Inequality and the Labor Market

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Publisher : Brookings Institution Press
ISBN 13 : 0815738811
Total Pages : 263 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Inequality and the Labor Market by : Sharon Block

Download or read book Inequality and the Labor Market written by Sharon Block and published by Brookings Institution Press. This book was released on 2021-04-06 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring a new agenda to improve outcomes for American workers As the United States continues to struggle with the impact of the devastating COVID-19 recession, policymakers have an opportunity to redress the competition problems in our labor markets. Making the right policy choices, however, requires a deep understanding of long-term, multidimensional problems. That will be solved only by looking to the failures and unrealized opportunities in anti-trust and labor law. For decades, competition in the U.S. labor market has declined, with the result that American workers have experienced slow wage growth and diminishing job quality. While sluggish productivity growth, rising globalization, and declining union representation are traditionally cited as factors for this historic imbalance in economic power, weak competition in the labor market is increasingly being recognized as a factor as well. This book by noted experts frames the legal and economic consequences of this imbalance and presents a series of urgently needed reforms of both labor and anti-trust laws to improve outcomes for American workers. These include higher wages, safer workplaces, increased ability to report labor violations, greater mobility, more opportunities for workers to build power, and overall better labor protections. Inequality in the Labor Market will interest anyone who cares about building a progressive economic agenda or who has a marked interest in labor policy. It also will appeal to anyone hoping to influence or anticipate the much-needed progressive agenda for the United States. The book's unusual scope provides prescriptions that, as Nobel Laureate Joseph Stiglitz notes in the introduction, map a path for rebalancing power, not just in our economy but in our democracy.

Economic Principles and Problems

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Publisher : Taylor & Francis
ISBN 13 : 1317266498
Total Pages : 993 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Economic Principles and Problems by : Geoffrey Schneider

Download or read book Economic Principles and Problems written by Geoffrey Schneider and published by Taylor & Francis. This book was released on 2021-11-29 with total page 993 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Principles and Problems: A Pluralistic Introduction offers a comprehensive introduction to the major perspectives in modern economics, including mainstream and heterodox approaches. Through providing multiple views of markets and how they work, it leaves readers better able to understand and analyze the complex behaviors of consumers, firms, and government officials, as well as the likely impact of a variety of economic events and policies. Most principles of economics textbooks cover only mainstream economics, ignoring rich heterodox ideas. They also lack material on the great economists, including the important ideas of Adam Smith, Karl Marx, Thorstein Veblen, John Maynard Keynes, and Friedrich Hayek. Mainstream books tend to neglect the kind of historical analysis that is crucial to understanding trends that help us predict the future. Moreover, they focus primarily on abstract models more than existing economic realities. This engaging book addresses these inadequacies. Including explicit coverage of mainstream economics and the major heterodox schools of economic thought—institutionalists, feminists, radical political economists, post-Keynesians, Austrians, and social economists—it allows the reader to choose which ideas they find most compelling in explaining modern economic realities. Written in an engaging style and focused on real-world examples, this textbook brings economics to life. Multiple examples of how each economic model works, coupled with critical analysis of the assumptions behind them, enable students to develop a sophisticated understanding of the material. Digital supplements are also available for students and instructors. Economic Principles and Problems offers the most contemporary and complete package for any pluralist economics class.

Differences and Changes in Wage Structures

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226261840
Total Pages : 474 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Differences and Changes in Wage Structures by : Richard B. Freeman

Download or read book Differences and Changes in Wage Structures written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.

Fiscal Therapy

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Publisher : Oxford University Press
ISBN 13 : 0190645431
Total Pages : 362 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis Fiscal Therapy by : William G. Gale

