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Labor market performance in developing countries - a survey (English)

The social efficiency of labor markets in developing countries in the allocation of the supply of labor time and skills is assessed. Conventionally, open urban unemployment and disguised unemployment in agriculture have been considered symptoms of the poor performance, but the survey indicates that this relationship is not a casual one. The shifts of the labor force in response to shifts in demand have been impressive; unemployment and other types of market malfunctions are less serious misallocations than they appear. There seems to be no reason to presume that poverty is a manifestation of labor market failure, although links between labor market pathologies and the distribution of income do exist. Numerous references.




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Berry, A. Sabot, R.

Labor market performance in developing countries - a survey (English). World Bank reprint series ; no. REP 85 Washington, D.C. : World Bank Group.