IIF Authors

Status: Will be live at 01/26/2021 07:10

Economic Views: Can EMs Create Enough Jobs?

  • COVID-19 derailed global growth and EMs are still recovering.
  • Beyond cyclical fluctuations, EM growth is on a secular decline, …
  • possibly making it difficult to create enough jobs in the medium term.
  • We estimate the relationship between growth and job creation in EM.
  • Many EMs aren’t growing enough to attain good labor market outcomes.