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- W388215767 abstract "Affter nearly a quarter of century of structural adjustment and liberalization, a discussion of labor institutions in Africa still seems unrealistic. Such institutions concern only the formal sector, which employs less than 5 percent of the workforce in most African countries. The report continues with an in-depth analysis for improvements in the labor market in Africa. If indeed there is a tradeoff between labor market regulation and union density, deregulating the labor market is not necessarily the best way to implement the much-needed improvements in labor market flexibility in Africa. Thus, there is not likely to be a quick fix through labor market liberalization. All the benefits of labor market flexibility could thus be undone by increasing union density. Further research should aim at identifying the other determinants of this tradeoff, to identify better the scope for an institutional policy aimed at improving labor market outcomes. In concluding, recent economic history of African countries does not suggest that the traditional framework provides the most favorable conditions for attracting large investment, particularly foreign direct investment. Hence, the challenge of African growth in the coming decades is certainly pointing to the formalization of the labor market as a desirable path to follow. The optimum point on the tradeoff between regulation and union density will probably have to be country specific." @default.
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- W388215767 date "2005-10-01" @default.
- W388215767 modified "2023-10-18" @default.
- W388215767 title "Les institutions du marche du travail, la gestion du travail et le dialogue social en Afrique" @default.
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