Download or read book Fiscal Therapy written by William G. Gale and published by Oxford University Press. This book was released on 2019-03-01 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keeping the economy strong will require addressing two distinct but related problems. Steadily rising federal debt makes it harder to grow our economy, boost our living standards, respond to wars or recessions, address social needs, and maintain our role as a global leader. At the same time, we have let critical investments lag and left many people behind even as overall prosperity has grown. In Fiscal Therapy, William Gale, a leading authority on how federal tax and budget policy affects the economy, provides a trenchant discussion of the challenges posed by the imbalances between spending and revenue. America is facing a gradual decline as debt accumulates and delay raises the costs of action. But there is hope: fiscal responsibility aligns with both conservative and liberal goals and citizens of all stripes can support the notion of making life better for our children and grandchildren. Gale provides a plan to make the economy and nation stronger, one that controls entitlement spending but preserves and enhances their anti-poverty and social insurance roles, increases public investments on human and physical capital, and raises and reforms taxes to pay for government services in a fair and efficient way. What is needed, he argues, is to balance today's needs against tomorrow's obligations. We face significant fiscal challenges but, if we are wise enough to seize our opportunities, we can strengthen our economy, increase opportunity, reduce inequality, and build better lives for our children and grandchildren. We do not have to kill popular programs or starve government. Indeed, one main goal of fiscal reform is to maintain the vital functions that government provides. We need to act responsibly, pay for the government we want, and shape that government in ways that serve us best.

The New Americans

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Publisher : National Academies Press
ISBN 13 : 0309521424
Total Pages : 449 pages
Book Rating : 4.3/5 (95 download)

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Book Synopsis The New Americans by : Panel on the Demographic and Economic Impacts of Immigration

Download or read book The New Americans written by Panel on the Demographic and Economic Impacts of Immigration and published by National Academies Press. This book was released on 1997-10-28 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds light on one of the most controversial issues of the decade. It identifies the economic gains and losses from immigration--for the nation, states, and local areas--and provides a foundation for public discussion and policymaking. Three key questions are explored: What is the influence of immigration on the overall economy, especially national and regional labor markets? What are the overall effects of immigration on federal, state, and local government budgets? What effects will immigration have on the future size and makeup of the nation's population over the next 50 years? The New Americans examines what immigrants gain by coming to the United States and what they contribute to the country, the skills of immigrants and those of native-born Americans, the experiences of immigrant women and other groups, and much more. It offers examples of how to measure the impact of immigration on government revenues and expenditures--estimating one year's fiscal impact in California, New Jersey, and the United States and projecting the long-run fiscal effects on government revenues and expenditures. Also included is background information on immigration policies and practices and data on where immigrants come from, what they do in America, and how they will change the nation's social fabric in the decades to come.

Perspectives on the Performance of the Continental Economies

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Author :
Publisher : MIT Press
ISBN 13 : 0262015315
Total Pages : 511 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Perspectives on the Performance of the Continental Economies by : Edmund S. Phelps

Download or read book Perspectives on the Performance of the Continental Economies written by Edmund S. Phelps and published by MIT Press. This book was released on 2011 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: These chapters, written from widely varying perspectives demonstrates the shortcomings and strengths of some methods of econmoics as much as they do the shortcomings and strengths of some economies of Western continental Europe.

International Trade and Labor Markets

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Author :
Publisher : W.E. Upjohn Institute
ISBN 13 : 0880992743
Total Pages : 156 pages
Book Rating : 4.8/5 (89 download)

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Book Synopsis International Trade and Labor Markets by : Carl Davidson

Download or read book International Trade and Labor Markets written by Carl Davidson and published by W.E. Upjohn Institute. This book was released on 2004 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Globalization and Poverty

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226318001
Total Pages : 674 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Globalization and Poverty by : Ann Harrison

Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

OCR A Level Economics Book 2

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Author :
Publisher : Hodder Education
ISBN 13 : 1471829960
Total Pages : 540 pages
Book Rating : 4.4/5 (718 download)

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Book Synopsis OCR A Level Economics Book 2 by : Peter Smith

Download or read book OCR A Level Economics Book 2 written by Peter Smith and published by Hodder Education. This book was released on 2015-07-31 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exam Board: OCR Level: A-level Subject: Economics First Teaching: September 2015 First Exam: June 2017 This textbook has been fully revised for use with the new 2015 OCR Economics specification, giving you up-to-date material that supports your teaching. This book will enable students to: - Develop subject knowledge, with topic-by-topic insight and advice from Peter Smith, a senior lecturer in Economics and editor of Economic Review - Demonstrate awareness of current issues in economics and build analytical and evaluative skills with brand new case studies - Build their quantitative skills with worked examples - Accurately explain key economic concepts and issues by learning the key terms throughout the text and in the end-of-section glossaries Prepare for exams with practice questions and activities throughout the book

