INFLUENCE OF BURNOUT ON THE ECONOMIC DEVELOPMENT
Professional burnout has become a critical concern globally, with far-reaching effects on individual well-being, workplace productivity, and economic systems. Stress and burnout severely impact employee health, leading to reduced productivity, increased dissatisfaction, and significant financial losses for organizations. In light of these challenges, aim of this research is to analyse recent scientific findings on the link between burnout and economic development, examining how economic conditions and policies influence burnout, and how burnout, in turn, affects economic performance. The research reveals that burnout not only strains individual health but is also highly costly to the global economy. Although the specific economic impact varies across studies depending on whether mental health in the workplace or broader psychological factors are analysed, the overall influence of employee mental health on economic stability is undeniable. Consistently, studies demonstrate that stress and burnout costs are rising each year, with a projected increase in the financial burden if current trends persist. Burnout contributes to reduced workforce productivity, increased healthcare costs, and high employee turnover, all of which place economic strain on organizations and, by extension, on national economies. These findings highlight importance of understanding how burnout influences economic development. Strategies such as mental health support, improved work conditions, and economic policies that mitigate job insecurity are essential to curb burnout rates and reduce its economic costs. Addressing burnout has become not only a public health necessity but also a strategic economic imperative; by fostering a healthier workforce, organizations can enhance productivity, lower healthcare expenditures, and support sustainable economic growth. This study results can serve as research based advices for comprehensive approaches to managing burnout, integrating organizational support with economic strategies for long-term impact.
Authors
- Jūlija Mironova (ORCID: https://orcid.org/0000-0002-3090-6220)
- Biruta Sloka (ORCID: https://orcid.org/0000-0003-2129-053X)
- Thi Dien Nguyen (ORCID: https://orcid.org/0000-0002-4956-8532)
Institutions
- Latvia University of Life Sciences and Technologies (LV)
- Vietnam National University of Agriculture (VN)
- University of Latvia (LV)
Publication Details
- Journal
- Baltic Journal of Economic Studies
- Published
- 2025-10-09
- DOI
- https://doi.org/10.30525/2256-0742/2025-11-4-224-229
- Primary Topic
- Healthcare professionals’ stress and burnout
- Type
- article
- Field-Weighted Citation Impact
- 0.00
Funders
- Latvijas Universitate