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    Labour Market Reforms Under Tight Budget Constraints

    Lanka, Institute of Policy Studies of Sri | October 2016
    Abstract
    The medium-term economic development policy framework presented in parliament in November 2015 envisaged generating one million jobs and improving living standards of workers. The stated goal of employment creation was to be met by encouraging investments in high employment intensity sectors on the demand side, and by improving skills on the supply side. The policy framework gives special attention to create a sophisticated and modern knowledge based economy which is able to compete effectively in the global market. One main challenge faced by the government in achieving the above mentioned labour market objectives are limited public finances. At present the government is attempting to consolidate finances by gradually reducing both the budget deficit and the debt burden. In this backdrop the room for significantly increasing government expenditure is limited.
    Citation
    Lanka, Institute of Policy Studies of Sri. 2016. Labour Market Reforms Under Tight Budget Constraints. © Institute of Policy Studies of Sri Lanka. http://hdl.handle.net/11540/9113.
    Keywords
    Global Development Learning Network
    Globalization And Development
    International Development Strategy
    Policy Development
    Human Capital Development
    Human Development
    Human Resources Development
    Skills Development
    Management Development
    Vocational Education
    Curriculum development
    Educational aid
    Economic development
    Industrial projects
    Career development
    Vocational education
    Industrialization
    Vocational training
    Technological institutes
    Job searching
    Labor market
    Work experience programs
    Business planning
    Human rights and globalization
    Occupational training
    Technological innovation
    Labor and globalization
    Manpower policy
    Labor policy
    Rural manpower policy
    Career academies
    Professional education
    Inequality of Income
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    Citable URI
    http://hdl.handle.net/11540/9113
    Metadata
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    01_IPS-SOE-2016_LABOUR-MARKET-REFORMS.pdf (86.54Kb)
    Author
    Lanka, Institute of Policy Studies of Sri
    Theme
    Development
    Education
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise