Labor Market Reforms Growth And Unemployment In Labor Exporting Countries In The Middle East And North Africa
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Labor Market Reforms, Growth, and Unemployment in Labor-exporting Countries in the Middle East and North Africa
Author | : |
Publisher | : World Bank Publications |
Total Pages | : 64 |
Release | : 2013 |
Genre | : |
ISBN | : |
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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.