More Jobs, Better Jobs : A Priority for Egypt

Much of the current debate around the recent economic crisis in the Arab Republic of Egypt has focused on unemployment. Although unemployment is an important marker of labor market health, the jobs problem in Egypt precedes the recent crisis and is manifested markedly in other labor market metrics. Indeed, the link between growth and unemployment in Egypt is weak, particularly for men. This chapter argues that the reason for this weak link is partly related to decades of flawed industrial policies that have discouraged investment in employment-generating activities. Industrial policies, including those implemented in the mid-2000s, were never focused on mitigating market failures to promote the emergence of fast-growing, high-productivity firms. Instead, they have worked to preserve insider privileges, leading to growth in sectors that are not labor intensive. Policy makers therefore need to look beyond supply-side focused labor market policies to accelerate employment growth.

Bibliographic Details

Main Author:	World Bank
Format:	Other Poverty Study biblioteca
Language:	English en_US
Published:	Washington, DC 2014-06
Subjects:	ADJUSTMENT POLICIES, ADVERSE EFFECTS, AGE CATEGORY, AGE DISTRIBUTION, AGGREGATE DEMAND, AGRICULTURE, BANKRUPTCY, BULLETIN, CAPITAL INVESTMENT, CAPITAL INVESTMENTS, COMPETITION POLICY, COMPETITIVENESS, CONSUMERS, CRISES, CURRENT POPULATION, CYCLICAL UNEMPLOYMENT, DEBT, DECISION MAKING, DEMOGRAPHIC GROWTH, DEREGULATION, DEVALUATION, DEVELOPMENT ASSISTANCE, DEVELOPMENT POLICY, DEVELOPMENT STRATEGY, DISABILITY, DISTORTED INCENTIVES, DOMESTIC WORKERS, EARLY RETIREMENT, ECONOMIC CRISIS, ECONOMIC GROWTH, ECONOMIC OPPORTUNITIES, ECONOMIC POLICIES, ECONOMIC RESEARCH, ECONOMIC SECTORS, ECONOMIC SHOCKS, ECONOMIC STRUCTURE, ECONOMIC VULNERABILITIES, ECONOMICS, EDUCATION LEVEL, EDUCATIONAL ATTAINMENT, EDUCATIONAL LEVELS, EMPLOYER, EMPLOYMENT CREATION, EMPLOYMENT GENERATION, EMPLOYMENT GROWTH, EMPLOYMENT GUARANTEE, EMPLOYMENT OPPORTUNITIES, EMPLOYMENT OUTCOMES, EMPLOYMENT POLICIES, EMPLOYMENT RELATIONSHIP, EMPLOYMENT SHARE, EMPLOYMENT STATUS, ENTREPRENEURIAL ACTIVITY, EXPORT MARKETS, EXPORTS, EXTREME POVERTY, FAIR ACCESS, FEMALE EMPLOYMENT, FEMALE LABOR, FEMALE LABOR FORCE, FERTILITY, FINANCIAL CRISES, FINANCIAL CRISIS, FINANCIAL SECTOR, FIRM ENTRY, FIRM SIZE, FISCAL POLICY, FOREIGN DIRECT INVESTMENT, FOREIGN OWNERSHIP, FULL EMPLOYMENT, GDP, GDP PER CAPITA, GENDER, GENDER GAPS, GENDER INEQUALITY, GNP, GOVERNMENT BONDS, GOVERNMENT REGULATION, GROWTH RATE, HEALTH INSURANCE, HIGH UNEMPLOYMENT, HOUSEHOLDS, HUMAN