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Should we still believe the IMF?
Since the end of the 1970s, the International Monetary Fund (IMF) and the World Bank have advised developing countries to adopt pro-growth policies, supposed to be a vector for jobs and well-being. But in many cases, these reforms have led to growth without jobs. The English economist John Williamson named […]
Read all posts for ‘jobs’
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Is there a “Home” to return to?
Migrants who come back home can return with valuable new skills and contacts that can positively affect their home countries’ job market. But matters of identity, questions of belonging and shame at returning empty-handed can overwhelm purely economic concerns. This year’s Berlin Film Festival showed two films dealing with characters […]
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The Unemployed Mind: Pakistan’s Unemployment Problem Explained
To give the country credit, Pakistan is one of the few countries in the world to not obey the Okun’s Law which observes a ~2 percent decrease in GDP for every percent increase in unemployment.
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Qualified Yet Unemployed: The Plight of Educated Young People in Sri Lanka
Sanjana Wickramasinghe, a 23 year-old hotel receptionist in Kandy, spends a good part of her morning browsing through job portals online and newspapers looking for a better opportunity. “I feel like I’m not doing justice to my education: with a degree in hotel management, I’m stuck here answering calls every […]
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EU Leaders’ Jobs Promise: The more they talk, the less they do
Was it the fact that both the IMF and the World Bank warned that the eurozone’s economic mismanagement could trigger another global recession? Or that the world’s economic and political elite was dismayed by Angela Merkel’s business-as-usual speech in Davos? Or perhaps because the EU was due to announce that […]