Labor force participation in EMEs
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Tarih
2018
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Peter Lang AG
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The mortgage crisis in the US caused a financial crisis which effected the entire world economy. With the emergence of the global financial crisis, the shrinking of foreign trade throughout the world and the reduction of domestic demand have also reduced production. As a result, businesses have had to lower their capacities and this has adversely affected employment. The crisis effected emerging economies in different ways and in different degrees. This crisis was reflected to unemployment variable as well. The impact of the financial crisis on labor markets changed from country to country. Almost all developed countries and emerging countries felt the negative effects of the crisis on their labor markets. Emerging economies were less affected than the developed economies. The reason for this type of asset-based loans will produce financial derivatives markets in emerging economies is not widespread. The impact of the crisis on global economic activity contradiction in demand and production decline has led to a decrease in employment and increase in unemployment. This study investigates the impact of the global financial crisis on labor force participation (LFP) in emerging market economies (EMEs). In this chapter, the concepts of global finance crisis and labor participation rate are emphasized and the effects of the crisis are evaluated in the light of various indicators. In this context, a comparative analysis of emerging economies will be made. © Peter Lang GmbH.
Açıklama
Anahtar Kelimeler
Employment; Global financial crisis; Labor force participation
Kaynak
Issues in Emerging Market Economies
WoS Q Değeri
Scopus Q Değeri
N/A
