THE ROLE AND IMPORTANCE OF SOCIAL POLICY IN THE LABOUR MARKET

Abstract

This paper presents the role and importance of social policy which is now high on the priority list of market economies aimed at sustainable economic development. The social partnership and social dialogue are concepts which are emphasized and their negligence can cause big problems, especially in the labour market. Every day, the EU social policy becomes more important. Together with employment policy it is focused to ensure good work conditions, protection and safety in the workplace, the rights of pregnant women, regulation of working time, etc. There is no uniquely formulated social policy in Bosnia and Herzegovina. Development of the effective social policy with a positive approach to employment is a priority task of goverments in the FBiH and the RS. The problem is also high poverty rate, the lack of gender sensitivity and social exclusion. Bosnia and Herzegovina is in the process of approaching the European Union and therefore must make some adjustments to European requirements regarding the labour market and social policy.