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Does Public Sector Employment Fully Crowd Out Private Sector Employment
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Book Synopsis Does Public-Sector Employment Fully Crowd Out Private-Sector Employment? by : Mr.Alberto Behar
Download or read book Does Public-Sector Employment Fully Crowd Out Private-Sector Employment? written by Mr.Alberto Behar and published by International Monetary Fund. This book was released on 2013-06-12 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: We quantify the extent to which public-sector employment crowds out private-sector employment using specially assembled datasets for a large cross-section of developing and advanced countries, and discuss the implications for countries in the Middle East, North Africa, Caucasus and Central Asia. These countries simultaneously display high unemployment rates, low private-sector employment rates and high proportions of government-sector employment. Regressions of either private-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that high rates of public employment, which incur substantial fiscal costs, have a large negative impact on private employment rates and do not reduce overall unemployment rates.
Book Synopsis Does Public-Sector Employment Fully Crowd Out Private-Sector Employment? by : Mr.Alberto Behar
Download or read book Does Public-Sector Employment Fully Crowd Out Private-Sector Employment? written by Mr.Alberto Behar and published by International Monetary Fund. This book was released on 2013-06-12 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: We quantify the extent to which public-sector employment crowds out private-sector employment using specially assembled datasets for a large cross-section of developing and advanced countries, and discuss the implications for countries in the Middle East, North Africa, Caucasus and Central Asia. These countries simultaneously display high unemployment rates, low private-sector employment rates and high proportions of government-sector employment. Regressions of either private-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that high rates of public employment, which incur substantial fiscal costs, have a large negative impact on private employment rates and do not reduce overall unemployment rates.
Book Synopsis Does Public-Sector Employment Fully Crowd Out Private-Sector Employment? by : Alberto Behar
Download or read book Does Public-Sector Employment Fully Crowd Out Private-Sector Employment? written by Alberto Behar and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employment matters for development because it can raise household income, lower inequality, promote economic growth, and contribute to political stability. Many countries have high rates of public employment, but what effect does this have on overall employment and unemployment rates? This paper investigates if and to what extent public-sector employment crowds out (reduces) private-sector employment. In particular, we estimate regressions of unemployment or private-sector employment on two measures of public-sector employment. The study uses an especially assembled dataset, which is novel for its coverage of a large sample of developing countries as part of a panel of rich and poor countries. Our results point to full or just about full crowding-out for the entire sample. Unlike previous cross-country studies, which were restricted to advanced economies, we are able to show that these results also apply to developing countries, although crowding-out may not be quite as high as in advanced economies. The results mean that high rates of public employment have an offsetting large negative impact on private employment rates and do not reduce overall unemployment rates. With the qualifier that government activities may help the economy in other ways, our results imply that, rather than creating public-sector jobs, scarce fiscal resources could be better spent on other developmental needs.
Book Synopsis Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges by : International Monetary Fund. Fiscal Affairs Dept.
Download or read book Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2016-08-04 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government compensation and employment policies are important for the efficient delivery of public services which are crucial for the functioning of economies and the general prosperity of societies. On average, spending on the wage bill absorbs around one-fifth of total spending. Cross-country variation in wage spending reflects, in part, national choices about the government’s role in priority sectors, as well as variations in the level of economic development and resource constraints.
Download or read book The Job Guarantee written by M. Murray and published by Springer. This book was released on 2013-01-07 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely collection will be the first of its kind to focus on the practical application of the government job guarantee (JG) for both developed and developing economies. Global case studies include: United States, China, Ghana, Argentina, Ireland, Iceland, and India.
Book Synopsis Unproductive Public Expenditures by : International Monetary Fund
Download or read book Unproductive Public Expenditures written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-04-04 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public expenditure policy, together with efforts to raise revenue,is at the core of efficient and equitable adjustment. Public expenditureproductivity has critical implications for fiscal adjustment, particularly as the competition for limited public resources intensifies.By providing a framework for defining and analyzing public expenditureproductivity and unproductive expenditures, this pamphlet discusseshow economic policymakers may approach these issues.
