ABSTRACT
Labour market outcomes in terms of employment, productivity, real wages, and social protection are extremely important from the point of view of improving the levels of living of workers and the distribution of income in an economy. A multi-pronged strategy would be needed to pursue the goal of productive employment through structural transformation. The primary focus should be on growth-induced employment so that jobs are created through the process of growth. A strategy for employment-intensive growth would involve the adoption of policies for promoting the growth of sectors that are by nature labour-intensive until surplus labour available in the economy is exhausted. Given the multi-pronged nature of the strategy and policies that are needed, it is natural that multiple actors will be involved in formulating and implementing them. Hence, a strong institutional mechanism is needed for managing the whole process. Coordination, monitoring, and evaluation of the effectiveness of the policies would be key to ensuring success of the effort.
