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Author: The World Bank
Publisher: World Bank Publications
ISBN: 1464805679
Category : Business & Economics
Languages : en
Pages : 103
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Book Description
Since the 2011 uprising that toppled the former regime, Libya has been mired in deep political strife. An economy in which agriculture once flourished was converted wholesale to an oil-based rentier state of the most extreme kind. Following the immediate post-revolution oil-consumption boom, in 2014 Libya's economy is in recession. Security is the greatest challenge to stability (World Bank 2014). Today, limited opportunities exist for reintegrating youth and ex-combatants into the labor market.This policy note provides an initial assessment of Libya's labor market and discusses policy options for promoting employability as part of a broader jobs strategy. It is intended as a contribution to evidence on Libya's labor market for the benefit of policy makers, civil society and the broader international community. The report finds that the overall unemployment rate in Libya increased from 13.5 percent in 2010 prior to the uprising to 19 percent as of 2012, having changed little since then. Youth unemployment stands at approximately 48 percent and female unemployment 25 percent.The vast majority (85 percent) of Libya's active labor force is employed in the public sector, a high rate even by regional standards. The rate for women is even higher (93 percent). Employment in industry (largely the oil sector) and agriculture accounts for only 10 percent of the labor force. While nearly all public sector workers are covered by some form of social insurance, only 46 percent of private sector workers are enrolled - a striking difference. The report further discusses the implications of Libyan jobseeker profiles. Thirty percent of firms have reported difficulty in recruiting qualified Libyan nationals. Only 15-30 percent of Libya's labor force is relatively skilled and likely could be hired readily if given access to basic job training and job search assistance. For the remainder of the unemployed work force, targeted interventions would need to be designed for advanced skills development, vocational training, reconversion, and apprenticeship and entrepreneurship programs. The report discusses options for shifting Libya from a rentier state to a diversified, productive economy through economic and technical partnerships to help accelerate creating economic opportunities and jobs.
Author: The World Bank
Publisher: World Bank Publications
ISBN: 1464805679
Category : Business & Economics
Languages : en
Pages : 103
Get Book Here
Book Description
Since the 2011 uprising that toppled the former regime, Libya has been mired in deep political strife. An economy in which agriculture once flourished was converted wholesale to an oil-based rentier state of the most extreme kind. Following the immediate post-revolution oil-consumption boom, in 2014 Libya's economy is in recession. Security is the greatest challenge to stability (World Bank 2014). Today, limited opportunities exist for reintegrating youth and ex-combatants into the labor market.This policy note provides an initial assessment of Libya's labor market and discusses policy options for promoting employability as part of a broader jobs strategy. It is intended as a contribution to evidence on Libya's labor market for the benefit of policy makers, civil society and the broader international community. The report finds that the overall unemployment rate in Libya increased from 13.5 percent in 2010 prior to the uprising to 19 percent as of 2012, having changed little since then. Youth unemployment stands at approximately 48 percent and female unemployment 25 percent.The vast majority (85 percent) of Libya's active labor force is employed in the public sector, a high rate even by regional standards. The rate for women is even higher (93 percent). Employment in industry (largely the oil sector) and agriculture accounts for only 10 percent of the labor force. While nearly all public sector workers are covered by some form of social insurance, only 46 percent of private sector workers are enrolled - a striking difference. The report further discusses the implications of Libyan jobseeker profiles. Thirty percent of firms have reported difficulty in recruiting qualified Libyan nationals. Only 15-30 percent of Libya's labor force is relatively skilled and likely could be hired readily if given access to basic job training and job search assistance. For the remainder of the unemployed work force, targeted interventions would need to be designed for advanced skills development, vocational training, reconversion, and apprenticeship and entrepreneurship programs. The report discusses options for shifting Libya from a rentier state to a diversified, productive economy through economic and technical partnerships to help accelerate creating economic opportunities and jobs.
Author:
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :
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Book Description
Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451854781
Category : Business & Economics
Languages : en
Pages : 98
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Book Description
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: World Bank
Publisher: World Bank Publications
ISBN: 1464812829
Category : Business & Economics
Languages : en
Pages : 407
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Book Description
Migration presents a stark policy dilemma. Research repeatedly confirms that migrants, their families back home, and the countries that welcome them experience large economic and social gains. Easing immigration restrictions is one of the most effective tools for ending poverty and sharing prosperity across the globe. Yet, we see widespread opposition in destination countries, where migrants are depicted as the primary cause of many of their economic problems, from high unemployment to declining social services.Moving for Prosperity: Global Migration and Labor Markets addresses this dilemma. In addition to providing comprehensive data and empirical analysis of migration patterns and their impact, the report argues for a series of policies that work with, rather than against, labor market forces. Policy makers should aim to ease short-run dislocations and adjustment costs so that the substantial long-term benefits are shared more evenly. Only then can we avoid draconian migration restrictions that will hurt everybody. Moving for Prosperity aims to inform and stimulate policy debate, facilitate further research, and identify prominent knowledge gaps. It demonstrates why existing income gaps, demographic differences, and rapidly declining transportation costs mean that global mobility will continue to be a key feature of our lives for generations to come. Its audience includes anyone interested in one of the most controversial policy debates of our time.
