investment (FDI), as well as the direct impact on growth and employment. In section 4 we set out a simple approach to modelling productivity and output, within a framework that allows us to test the impact of EMU on growth after allowing for other systemic factors … CHAPTER 1: SOCIO-ECONOMIC IMPACT OF UNEMPLOYMENT IN SOUTH AFRICA 1.1. Moreover, there is a little available literature on unemployment situations in China in spite of China’s massive improved economic growth. The Ordinary Least Square OLS technique was used as the analytical method. Economic Growth, Nominal GDP, Unemployment. KEYWORDS: Economic Growth, Unemployment, investmnent, Fiji JEL Classification: F43, J6 INTRODUCTION The underlying correlation among economic output and unemployment is an age-old question in economic literature. We have tested the relation between unemployment and economic growth using a panel data covering four South-Asian counties including Bangladesh for over 20 years. Recommendations are also made to help accelerate the rate of growth. Keywords. That is why we fear that Kosovo has no foundation for a sustainable economic strategy (Baleci & Heeman, 2013). impact of Unemployment and inflation on economic growth in the economy of Iraq. Unemployment is a macroeconomic indicator that reflects the inability of an economy to make full use of labor resources. Conceptual Literature 2.1.1. impact on the economic growth which was widely accepted. Impact of Economic Growth and Inflation on Unemployment in Bangladesh: A time series analysis 1 1. The aim of this paper is to evaluate the impact of individual types of taxes on the economic growth by utilizing regression analysis on the OECD countries for the period of 2000–2011. According to World Economic Forum (2014), well-developed infrastructure not only reduces the have a significant impact on the economic growth of Nigeria. Owing to the down turn in the economic fortunes of this country over the years, the Nigerians have lost their pride of … Generally, recent studies show that between economic growth and employment there is a positive and strong relationship, meaning that economic growth generates new jobs, but of different intensity from one period to another and from one country to another. Amid these views, Phillips first introduced hypothesizes that high inflation positively affects the economic growth by lowering unemployment rates. This report first examines the long-run relationship between the two economic variables and then narrows its focus to the pe riods of recovery from the postwar recessions. 1.4 Significance of the Study. The lack of systematic knowledge prevents policymakers from assessing how good legal and regulatory systems are and determining what to reform. The percentage growth of the unemployed (73,3%), however, has been higher than the growth of the employed (69,2%). 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