IIF Authors

Jonathan Fortun

Senior Economist

Former Deputy Chief Economist

Status: Will be live at 01/26/2021 07:10

Economic Views: Can EMs Create Enough Jobs?

January 26, 2021

COVID-19 derailed global growth and EMs are still recovering.
Beyond cyclical fluctuations, EM growth is on a secular decline, …
possibly making it difficult to create enough jobs in the medium term.
We estimate the relationship between growth and job creation in EM.
Many EMs aren’t growing enough to attain good labor market outcomes.