The future prosperity of most people of the Middle-East and North Africa—and the social cohesion of their countries—rests in great part on the ability of governments to enable the private sector to respond to this job creation challenge. This is what this report is about. It is about...

This paper considers unit labor costs (ulcs), i.e., the ratio of the wage rate to labor productivity, as the indicator of competitiveness in the Philippines. It is shown that ulcs have an interpretation from the point of view of the functional distribution of income (i.e., the distribution of...