Author: Johanna Schauer
Publisher: International Monetary Fund
ISBN: 1484360915
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
Labor market duality is a complex and critical issue for many countries that can lower productivity, contribute to inequality and result in negative externalities. In this paper, I study duality in the Korean labor market and analyze its sources and potential policy options. I find that employment protection legislations and large productivity differentials are the key drivers of Korea’s duality. In addition, applying a general equilibrium search-and-matching model and calibrating it to the Korean economy, I show that well-calibrated flexicurity policies can significantly reduce duality and inequality and raise welfare and productivity. Notably, the introduction of all three pillars—flexiblity, a strong safety net and active labor market policies—is critical for its success. If only one pillar is introduced it can result in negative side-effects and might not reduce duality.
Author: Virginie Collombier
Publisher: Hurst Publishers
ISBN: 1805261150
Category : Social Science
Languages : en
Pages : 389
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Book Description
Ten years after Libya descended into conflict, the contours of a new society are emerging. How has violence remade the country—what has happened to inter-community and inter-personal relations, to social hierarchies and elite composition? Which new groups, networks and identities have formed through conflict, and how has this transformed power structures, modes of capital accumulation and governance at the local and national levels? How has the violence contributed to create new communities, both inside the country and in exile? This volume brings together leading researchers, both foreign and Libyan, to examine the deep changes undergone by Libya’s society amid civil war. These transformations are bound to shape the country for decades to come, and will influence its relations with the outside world. By addressing neglected yet crucial aspects of social change amid violence, the contributors substantially broaden the picture of Libyan society beyond the current confines of scholarship, as well as enriching wider debates in Conflict Studies.
Author: The World Bank
Publisher: World Bank Publications
ISBN: 146481922X
Category : Business & Economics
Languages : en
Pages : 453
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Book Description
This sourcebook compiles analytical work that has been cultivated over the past several years by the World Bank and partner organizations of Libya. Utilizing several analytical techniques, the book makes a unique contribution to the discussion on Libya's medium- to long-term challenges.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264264205
Category :
Languages : en
Pages : 130
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Book Description
The report is intended to contribute to the implementation of policies in a post-conflict Libya to promote private sector development.
Author: Olivier Bizimana
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
Employment informality is widespread across North Africa. This paper aims to shed light on the role played by the informal sector in labor market adjustments over the business cycle. It finds that the response of labor markets to output fluctuations is more muted in countries with higher informality levels, like the North African economies. The analysis also confirms that informal employment is countercyclical and acts as a buffer during economic downturns in countries with relatively higher informality. However, contrary to what took place in past recessions, informal employment contracted sharply during the 2020 pandemic recession in high informality economies, suggesting that it did not play its traditional countercyclical role. By contrast, employment informality tends to fall modestly or increase during economic upturns, including the post-pandemic recovery. This finding presages the persistence of a large informal sector in the post-covid era in medium- and high-informality countries.
Author: Rob Weighill
Publisher: Oxford University Press
ISBN: 0190050276
Category : Political Science
Languages : en
Pages : 404
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Book Description
In March 2011, NATO launched a mission hitherto entirely unthinkable: to protect civilians against Libya's ferocious regime, solely from the air. NATO had never operated in North Africa, or without troops on the ground; it also had never had to move as quickly as it did that spring. It took seven months, 25,000 air sorties, 7,000 combat strike missions, 3,100 maritime hailings and nearly 400 boardings for Tripoli to fall. This book tells for the first time the whole story of this international drama, spanning the hallways of the United Nations in New York, NATO Headquarters in Brussels and, crucially, the two operational epicentres: the Libyan battlefield, and Joint Force Command Naples, which was in charge of the mission. Weighill and Gaub offer a comprehensive exploration of both the war's progression and the many challenges NATO faced, from its extremely rapid planning and limited understanding of Libya and its forces, to training shortfalls and the absence of post-conflict planning. Theirs is a long-awaited account of the Libyan war: one that truly considers all the actors involved.
