Southern Papers Series/ Working Papers #23

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Southern Papers Series/ Working Papers #23

Enhancing social participation for combating labour market crisis

Zahra Karimi Moughari. [Autora]
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The global crisis has deepened and most industrialized and developing countries have faced the risk of a prolonged labour market recession that can lead to a catastrophic rise in unemployment and decline in real wages. Several countries have used neoclassical tools to lessen the labour market and social consequences of the crisis; mainly through lowering interest rates to support private investment; but the plans have not succeeded so far; as investment counteracts in the reaction to declining effective demand. While, public work projects, by encouraging social participation in implementing beneficial community-based projects, can be a certain means to stimulate economic recovery and in the meantime to yield maximum employment creation

Detalle

  • ISBN:978-987-722-062-9
  • Editorial/es:CLACSO.
  • Ciudad de edición:Buenos Aires.
  • Fecha de publicación:Junio de 2015

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