Book Synopsis The Government Analytics Handbook by : Daniel Rogger
Download or read book The Government Analytics Handbook written by Daniel Rogger and published by World Bank Publications. This book was released on 2023-10-20 with total page 1197 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government Analytics Handbook presents frontier evidence and practitioner insights on how to leverage data to strengthen public administration. Covering a range of microdata sources—such as administrative data and public servant surveys—as well as tools and resources for undertaking the analytics, it transforms the ability of governments to take a data-informed approach to diagnose and improve how public organizations work. Readers can order the book as a single volume in print or digital formats, or visit worldbank.org/governmentanalytics for modular access and additional hands-on tools. The Handbook is a must-have for practitioners, policy makers, academics, and government agencies. “Governments have long been assessed using aggregate governance indicators, giving us little insight into their diversity and how they can practically be improved. This pioneering handbook shows how microdata can be used to give scholars and practitioners granular and real insights into how states work, and practical guidance on the process of state-building.†? —Francis Fukuyama, Stanford University, author of State-Building: Governance and World Order in the 21st Century “The Government Analytics Handbook is the most comprehensive work on practically building government administration I have ever seen, helping practitioners to change public administration for the better.†? —Francisco Gaetani, Special Secretary for State Transformation, Government of Brazil “The machinery of the state is central to a country’s prosperity. This handbook provides insights and methodological tools for creating a better shared understanding of the realities of a state, to support the redesign of institutions, and improve the quality of public administration.†? —James Robinson, University of Chicago, coauthor of Why Nations Fail
Book Synopsis Building Inclusive Labour Markets in Kazakhstan A Focus on Youth, Older Workers and People with Disabilities by : OECD
Download or read book Building Inclusive Labour Markets in Kazakhstan A Focus on Youth, Older Workers and People with Disabilities written by OECD and published by OECD Publishing. This book was released on 2017-07-13 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a review of the labour market and social policies that could help Kazakhstan in its dual objectives of building more inclusive labour markets, while maintaining a path of strong growth.
Book Synopsis The Macroeconomics of the Arab States of the Gulf by : Raphael Espinoza
Download or read book The Macroeconomics of the Arab States of the Gulf written by Raphael Espinoza and published by OUP Oxford. This book was released on 2013-10-31 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economies of the Arab states of the Gulf have gone through considerable changes in the last decade, spurred by high oil prices and ambitious diversification plans. Large-scale immigration provided the labour force while capital inflows and financial development leveraged oil wealth to finance diversification. The collapse in real estate prices around the world followed by the global crisis slowed growth and raised questions on the appropriateness of what has been dubbed the 'GCC model'. The Gulf Cooperation Council (GCC) countries have thus far managed to leverage their large natural resource wealth to achieve economic prosperity and finance social advances, and the region also emerged as an important source of funds for the other countries in the Middle East. Nevertheless, the GCC face several challenges. Productivity growth must increase to fully reap the benefits of investment. Jobs must be created for the nationals and the growing youth population. State intervention (which is prevalent, given that oil revenues accrue to the government) must become efficient and be used to diversify and modernize the economy. In addition, the recent crisis highlighted the importance of fiscal, monetary, and financial stability policies to manage macroeconomic cycles. This book analyses these issues and combines data and econometric analysis with theoretical discussions. It concludes with a discussion of the importance of the GCC for the wider region.
Book Synopsis Botswana by : International Monetary Fund. African Dept.
Download or read book Botswana written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-09-23 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper examines fiscal policy implications for labor market and economic diversification in Botswana. The IMF report analyzes that large public employment significantly affect labor market outcomes in middle-income countries, including Botswana. It is noted that reforms aimed at reducing the rents and the size of the public sector is likely to significantly improve market outcomes in Botswana. As part of efforts to find new engines of growth and support sustainable long-term and broad-based growth, Botswana has over the years also vigorously pursued policies to diversify the economy.
Book Synopsis Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council by : Mr.Alberto Behar
Download or read book Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council written by Mr.Alberto Behar and published by International Monetary Fund. This book was released on 2015-08-18 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results indicate that the employment response is lower for nationals, who have an estimated short-run elasticity of only 0.15 and a long-run response of 0.7 or less. The elasticity is almost unity for expatriates in the long run and 0.35 in the short run. We interpret low elasticities as indirect evidence of labor market adjustment costs, which could include hiring and firing rigidities, skills mismatches, and reluctance to accept private sector jobs. Forecasts suggest that, absent measures to reduce adjustment costs, the private sector will only be able to absorb a small portion of nationals entering the labor force.
