Why Is Tunisias Unemployment So High Evidence From Policy Factors
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Author | : Aymen Belgacem |
Publisher | : International Monetary Fund |
Total Pages | : 39 |
Release | : 2023-10-27 |
Genre | : Business & Economics |
ISBN | : |
Tunisia has one of the highest unemployment rates within the Middle East and Central Asia. We look at the extent to which institutional factors explain those high unemployment levels. We also assess unemployment cyclicality, by looking at the determinants of labor market sensitivity to the output gap. We find that during the last decade the deterioration of institutional factors that affect labor demand explain not only about a quarter of the unemployment rate increase in Tunisia, but also Tunisia’s excess sensitivity of unemployment to the output gap. Our results suggest that an improved business environment and product market competition, increased labor market flexibility as well as reduced financial constraints and informality would help reduce Tunisia’s unemployment.
Author | : Isabel Schaefer |
Publisher | : Springer |
Total Pages | : 115 |
Release | : 2017-09-14 |
Genre | : Political Science |
ISBN | : 3319650858 |
This book discusses youth unemployment in post-revolutionary Tunisia, paying particular attention to the so-called skill mismatch. Youth unemployment was one of the major factors triggering the Tunisian revolution, and continues to be a central socio-economic challenge. The Tunisian labour market is marked by a strong increase of higher education graduates while the economic system is dominated by sectors mainly employing a less qualified labour force. This study investigates current labour market trends, and provides insights into the underlying causes of persisting high youth unemployment. The author argues that economic crisis, difficult political conditions since 2011, and inefficient labour market policies did not foster sufficient job creation, and that special attention needs to be paid to the educational causes of the skill mismatch in youth employment in future sustainable development models.
Author | : Ragui Assaad |
Publisher | : Oxford University Press (UK) |
Total Pages | : 335 |
Release | : 2018 |
Genre | : Business & Economics |
ISBN | : 0198799861 |
This book offers a comprehensive examination of the key labor market issues facing Tunisia, including the size, structure, and evolution of the labor force, employment and unemployment, wage formation, gender differences, education, and migration.
Author | : International Labour Organization |
Publisher | : |
Total Pages | : 0 |
Release | : 2011 |
Genre | : Economic development |
ISBN | : 9789292510008 |
Analyses the contradictions that characterized inequitable growth. Shows how equity-enhancing policies can promote prosperity and reduce the risk of future crises, and describes a new development model for Tunisia, based on equal economic and social opportunities, and shared prosperity.
Author | : Mr.Jeffrey R. Franks |
Publisher | : International Monetary Fund |
Total Pages | : 42 |
Release | : 1994-09-01 |
Genre | : Business & Economics |
ISBN | : 1451852576 |
Spain has the most serious and persistent unemployment problem in Europe, with an unemployment rate that reached 24.6 percent in early 1994. This paper explores the characteristics of this unemployment problem, its causes, and provides a brief discussion of recent labor market reform measures and their likely Impact. A demographic shift in recent years has produced a large rise in female labor force participation and a decrease in agricultural jobs to which the economy has been unable to adjust. The effects of generous unemployment benefits and the large underground economy may explain 6–12 percentage points of the resulting unemployment, but the remainder must be explained by failures and rigidities in the labor market. The paper presents econometric evidence that unemployment displays hysteresis, and that wages are not responsive to changes in the unemployment rate. This evidence supports the claim that insider-outsider factors and rigidities in the legal structure of the labor market are responsible for much of the high unemployment rate. Recent reforms have improved the functioning of the labor market, but they are unlikely to be sufficient to reduce unemployment to single digit rates without further action.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 82 |
Release | : 2024-06-12 |
Genre | : |
ISBN | : 9264918485 |
This report assesses how foreign direct investment (FDI) contributes to Tunisia’s sustainable development. It uses a wealth of national and international data sources to examine the contribution of FDI to productivity, innovation, job quality and skills development. The report also provides initial policy considerations to improve the impact of FDI on sustainable development in Tunisia.
Author | : Friedrich Schneider |
Publisher | : Cambridge University Press |
Total Pages | : 225 |
Release | : 2013-02-14 |
Genre | : Business & Economics |
ISBN | : 1107034841 |
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.
Author | : Mr.Hamid R Davoodi |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 2003-09-05 |
Genre | : Business & Economics |
ISBN | : 9781589062290 |
The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.
Author | : Pierre-Richard Agénor |
Publisher | : International Monetary Fund |
Total Pages | : 98 |
Release | : 1995-11-01 |
Genre | : Business & Economics |
ISBN | : 1451854781 |
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Author | : Deon Filmer |
Publisher | : World Bank Publications |
Total Pages | : 283 |
Release | : 2014-01-24 |
Genre | : Business & Economics |
ISBN | : 146480107X |
"The series is sponsored by the Agence Francaise de Developpement and the World Bank."