POLI 340 Lecture Notes - Iranian Revolution, Water Scarcity, Human Development Index
Document Summary
With population growth comes growth of the labour force. If you don"t create jobs, your economic growth will suffer bc unemployment will be high. Youth bulges in middle east, which are potentially very beneficial economically, if there are jobs the productivity will skyrocket. Unemployment statistics in me indicate high unemployment, but there are problems with this because they don"t take into account employment in the informal economy or whether people are appropriately employed (employment which corresponds to their education) In 1980s, in me there was rapid growth of educational attainment, which creates a political problem because there is a mass of young educated people who can"t get work, have time/energy to organize and protest. Low levels of flfp: consequences of this are a mass of untapped workers and skills so economic growth suffers. Weak governance: little accountability and poor administrative capacity.