Emerging Strains in GCC Labor Markets.pdf

Emerging Strains in GCC Labor Markets true
By:Mr. Ugo Fasano-Filho,Rishi Goyal
Published on 2004-04-01 by International Monetary Fund


Unemployment pressures among nationals are emerging in the Cooperation Council for the Arab States of the Gulf (GCC). 2 At a time when a rapidly growing number of young nationals are entering the labor force and governments are no longer able to act as employers of first and last resort, the non-oil sector continues to rely on expatriate labor to meet its labor requirements in most GCC countries. In this environment, policymakers face the related challenges of addressing unemployment pressures while striking a balance between maintaining a liberal foreign labor policy and a reasonable level of competitiveness of the non-oil sector. Using a matching function framework, this paper examines labor market policies that are likely to expand the ability to hire nationals in the non-oil sector. It finds that an effective labor strategy should focus on strengthening investment in human capital, adopting institutional reforms, and promoting a vibrant non-oil economy.

This Book was ranked at 36 by Google Books for keyword Job Markets.

Book ID of Emerging Strains in GCC Labor Markets's Books is L-JUEIK2w6kC, Book which was written byMr. Ugo Fasano-Filho,Rishi Goyalhave ETAG "I9cQzV8IZT8"

Book which was published by International Monetary Fund since 2004-04-01 have ISBNs, ISBN 13 Code is 9781452756318 and ISBN 10 Code is 1452756317

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