UDC 351.824.5:338.124.4(100)](73)(4-672EU)
Biblid: 0543-3657, 67 (2016)
Vol. 67, No 1164, pp. 91-103
DOI:

Original scientific paper
Received: 05 Sep 2016
Accepted: 05 Oct 2016

STRUCTURAL CHANGES IN USA AND EU ECONOMIES SINCE THE BEGINNING OF THE WORLD ECONOMIC CRISIS

Srzentić Miloš (Doktor ekonomskih nauka Miloš Srzentić), srzenticmil@sezampro.rs

Levels of total unemployment rates in a period from the beginning of the World economic crisis until today have shown significant fluctuations in the USA and the EU economies. In order of returning the values of these rates to their prerecession levels, short-term macroeconomic measures have been implemented. On effects of those measures were also influencing differences in economic structures in observed countries. Success in the sustainability of the economic system is particularly visible in the example of several urban agglomerations in Germany. In them exist agglomeration economies, which consist of a group of companies from the same industry sector on one location. They were also influencing on the movement of the structural unemployment rate in Germany, which had a decreasing trend during the observed period, unlike the structural unemployment rates in the USA and in most of other EU member countries.

Keywords: total unemployment, short-term macroeconomic measures, urban agglomerations, agglomeration economies, structural unemployment