Download or read book Labor Market Policies and Unemployment in Morocco written by Pierre-Richard Agénor and published by World Bank Publications. This book was released on 2003 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors study the impact of labor market policies on unemployment in Morocco. They begin by reviewing the main features of the labor market. Then they present a quantitative framework that captures many of these features-such as a large public sector, high redundancy payments, powerful trade unions, and international labor migration. The authors simulate the impact of a cut in the minimum wage and a reduction in payroll taxation. The results indicate that these policies may have a significant impact in the short term on open unskilled unemployment. But they also show that labor market reforms, to be effective in the long run, may need to be accompanied by offsetting changes in the budget to avoid crowding-out effects on private investment.
Download or read book Labor Market Policies and Unemployment in Morocco written by Pierre-Richard Agenor and published by . This book was released on 2016 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agenor and El Aynaoui study the impact of labor market policies on unemployment in Morocco. They begin by reviewing the main features of the labor market. Then they present a quantitative framework that captures many of these features - such as a large public sector, high redundancy payments, powerful trade unions, and international labor migration. The authors simulate the impact of a cut in the minimum wage and a reduction in payroll taxation. The results indicate that these policies may have a significant impact in the short term on open unskilled unemployment. But they also show that labor market reforms, to be effective in the long run, may need to be accompanied by offsetting changes in the budget to avoid crowding-out effects on private investment.This paper - a joint product of the Poverty Reduction and Economic Management Division, World Bank Institute and Poverty Reduction and Economic Management 2, Africa Technical Families - is part of a larger effort in the Bank to understand the impact of labor market reforms on growth and unemployment.
Download or read book Morocco s Jobs Landscape written by Gladys Lopez-Acevedo and published by World Bank Publications. This book was released on 2021-03-20 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report sheds light on major labor market issues and challenges that Morocco faces. It is the first phase of the programmatic jobs program jointly undertaken with the government of Morocco. The report is a jobs diagnostic that analyzes microdata mainly from Labor Force Surveys and employs new analytical methods to identify the main trends in the labor market. The key challenges that emerge will provide the basis for a deeper analysis and policy formulation in the next phase of this program. "Morocco’s Jobs Landscape" identifies four priorities: accelerate structural transformation to create more and better jobs in higher-productivity sectors, encourage formalization and improve the quality of jobs, increase female labor force participation, and address youth inactivity and its long-term consequences. Morocco has made significant economic progress over the past 20 years, which has raised the living standards of its people. However, Morocco’s economic growth has not been labor-intensive enough to absorb its growing working-age population. It has had a low capacity to generate jobs, and the rate of job creation slowed after the 2008 financial crisis. Morocco is trying to overcome the “middle-income trap,†? which has been preventing its convergence with more affluent middle-income countries. The government of Morocco has called for a new inclusive development model. The new model must address regional development imbalances, facilitate inclusion for youth and women, and continue to foster labor force skills upgrading. The COVID-19 pandemic and resultant safety measures have halted or slowed economic activity, which is worsening the labor market situation. The pandemic undoubtedly complicates prospects for jobs-led growth, and it will make the challenges highlighted in this report even more urgent and deserving of policy makers’ attention.
Download or read book The Macroeconomic Effects of Labor and Product Market Reforms in Morocco written by Mr.Babacar Sarr and published by International Monetary Fund. This book was released on 2019-10-11 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp) of GDP growth and reduce unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more effective if this reform takes place after the implementation of LMRs and PMRs.
Download or read book Assessing Interactions Among Education Social Insurance and Labor Market Policies in Morocco written by Mohamed A. Marouani and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Morocco written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2019-07-16 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper studies the potential for well-sequenced labor and product market reforms to play a more important role in promoting growth and job creation in Morocco. A Dynamic General Equilibrium model is used to assess the macroeconomic effects of different reform scenarios (isolated, coordinated, or sequenced) that reduce hiring costs and/or firms’ entry costs in the presence of a large informal sector. The paper highlights that reforms are most effective if executed in a coordinated fashion, as implementing simultaneous reforms in the labor and product markets could add about 2.5 percent of gross domestic product growth and reduce unemployment by about 2.2 percentage points after five years. If reforms are to be introduced sequentially, due for instance to capacity or political economy constraints, starting with product market reforms is more effective in boosting output in the short-run while starting with labor market reforms would reduce unemployment faster.
Download or read book Assessing Interactions Among Education Social Insurance and Labor Market Policies in a General Equilibrium Framework written by Mohamed A. Marouani and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a general equilibrium model to analyze the marginal and joint impacts that alternative macroeconomic, education, and social protection policies have on the dynamics of employment and unemployment by skill level. The model introduces a disaggregated treatment of the labor market that incorporates an informal sub-sector in every sector of the economy. The analysis explicitly models the distribution of skills in the labor force by following over time sex-age cohorts across various levels of the education system and in the labor market. And it integrates a module that projects the revenues and expenditures of the pension system. The model is applied to the case of Morocco. Simulations show that even under positive assumptions regarding economic growth, unemployment rates are likely to remain close to current levels in the next decade. The paper argues that only an integrated package of policies that affect the macro-economy, the investment climate, and the education and social protection systems would allow sustainable creation of enough "good quality" jobs.
