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Dealing with employment risk: policy options for emerging markets

Simon Commander ()
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Simon Commander: EBRD, IE Business School and Altura Advisers

No HDRP-2010-30, Human Development Research Papers (2009 to present) from Human Development Report Office (HDRO), United Nations Development Programme (UNDP)

Abstract: The paper looks at the experience of advanced economies in dealing with employment volatility. It examines in detail the impact of labour market institutions on equilibrium unemployment and the possible lessons for emerging market economies trying to design policy for dealing with unemployment and a wider, growing demand for social protection from their citizens. Part of the paper concentrates on the transition economies whose institutional context may be relevant to other emerging markets. Some leading principles in policy design are elaborated that take into account some of the common features of emerging markets, notably a protected public sector, large informal sectors and weak institutions .

Keywords: human development; employment; unemployment; labour market; emerging markets; social protection (search for similar items in EconPapers)
JEL-codes: O15 H53 J21 J65 J68 (search for similar items in EconPapers)
Pages: 71 pages
Date: 2010-11
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Published as background research for the 2010 Human Development Report.

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