TITLE

Do Rigid Labor Laws Mean Higher Unemployment in Developing Countries?

AUTHOR(S)
Lau, Terence
PUB. DATE
August 2009
SOURCE
Academy of Management Perspectives;Aug2009, Vol. 23 Issue 3, p95
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on a research study by Simeon Djankov and Rita Ramalho, both from the World Bank, about the impact of labor laws and legislation in developing countries. Particular attention is given to studies conducted in the span of five years that assessed the connection between labor law rigidity and unemployment. The researchers examined the belief that if laws make it easier and more cost effective to hire and fire employees in developing countries, then the unemployment rate should be lower.
ACCESSION #
43479269

 

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