Labor Market Reforms, Growth, and Unemployment in Labor-Exporting Countries in the Middle East and North Africa

• Tác giả: Pierre-Richard Agénor
• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.9 Economic development and growth
• Thông tin xuất bản: World Bank, Washington, D.C., 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 310165
• Chủ đề: 1. ACCOUNTING; 2. AGGREGATE DEMAND; 3. AGRICULTURAL OUTPUT; 4. AGRICULTURAL PRODUCTION; 5. AGRICULTURE

Tóm tắt

This paper studies the impact of labor market policies on growth and unemployment in labor-exporting countries in the Middle East and North Africa. The analysis is based on a framework that captures many of the main features of the labor market in these countries. We conduct a variety of policy experiments, including a reduction in payroll taxation, cuts in public sector wages and employment, an increase in employment subsidies, a reduction in trade unions' bargaining power, and a composite reform program. Our key message is that to foster broad-based growth and job creation in the region, labor market reforms must not be viewed in isolation but rather as a component of a comprehensive program of structural reforms.