Let Their People Come

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 1944691065
Total Pages : 116 pages
Book Rating : 4.9/5 (446 download)

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Book Synopsis Let Their People Come by : Lant Pritchett

Download or read book Let Their People Come written by Lant Pritchett and published by Brookings Institution Press. This book was released on 2006-09-15 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Let Their People Come, Lant Pritchett discusses five "irresistible forces" of global labor migration, and the "immovable ideas" that form a political backlash against it. Increasing wage gaps, different demographic futures, "everything but labor" globalization, and the continued employment growth in low skilled, labor intensive industries all contribute to the forces compelling labor to migrate across national borders. Pritchett analyzes the fifth irresistible force of "ghosts and zombies," or the rapid and massive shifts in desired populations of countries, and says that this aspect has been neglected in the discussion of global labor mobility. Let Their People Come provides six policy recommendations for unskilled immigration policy that seek to reconcile the irresistible force of migration with the immovable ideas in rich countries that keep this force in check. In clear, accessible prose, this volume explores ways to regulate migration flows so that they are a benefit to both the global North and global South.

Understanding Social Welfare

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Author :
Publisher : Addison-Wesley Longman
ISBN 13 :
Total Pages : 456 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Understanding Social Welfare by : Ralph Dolgoff

Download or read book Understanding Social Welfare written by Ralph Dolgoff and published by Addison-Wesley Longman. This book was released on 1997 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Social Welfare introduces readers to the issues, historical influences, trends, methods of operation, and unresolved conflicts of American social welfare. This well-organized, comprehensive, and scholarly book is accessible to social workers and helps them acquire the basic tools for understanding, analyzing, and evaluating social welfare policies and programs. The book focuses on the impact of social structure on people's lives, emphasizing the current concerns of a diverse client population, and incorporating the latest social welfare legislation. For those involved with social welfare and policy.

Revisiting the Informal Sector

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Publisher : Springer Science & Business Media
ISBN 13 : 1441911944
Total Pages : 246 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Revisiting the Informal Sector by : Sarbajit Chaudhuri

Download or read book Revisiting the Informal Sector written by Sarbajit Chaudhuri and published by Springer Science & Business Media. This book was released on 2009-10-15 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides insight into the diverse aspects of the informal sector, its role in the context of unemployment, child labor, globalization and environment, as well as its multi-faceted interaction with the other sectors of the economy.

Economic Change and Wellbeing

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000434885
Total Pages : 145 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Economic Change and Wellbeing by : Fabio D'Orlando

Download or read book Economic Change and Wellbeing written by Fabio D'Orlando and published by Taylor & Francis. This book was released on 2021-09-01 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological progress and globalization have generated indisputable benefits, but also relevant costs, such as growing economic inequality, economic fluctuations, and financial instability. Mainstream economics has usually considered these costs as temporary, evenly distributed, and more than compensated by the gains of the phases of economic expansion. In this book, which focuses mainly (though not only) on the labor market, the authors contend that the major costs of the intensified process of creative destruction, through which economic change proceeded, have been ignored and the benefits overrated, thus incorrectly estimating the net impact of economic growth on subjective wellbeing. The book argues that the positive consequences of economic change and globalization may not compensate for the negatives, because psychological losses are felt more strongly than gains (due to loss aversion) and the costs are unequally distributed (those on low incomes disproportionately suffer more). The result is an overall reduction in wellbeing and therefore appropriate policies are necessary to allow more people to enjoy the benefits of technological progress without suffering the costs. The authors develop a comprehensive framework in which the socio-psychological context and educational level of a community determine the most suitable policies both for the short and for the long run. The book makes an invaluable contribution to the literature on economic growth and development, labor economics, the economics of wellbeing, and applications of behavioral economics. The readers that may be interested in this book are economists and other social scientists, but also general readers, since the analysis is maintained simple and accessible. University teachers can use the book for courses on economic growth and development, on labor economics, on the economics of human capital, on the economics of wellbeing, and on applications of behavioral economics.