CAPITAL, INCOME, INDUSTRIAL DEVELOPMENT, INDUSTRIAL LABOR, INDUSTRIAL PRODUCTION, INDUSTRIALIZATION, INFORMAL EMPLOYMENT, INFORMAL SECTOR, INNOVATION, INTENSIVE INDUSTRIES, INTEREST RATES, INTERNATIONAL LABOUR ORGANISATION, INTERNATIONAL MIGRANT, JOB CREATION, JOB OPPORTUNITIES, JOB SECURITY, JOB STATUS, JOBS, JOBS CRISIS, LABOR DEMAND, LABOR FORCE, LABOR FORCE PARTICIPATION, LABOR LAWS, LABOR MARKET, LABOR MARKET OUTCOMES, LABOR MARKET POLICIES, LABOR MARKETS, LABOR PRODUCTIVITY, LABOR SHORTAGES, LABOR STATISTICS, LABOR-INTENSIVE PRODUCTION, LABORERS, LABOUR, LEGAL PROTECTION, LIFETIME JOB SECURITY, LOW UNEMPLOYMENT, LOW UNEMPLOYMENT RATES, MACROECONOMIC ANALYSIS, MACROECONOMIC MANAGEMENT, MACROECONOMICS, MALE WORKERS, MANPOWER, MANUFACTURING INDUSTRIES, MARKET ECONOMIES, MARKET FAILURES, MICRO ENTERPRISES, MIGRANT, MIGRATION, MINIMUM WAGE, MODERNIZATION, MONOPOLIES, MONOPOLY, NATIONAL SECURITY, NDP, NET JOB CREATION, NUMBER OF WORKERS, OLD AGE, OPEN DOOR, OPPORTUNISTIC BEHAVIOR, OPPORTUNITY COST, OVERVALUATION, PENSIONS, POLICY FRAMEWORK, POLICY IMPLICATIONS, POLICY MAKERS, POLITICAL DECISION, POLITICAL ECONOMY, POPULATION DISTRIBUTION, POPULATION GROWTH, PRESS RELEASE, PRIVATE EMPLOYMENT, PRIVATE ENTERPRISES, PRIVATE PARTNERSHIPS, PRIVATE SECTOR, PRIVATE SECTOR EMPLOYEES, PRIVATE SECTOR JOB, PRIVATE SECTORS, PRIVATIZATION, PRODUCTION PROCESS, PRODUCTIVITY IMPROVEMENT, PROGRESS, PUBLIC EMPLOYMENT, PUBLIC POLICY, PUBLIC SECTOR EMPLOYEE, PUBLIC SECTOR EMPLOYEES, PUBLIC SECTOR EMPLOYMENT, PUBLIC SECTOR JOB, PUBLIC SECTOR JOBS, RADIO, RATE OF GROWTH, REAL GDP, REGIONAL POLICY, REMITTANCE, REMITTANCES, RENTS, RESPECT, RETAIL TRADE, RETIREMENT, SAFETY, SECONDARY EDUCATION, SECONDARY SCHOOLS, SELF EMPLOYED, SERVANTS, SKILLED LABOR, SOCIAL BENEFITS, SOCIAL FUND, SOCIAL SECTORS, SOCIAL SECURITY, SOCIAL UNREST, SPATIAL DISTRIBUTION, SPATIAL DISTRIBUTION OF POPULATION, STATE-OWNED ENTERPRISES, TEEN, TELECOMMUNICATIONS, TEMPORARY WORKERS, TOTAL EMPLOYMENT, TOTAL FACTOR PRODUCTIVITY, TRADE BARRIERS, TRANSPORTATION, TV, UNEMPLOYMENT, UNEMPLOYMENT RATE, UNEMPLOYMENT RATES, UNEMPLOYMENT REDUCTION, UNFAIR COMPETITION, USER FEES, VALUE ADDED, WAGE GAP, WAGE POLICY, WAGE STRUCTURE, WAGES, WAR, WEALTH, WORK FORCE, WORKER, WORKERS, WORKFORCE, WORKING-AGE POPULATION, YOUNG PEOPLE, YOUNG WOMEN, YOUNG WORKERS, YOUTH UNEMPLOYMENT, YOUTH UNEMPLOYMENT RATES,
Online Access:	http://documents.worldbank.org/curated/en/2014/06/20318997/arab-republic-egypt-more-jobs-better-jobs-priority-egypt http://hdl.handle.net/10986/20584
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