National Qualification Framework and Competency StandardsSkills Promotion and Job Creation in East Asia and Pacific

10.1596/28605 ◽  
2016 ◽  
Author(s):  
Andrea Bateman ◽  
Xiaoyan Liang
2013 ◽  
Vol 04 (03) ◽  
pp. 1350014 ◽  
Author(s):  
MAREK HANUSCH

Was economic growth in East Asia jobless? An analysis of Okun's Law in eight countries between 1997 and 2011 suggests that it was not. However, there is considerable variation across countries. Generally, the effect of growth on employment magnifies in more flexible labor markets. Yet even under tight labor regulation, economic growth affects employment, especially in its composition. Agricultural employment moves counter-cyclically, as opposed to nonagricultural employment. The effect is particularly pronounced in periods of economic crisis, suggesting that agriculture serves as a shock-absorber for workers laid off in the industrial sector. Isolating nonagricultural employment reveals a stronger relationship between growth and job creation.


2017 ◽  
Author(s):  
Charles Holcombe
Keyword(s):  

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