Publications /
Policy Paper

Back
Addressing the Youth Unemployment Challenge: International Lessons Learned that can be useful for Morocco
Authors
Thomas awazu pereira da silva
March 30, 2018

Current levels of youth unemployment have hovered much higher than average unemployment in many developed and developing countries. European and MENA region countries are the hardest hit with rates climbing to record highs following the global financial crisis. In addition to a specific sensitivity to cyclical economic activity, the main factors that explain youth unemployment are known but more striking in Morocco than in the rest of the world: demographic trends in youth labor force participation; skills mismatches; and labor market rigidity are present. In order to tackle its youth unemployment problem Morocco can use policies resulting from lessons learned internationally such as active labor market policies, more adequate minimum wage settings, more flexible contracts, initiatives to acquire new skills related to current technological changes; and finally, more public-private partnerships (PPP). It is important that the issue of youth unemployment is addressed promptly when youth unemployment rates are high because of the strong correlation between youth unemployment and socio-economic and political instability.

RELATED CONTENT

  • Authors
    Lemine Ould M. Salem
    June 13, 2018
    On 29 May 2018, at the Summit organized by French President Emmanuel Macron at the Palais de l'Elysée in Paris, the four main players in the Libyan crisis approved a "Political Declaration on Libya" calling for the organization of both legislative and presidential elections on 10 December next. This "historic" text, as described by the French Head of State, is nevertheless in jeopardy given the complexity of the current situation in Libya. There have been countless initiatives to b ...
  • Authors
    الأمين ولد سالم
    June 13, 2018
    خلال القمة التي عقدها الرئيس الفرنسي إيمانويل ماكرون في قصر الإليزيه بباريس في 29 مايو 2018، صادق الفاعلون الرئيسيون الأربعة في الأزمة الليبية على "الإعلان السياسي بشأن ليبيا" الذي ينص على إجراء انتخابات برلمانية ورئاسية في 10 ديسمبر القادم. هذه الوثيقة "التاريخية"، كما جاء على لسان الرئيس الفرنسي، تظل مهددة بالتعقيدات التي تطبع الأوضاع على أرض الواقع في ليبيا. كثيرة هي المبادرات التي هدفت إلى إخراج ليبيا من الفوضى التي تتخبط فيها منذ انهيار نظام العقيد معمر القذافي في 2011. لكن حت ...
  • June 13, 2018
    From cryptocurrencies to blockchain to mobile money, financial technology or “fintech” is revolutionizing the basic structures of the global economy. Financial services delivered through ...
  • Authors
    June 11, 2018
    Donald Trump, a golf addict with a self-declared handicap of 3, is not noted for any chess enthusiasm, although the game is a simulation of a battle, and filled with military terminology such as double attack, demolition, breakthrough, decoying, interception, blockade, and x-ray attack among others. The historic game is intellectual, structured, and logic. The object is to maneuver the antagonist’s king into a position from which escape is impossible. The two contenders - at times - ...
  • Authors
    Lemine Ould M. Salem
    June 6, 2018
    Les quatre acteurs majeurs de la crise libyenne ont approuvé, le 29 mai 2018, lors du Sommet organisé par le Président français Emmanuel Macron au Palais de l’Elysée à Paris, une “Déclaration politique sur la Libye” qui prévoit l’organisation le 10 décembre prochain d’un double scrutin, législatif et présidentiel. Ce texte “historique”, selon le Chef de l’Etat français, reste cependant menacé par la complexité de la réalité sur le terrain libyen. On ne compte plus les initiatives v ...
  • Authors
    June 6, 2018
    The spike in US bond yields since mid-April in tandem with the strengthening of the dollar sparked a retrenchment of capital flows to emerging markets (EM), accompanied by a sell-off of assets in some cases. Argentina and Turkey suffered from strong and potentially disruptive exchange rate depreciation pressures in May, with financial markets calming down only after bold domestic policy moves (interest rate hikes in both countries and, in the case of Argentina, a decision to seek a ...