The results of previous research suggest that the elasticity of employment with respect to output is not constant within each phase of the business cycle and might depend on the maturity of that phase. Nevertheless, empirical evidence is almost non-e...
This study examines the validity of Okun’s law in Romania over the period 1994–2024, with a particular focus on the sustainability and inclusiveness of economic growth. The empirical analysis uses annual data from the World Bank’s W...
The main objective of this paper is to examine the relationship between employment and economic growth in developed and developing countries over the period of 1970–2019. As documented in the literature in the past, economic growth in most deve...
This article takes a critical view on austerity policy and examines its social and economic consequences for the case of Greece. By introducing the concept of “growthless employment” it demonstrates that the implementation of internal dev...
Whether Kaldor’s three growth laws still operate in commodity-dependent middle-income economies—and through what transmission mechanism—is an open empirical question after three decades of trade liberalisation, financial opening, an...
This study examines the interplay between foreign direct investment (FDI) and unemployment on economic growth in South Africa from 1998 to 2024. Since South Africa is one of the major recipients of FDI on the continent, it has faced chronic unemploym...
Youth unemployment remains a pressing issue in many emerging economies, where educational disparities and demographic pressures interact in complex ways. This study investigates the links between higher-education enrolment, demographic structure and...
Livelihood encompasses the resources and capabilities that individuals and households utilize to ensure their survival and to enhance their well-being. This study examined the impact of the Bole Lemi Industry Park on livelihood systems in Addis Ababa...
Sustainable regional development requires understanding how entrepreneurship and unemployment co-evolve. This study investigates this relationship across Türkiye’s 26 Nomenclature of Territorial Units for Statistics 2 regions over the 2007...
21 September 2017
Despite pervasiveness of the market forces and supplementary role of the state and in some cases, even civil society organisations, there are unmet social needs which remain unaddressed by the existing institutions. With industrial growth becoming jo...