Download or read book Assessing Interactions Among Education Social Insurance and Labor Market Policies in a General Equilibrium Framework written by Mohamed Ali Marouani and published by . This book was released on 2016 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a general equilibrium model to analyze the marginal and joint impacts that alternative macroeconomic, education, and social protection policies have on the dynamics of employment and unemployment by skill level. The model introduces a disaggregated treatment of the labor market that incorporates an informal sub-sector in every sector of the economy. The analysis explicitly models the distribution of skills in the labor force by following over time sex-age cohorts across various levels of the education system and in the labor market. And it integrates a module that projects the revenues and expenditures of the pension system. The model is applied to the case of Morocco. Simulations show that even under positive assumptions regarding economic growth, unemploymentrates are likely to remain close to current levels in the next decade. The paper argues that only an integrated package of policies that affect the macro-economy, the investment climate, and the education and social protection systems would allow sustainable creation of enough quot;good qualityquot; jobs.
Download or read book Unlocking the Employment Potential in the Middle East and North Africa written by World Bank and published by World Bank Publications. This book was released on 2003 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Employment Problems and Policies in Developing Countries written by Willy van Rijckeghem and published by Gower Publishing Company, Limited. This book was released on 1976 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Morocco s Growth and Employment Prospects written by Emmanuel Pinto Moreira and published by . This book was released on 2019 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies Morocco's growth and employment prospects in the context of a new growth model aimed at allowing the country, in a rapidly changing international environment marked by increased competition from low-wage economies and growing automation of low-skilled jobs, to avoid falling into a middle-income trap. The first part reviews the growth model that Morocco has pursued in the past few decades and discusses its limitations going forward. The second part characterizes the proposed growth model, which involves, in particular, promoting the transition from labor-intensive imitation activities to technology-intensive innovation activities, increasing public investment in advanced infrastructure, improving the quality of education, improving productivity and increasing value added in key sectors (including agriculture, high-end tourism, and renewable energy), and implementing measures designed to promote women's participation in the labor force and reduce gender inequality. The third part attempts to quantify the medium-run effects of these policies on growth, employment, and unemployment in Morocco. The paper concludes that to achieve high-income status and reduce unemployment significantly, Morocco will need to implement far-reaching reforms, to increase growth to a range of 6-7 percent and improve employment creation to about 35,000 jobs per percentage point of growth.
Download or read book Contribution of Labour Market Policies and Institutions to Inclusion Through Employment Equal Opportunities and the Formalisation of the Informal Economy written by Aomar Ibourk and published by . This book was released on 2012 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Contribution of Labour Market Policies and Institutions to Employment Equal Opportunities and the Formalisation of the Informal Economy written by Aomar Ibourk and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unlocking the Employment Potential in the Middle East and North Africa written by World Bank and published by World Bank Publications. This book was released on 2004 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the Middle East and Africa (MENA region), the key to their economic future will be determined by the fate of their indigenous labour markets. The challenge for this part of the world is to create 100 million jobs. Such an objective is hampered by the already prevailing economic conditions. All MENA countries are suffering from high unemployment, which is directly effecting women, the young, and the educated, but at the same time has the fastest growing labour market in the world. This title argues that meeting this employment challenge will require the transformation of the regions societies and economic structures as well as a new development model based on a reinvigorated private sector, greater integration into the world economy, and better management of oil resources. These drivers of future growth and job creation will require, moreover, a foundation of better governance and a new social contract.
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Unemployment Status in Employment and Wages in Morocco written by Brahim Boudarbat and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: High unemployment rates among educated workers in Morocco and many other developing countries is a serious issue. The worsening unemployment problem among educated workers in Morocco started with the cuts to public sector hiring under structural adjustment policies implemented in 1983. Thus, this paper analyzes the evolution of the determinants of employment and the status in employment and wages in this country after 1983 using a cohort approach. Estimates based on microdata from the 1998 Moroccan labour force survey confirm the deterioration in employment of educated workers after 1983. The results also show that the contraction of employment opportunities has increased the probability of considering self-employment as an alternative to unemployment, except for university graduates who still prefer paid work and, consequently, risk long periods of unemployment. Results also exhibit a significant decline over time in returns to education, whereas paid employment opportunities and wages have improved for uneducated workers.
Download or read book Trade Liberalization and Local Labor Markets in Morocco written by Jaime Alfonso Roche Rodriguez and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Morocco's trade liberalization policies have promoted economic progress over the past two decades. However, effects on Morocco's local labor market outcomes vary. By combining three complementary approaches and modeling techniques, this paper estimates: (i) how trade agreements have increased trade flows, (ii) the relationship between trade exposure and mixed local labor market outcomes, and (iii) the relationship between firm employment and exports. Our results show that trade policy has increased trade flows, but this has led to mixed results for workers: increased trade has decreased informality but has failed to improve female labor force participation (FLFP). This appears to be due to a shift from female labor-intensive industries, such as apparel and textile sectors, to capital-intensive sectors that are predominantly male-intensive. Our firm level analysis confirms these results by showing that increase in employment from exports has occurred mainly in male, labor-intensive sectors.
