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Labor regulations are important determinants of resource allocation, productivity, and labor market outcomes. They can protect workers’ rights, enhance job security, and improve working conditions. However, overly restrictive regulations can also increase business costs, becoming barriers to...
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The coverage of pension systems in the Africa region is limited to the small segment of the population in the formal sector. Coverage is thin partly because traditional contributory pension schemes are not responding to the needs of the informal sector. As a result, a large share of the...
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