Obstacles to Labor Absorption in a Developing Economy

Historically, for the now economically developed countries, a strong positive correlation has normally existed between rising real output and employment levels. Among today's lessdeveloped countries (LDC's) even high growth rates can, and frequently do, fail to generate a concomitant rapid rate of employment expansion. Indeed, so acute is the failure of labor absorption to grow in step with rising incomes that a recent International Labour Organization (I.L.O.) report on Colombia (1970: 47) maintains "development strategy will become very largely employment strategy."The unemployment problem is in part due to the rapid population growth rates and even more rapid urban growth rates experienced by most LDC's in the postwar period, and in part it stems from the nature of their development processes (International Bank for Reconstruction and Development, 1972: 35

Development economics · Economic growth · Economic system · Economics · Labour economics · Population · Sociology · Unemployment · Demography · Economic Theory and Policy · Income, Poverty, and Inequality · Poverty, Education, and Child Welfare

• Manpower, Labor Absorption, and Employment in Colombia

  Open Access•Larry S Zudak•Journal of Interamerican Studies…•1976

  Incluir item

• Manpower, Labor Absorption, and Employment in Colombia

  Open Access•David T Geithman•Journal of Interamerican Studies…•1976

  Incluir item

• Structural Change in a Developing Economy. Colombia's Problems and Prospects

  H W Singer, Richard R Nelson et al.•The Economic Journal•1972

  Incluir item

• An International Comparison of Factor Costs and Factor Use

  G C Harcourt, B S Minhas•The Economic Journal•1964

  Incluir item

• Latin America

  Myron Frankman, Myron J Frankman et al.•Hispanic American Historical Review•1970

  Incluir item

• Import Substitution and Industrialization in Latin America

  Open Access•Werner Baer•Latin American Research Review•1972

  Incluir item