Constraints to Growth and Job Creation in Low-Income Commonwealth of Independent States Countries

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dc.creatorVerme, Paolo
dc.date2012-06-21T20:25:28Z
dc.date2012-06-21T20:25:28Z
dc.date2006-04
dc.date.accessioned2026-07-01T00:57:49Z
dc.descriptionDespite sustained output growth since 1997, low-income Commonwealth of Independent States (CIS) countries (CIS-7) have not experienced growth in employment, a phenomenon observed elsewhere in transitional economies and labeled as "jobless growth." The author addresses the causes of this phenomenon in the CIS-7. He argues that the lack of job creation is explained by a combination of structural factors, including capital-intensive growth, large potential for productivity gains among existing workers, and compartmentalized economies best depicted by a dual labor market framework. Agriculture and industry have performed asymmetrically and grown apart during the recession and during the growth periods. Agriculture provides subsistence and refuge from urban poverty and unemployment but is unable to grow beyond subsistence because it is disconnected from industrial manufacturing and because the agricultural infrastructure is depleted and underinvested. Industry has progressively lost its manufacturing capacity, and focuses on capital-intensive, highly productive sectors, and provides good wages for the few highly skilled workers. With governments and the international community currently refraining from investing in agricultural and industrial policies focused on reviving manufacturing, jobless growth is likely to persist.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2006/04/6731309/constraints-growth-job-creation-low-income-commonwealth-independent-states-countries
dc.identifierhttps://hdl.handle.net/10986/8711
dc.identifierhttps://doi.org/10.1596/1813-9450-3893
dc.identifier.urihttp://hdl.handle.net/123456789/413574
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper; No. 3893
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectABSOLUTE TERMS
dc.subjectACTIVE LABOR
dc.subjectACTIVE LABOR MARKET
dc.subjectACTIVE LABOR MARKET PROGRAMS
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectAGRICULTURE
dc.subjectBANK DEPOSITS
dc.subjectCENTRAL ASIAN
dc.subjectDEBT
dc.subjectDEFLATORS
dc.subjectDEVALUATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT PROCESSES
dc.subjectECONOMIC BARRIERS
dc.subjectECONOMIC CONDITIONS
dc.subjectECONOMIC CONSEQUENCES
dc.subjectECONOMIC DECLINE
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC REFORM
dc.subjectECONOMIC REFORMS
dc.subjectEDUCATED WORKERS
dc.subjectELASTICITY
dc.subjectEMPLOYMENT
dc.subjectEMPLOYMENT GROWTH
dc.subjectEMPLOYMENT POLICY
dc.subjectEMPLOYMENT SHARE
dc.subjectEMPLOYMENT TRENDS
dc.subjectENTRY BARRIERS
dc.subjectEXCESS SUPPLY
dc.subjectEXISTING WORKFORCE
dc.subjectEXPORTS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SYSTEMS
dc.subjectFULL EMPLOYMENT
dc.subjectGDP
dc.subjectGNP
dc.subjectGNP PER CAPITA
dc.subjectHOUSEHOLD SURVEY
dc.subjectINCOME
dc.subjectINCOME SUPPORT
dc.subjectINDUSTRIAL DEVELOPMENT
dc.subjectINDUSTRIAL SECTOR
dc.subjectINDUSTRIAL WAGES
dc.subjectINDUSTRIALIZATION
dc.subjectINFORMAL SECTOR
dc.subjectJOB CREATION
dc.subjectJOB PLACEMENT
dc.subjectJOBLESS GROWTH
dc.subjectJOBS
dc.subjectLABOR COST
dc.subjectLABOR DEMAND
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET FRAMEWORK
dc.subjectLABOR MARKET INDICATORS
dc.subjectLABOR MARKET SEGMENTATION
dc.subjectLABOR MARKETS
dc.subjectLABOR OFFICES
dc.subjectLABOR PRODUCTIVITY
dc.subjectLABOR SHORTAGES
dc.subjectLAND REFORMS
dc.subjectLEVEL OF OUTPUT
dc.subjectLOW EMPLOYMENT
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectMERCHANTS
dc.subjectNATURAL RESOURCES
dc.subjectOCCUPATION
dc.subjectOPEN UNEMPLOYMENT
dc.subjectOUTPUT GROWTH
dc.subjectOUTPUT PER CAPITA
dc.subjectOUTPUT STRUCTURE
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL INSTABILITY
dc.subjectPOOR PEOPLE
dc.subjectPOOR POLICIES
dc.subjectPOSITIVE EXTERNALITIES
dc.subjectPOVERTY RATE
dc.subjectPOVERTY REDUCTION
dc.subjectPREVIOUS SECTION
dc.subjectPRIVATE SECTOR
dc.subjectPRO-POOR
dc.subjectPRODUCTIVITY GAINS
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectREAL WAGES
dc.subjectRECESSION
dc.subjectRECOMMENDATIONS
dc.subjectRETAIL TRADE
dc.subjectRURAL AREAS
dc.subjectSECTOR REFORMS
dc.subjectSKILLED LABOR
dc.subjectSKILLED WORKERS
dc.subjectSMALL BUSINESSES
dc.subjectTOTAL EMPLOYMENT
dc.subjectUNEMPLOYED
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT COMPENSATION
dc.subjectUNEMPLOYMENT FIGURE
dc.subjectUNEMPLOYMENT FIGURES
dc.subjectUNEMPLOYMENT RATE
dc.subjectUNEMPLOYMENT RATES
dc.subjectURBAN AREAS
dc.subjectURBAN POVERTY
dc.subjectVALUE ADDED
dc.subjectWAGE DIFFERENTIALS
dc.subjectWESTERN EUROPE
dc.subjectWORKERS
dc.titleConstraints to Growth and Job Creation in Low-Income Commonwealth of Independent States Countries

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