The Arab world increasingly falls into two divisions, the capital-poor and the capital-rich countries (where capital means, in essence, oil). In the capital-rich countries shortage of labour is the chief constraint on growth. In the capital-poor countries analysis of the labour market is equally central, as shortage of labour compounds the already existing problem of shortage of capital. This book surveys the labour markets of the Arab world state by state, evaluating them by demand and supply analysis, and analysing the different elements in trends of employment. It forecasts the areas of...
The Arab world increasingly falls into two divisions, the capital-poor and the capital-rich countries (where capital means, in essence, oil). In th...