Topics in Middle Eastern and North African Economies
Document Type
Article
Publication Date
9-1-2022
Abstract
The Arab countries of the MENA region adopted a state-led development path in the sixties and seventies. Since then, the government and the public sector have become the main owners of factors of production and labor force employers (Cammett et al., 2015). Salehi-Isfahani (2012) projected high youth unemployment rate to be a key challenge. The purpose of this paper is to qualitatively discuss the development of youth unemployment over time in the Arab world and empirically examine the determinants of youth unemployment. Data shows that high youth unemployment is a challenge. Using system GMM estimation methodology and panel data on the period 2007-2017, empirical evidence shows that labor market efficiency and growth reduce youth unemployment rate, while education quality increases it. The results shed light on the needed policies to tackle youth unemployment and achieve social stability.
Journal Title
Topics in Middle Eastern and North African Economies
ISSN
2334-282X
Publisher
Middle East Economic Association and Loyola University Chicago
Volume
24
Issue
2
Recommended Citation
Mina, Wasseem, "Labor Market Efficiency and Youth Unemployment in the MENA Region". Topics in Middle Eastern and North African Economies, electronic journal, 24, 2, Middle East Economic Association and Loyola University Chicago, 2022, http://www.luc.edu/orgs/meea/
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This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.
Copyright Statement
© The Author, 2022
Comments
Presentation of the articles in the Topics in Middle Eastern and North African Economies was made possible by a limited license granted to Loyola University Chicago and Middle East Economics Association from the authors who have retained all copyrights in the articles.