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Mauritius :, Unemployment and the Role of Institutions, James Yao, Calvin McDonald

Creator
Contributor
Abstract
Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged from 21 percent to less than 4 percent between the early 1980s and the early 1990s, but this trend was reversed and the rate increased to 10 percent by end-2002. This paper provides an analytical framework to explain this development. The growth of higher-skilled sectors coupled with rigidities in the labor market seem to account for the observed unemployment behavior. Policy makers can improve employment prospects by not only investing in education to reduce skills mismatch but also by reforming the pay-setting institutions
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. LITERATURE SURVEY""; ""III. MAURITIAN LABOR MARKET INSTITUTIONS AND EDUCATION SYSTEM""; ""IV. AN ANALYTICAL MODEL""; ""A. Unemployment in the Traditional Sector Before Technological Change""; ""B. Development of a New Technology Sector""; ""V. CONCLUDING REMARKS AND POLICY RECOMMENDATIONS""; ""REFERENCES""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (18 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781462330492

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