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dc.description.abstractUnderstanding why North African economies are not growing as dynamically as they possibly could to generate enough jobs is a central question. Since the 2008 financial crisis, the gap between employment growth and overall labor force growth has widened steadily. The lack of job creation against a growing number of people entering the job market has led to an increase in unemployment, which is a critical problem for the sub region. In the present report, it is argued that the growth process may be influenced by the allocation of resources between sectors. Growth through the reallocation of resources from less to more productive sectors is referred to as structural transformation (or structural change). Also pointed out in the report is that efficient allocation of resources within sectors is critical for growth and job creation in North Africa. By decomposing labor productivity growth into between sectors (structural change) and within sectors components, relatively low structural change and low within productivity growth are documented in the report. Based on a most recent knowledge, Governments in North Africa should focus on the optimal allocation of resources across firms within and between sectors.en
dc.titleQuality of institutions and structural transformation: distortions and resource allocation in North Africaen
ags.creatorCorporateUnited Nations. Economic Commission for Africaen
ags.subjectThesaurusRESOURCES ALLOCATIONen
ags.subjectThesaurusCAPITAL PRODUCTIVITYen
ags.subjectThesaurusLABOUR MARKETen
ags.subjectThesaurusCAPITAL MOVEMENTSen
ags.subjectThesaurusAFRICAen
ags.subjectClassification07.04.00 TRADE PROMOTION, FACILITATION AND CUSTOMS ADMINISTRATIONen
ags.publisherPlaceAddis Ababaen
ags.publisherNameUN. ECAen
dc.date.accessioned2020-01-08T08:16:24Z
dc.date.available2020-01-08T08:16:24Z
dc.date.issued2019-09
dc.format.extentvii,60 p.: ill
dc.languageeng
dc.typeReports
uneca.workflow.processedtrue
ags.availabilityNumberb11975076
ags.availabilityNumber2019
ags.availabilityLocationECA-HQ
ags.rights.termsofusepublic
ags.JNb11975076
uneca.language.supporteden


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