Book Synopsis Citizens and the State in Authoritarian Regimes by : Karrie J. Koesel
Download or read book Citizens and the State in Authoritarian Regimes written by Karrie J. Koesel and published by . This book was released on 2020 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: The revival of authoritarianism is one of the most important forces reshaping world politics today. However, not all authoritarians are the same. To examine both resurgence and variation in authoritarian rule, Karrie J. Koesel, Valerie J. Bunce, and Jessica Chen Weiss gather a leading cast of scholars to compare the most powerful autocracies in global politics today: Russia and China. The essays in Citizens and the State in Authoritarian Regimes focus on three issues that currently animate debates about these two countries and, more generally, authoritarian political systems. First, how do authoritarian regimes differ from one another, and how do these differences affect regime-society relations? Second, what do citizens think about the authoritarian governments that rule them, and what do they want from their governments? Third, what strategies do authoritarian leaders use to keep citizens and public officials in line and how successful are those strategies in sustaining both the regime and the leader's hold on power? Integrating the most important findings from a now-immense body of research into a coherent comparative analysis of Russia and China, this book will be essential for anyone studying the foundations of contemporary authoritarianism.
Book Synopsis Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries by : Ara Stepanyan
Download or read book Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries written by Ara Stepanyan and published by International Monetary Fund. This book was released on 2015-01-23 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many governments have initiated public employment programs or expanded the existing ones in response to high unemployment. However, in many middle-income countries, a relatively large government coexists with persistently high unemployment. This paper explores the question of whether public employment gives rise to distortions in the labor market in the medium to long-run. Our findings do not provide any evidence that public employment reduces unemployment rate. The analysis in this paper shows that large public employment does significantly affect labor market outcomes in middle-income countries and leads to job destruction in the private sector. The extent of the impact is largely influenced by the degree of substitutability between public and private production and the size of the rents in the public sector.
Book Synopsis Gulf Cooperation Council (GCC) - Labor Market Reforms to Boost Employment and Productivity in the GCC by : International Monetary Fund
Download or read book Gulf Cooperation Council (GCC) - Labor Market Reforms to Boost Employment and Productivity in the GCC written by International Monetary Fund and published by International Monetary Fund. This book was released on 2013-11-13 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The GCC growth model has delivered substantial improvements in living standards over several decades. Access to foreign labor has supported rapid growth in the non-oil sector and price stability in the region. It has also resulted in positive spillovers to the migrant-sending countries through large remittance flows. At the same time, governments have increased public-sector employment and have helped raise standards of living. However, the growth model has involved costs: the public-sector wage bill is relatively high, there is limited employment of nationals in the private sector, labor productivity has declined or stagnated, and there is limited progress on economic diversification
Book Synopsis Public Wage Bills in the Middle East and Central Asia by : Ms.Natalia T. Tamirisa
Download or read book Public Wage Bills in the Middle East and Central Asia written by Ms.Natalia T. Tamirisa and published by International Monetary Fund. This book was released on 2018-01-09 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation, to our knowledge, this is the first study to systematically examine, with a focus on the Middle East and Central Asia region, the recent trends and drivers of public wage bills in the region and to identify key policy implications.
Book Synopsis The Autocratic Middle Class by : Bryn Rosenfeld
Download or read book The Autocratic Middle Class written by Bryn Rosenfeld and published by Princeton University Press. This book was released on 2020-12 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The conventional wisdom is that a growing middle class will give rise to democracy. Yet the middle classes of the developing world have grown at a remarkable pace over the past two decades, and much of this growth has taken place in countries that remain nondemocratic. Rosenfeld explains this phenomenon by showing how modern autocracies secure support from key middle-class constituencies. Drawing on original surveys, interviews, archival documents, and secondary sources collected from nine months in the field, she compares the experiences of recent post-communist countries, including Russia, the Ukraine, and Kazakhstan, to show that under autocracy, state efforts weaken support for democracy, especially among the middle class. When autocratic states engage extensively in their economies - by offering state employment, offering perks to those to those who are loyal, and threatening dismissal to those who are disloyal - the middle classes become dependent on the state for economic opportunities and career advancement, and, ultimately, do not support a shift toward democratization. Her argument explains why popular support for Ukraine's Orange Revolution unraveled or why Russians did not protest evidence of massive electoral fraud. The author's research questions the assumption that a rising share of educated, white-collar workers always makes the conditions for democracy more favorable, and why dependence on the state has such pernicious consequences for democratization"--
Download or read book Informality written by Guillermo Perry and published by World Bank Publications. This book was released on 2007 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. This book uses two distinct but complementary lenses. It concludes that reducing informality levels and overcoming the "culture of informality" will require actions to increase aggregate productivity in the economy.
