This book examines a wide range of evidence about the long-term
growth of employment from the countries around the world, including
industrialised, developing and formerly Communist economies. The
empirical investigation distinguishes between normal and abnormal
employment growth (and decline), including the decline of
employment due to war, transition shock, and system breakdown, the
growth of underemployment, jobless growth and job-destroying
economic growth, and identifies various political, demographic and
economic processes that explain long-term growth and decline of
employment. Major related theories are discussed, including
theories of unemployment, economic growth, technological progress,
and structural change. The concept of an 'employment possibility
frontier' is proposed. The relationships between employment growth,
underemployment, and unemployment are examined. The book concludes
with comments on the politics of job creation and on various
macroeconomic and globalisation-related policies.
General
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