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Reigniting labour productivity growth in developing countries: Do structural reforms matter?

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  • Kwamivi Gomado

Abstract

While the negative effects of the 2008 global financial crisis on labour productivity are still fresh in people's minds, the COVID-19 pandemic raises concerns that productivity will continue to decline. To boost labour productivity and regain economic performance, there is an empirical consensus on the role of structural reforms that allows an efficient reallocation of resources such as labour by reducing rigidities in markets. This study analyses the role of certain structural reforms in improving labour productivity in 35 developing countries over the period of 1990-2014.

Suggested Citation

  • Kwamivi Gomado, 2022. "Reigniting labour productivity growth in developing countries: Do structural reforms matter?," WIDER Working Paper Series wp-2022-87, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2022-87
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    Keywords

    Labour productivity; Business cycles; Economic growth; Reforms;
    All these keywords.

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