherent socioeconomic changes related to the aging of the population and the massive migration of the European population from relatively underdeveloped states to developed ones. Unfortunately, we're talking about a very broad sector which is also very important for the proper functioning of the economic, financial, social and administrative national governments. Of course, the most serious and direct signals come from the area of health, education and social protection but at least as important and serious are the central administrative, regional and local areas; national security and defense; internal public order and more. The effects of this trend are obvious: significantly reduced working capacity, high risks of obslescence of employees, inferior performance and productivity along with the increase in working time and loss of know-how. In this context, HRM in European public services should play a more important role, through the effective use of skills and competencies of current and future workforce.

Keywords: financial crisis; economic recession; human resources; public sector; public services; HRM (Human Resources Management) (search for similar items in EconPapers)
Date: 2014
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