Deterrence, Choice, and Crime, Volume 23

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Author :
Publisher : Routledge
ISBN 13 : 1351112694
Total Pages : 378 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Deterrence, Choice, and Crime, Volume 23 by : Daniel S. Nagin

Download or read book Deterrence, Choice, and Crime, Volume 23 written by Daniel S. Nagin and published by Routledge. This book was released on 2018-04-17 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deterrence, Choice, and Crime explores the various dimensions of modern deterrence theory, relevant research, and practical applications. Beginning with the classical roots of deterrence theory in Cesare Beccaria’s profoundly important contributions to modern criminological thought, the book draws out the many threads in contemporary criminology that are explicitly mentioned or at least hinted by Beccaria. These include sanction risk perceptions and their behavioral consequences, the deterrent efficacy of the certainty versus the severity of punishment, the role of celerity of punishment in the deterrence process, informal versus formal deterrence, and individual differences in deterrence. The richness of the volume is seen in the inclusion of chapters that focus on the theoretical development of deterrence across disciplines such as criminology and economics. In an innovative section, the role of agents of deterrence is considered. Lessons are learned from the practical applications of deterrence undertaken in the areas of policing, corrections, and the community. The closing section includes Michael Tonry’s "An Honest Politician’s Guide to Deterrence: Certainty, Severity, Celerity, and Parsimony," a reminder of Beccaria’s dictum that "it is better to prevent crimes than punish them." In the current environment, deterrence arguments are routinely used to justify policies that do just the opposite. Ray Paternoster, who contributed two chapters, passed away as this volume was being finalized. Fittingly, this book is dedicated to him and ends with Alex Piquero’s poignant remembrance of Ray, a path-breaking deterrence scholar, beloved mentor, and ardent supporter of social justice. Suitable for researchers and graduate students as well as for advanced courses in criminology, this book breaks new ground in theorizing the effects of punishment and other sanctions on crime control.

The Economic and Fiscal Consequences of Immigration

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Author :
Publisher : National Academies Press
ISBN 13 : 0309444454
Total Pages : 643 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis The Economic and Fiscal Consequences of Immigration by : National Academies of Sciences, Engineering, and Medicine

Download or read book The Economic and Fiscal Consequences of Immigration written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-07-13 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.

Labor Market Developments

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Author :
Publisher :
ISBN 13 :
Total Pages : 1026 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Labor Market Developments by :

Download or read book Labor Market Developments written by and published by . This book was released on 1963 with total page 1026 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Skills for the Labor Market in Indonesia

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821386158
Total Pages : 292 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Skills for the Labor Market in Indonesia by : Emanuela Di Gropello

Download or read book Skills for the Labor Market in Indonesia written by Emanuela Di Gropello and published by World Bank Publications. This book was released on 2011 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Indonesia, the past two decades have been a time of great progress but also massive transformations and abrupt setbacks. In this context, this book reviews the main characteristics of - and trends in - demand for skills in Indonesia. It seeks to document the existence of a possible skills mismatch between employer demands and the available supply, the contribution of the education and training sector to this mismatch, and possible measures to improve the education and training system's responsiveness to what the labor market and the economy need. In today's job market in Indonesia, there appears to be a premium on theoretical and practical knowledge of the job. While skills do not appear to be yet among the most important constraints for the economy, the situation is different for larger more export-oriented manufacturing firms. Subjective assessments of difficulties of matching needs with available skills provide evidence that skills are becoming an issue overall in Indonesia. The widest gaps across professional profiles are for English and computer skills followed by thinking and behavioral skills. Theoretical and practical knowledge of the job are also considered to be weak. There are important gaps in creativity, computing and some technical skills for young workers. English remains the largest gap. Five general skill related priorities can be highlighted for Indonesia. First, the country needs to improve skill measurement to get a fuller understanding of skill needs and gaps. Second, it is urgent for Indonesia to address the still unsatisfactory quality and relevance of its formal education, including higher education. Third, the country needs to set-up multiple pathways for skill development. Fourth, the country needs to develop an integrated approach to tackle skill development for youth. Fifth, Indonesia should also tackle labor market constraints which affect the skill matching process.