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The effects of enforced leisure on development. (Research Notes).

Publication: International Advances in Economic Research
Publication Date: 01-AUG-02 		Format: Online - approximately 274 words
Delivery: Immediate Online Access
Full Article Title: The effects of enforced leisure on development. (Research Notes).(Brief Article)

Article Excerpt
Pace University--U.S.A.

In many underdeveloped economies, chronic unemployment is often identified as the malfunction of formal labor markets. With long-standing and widespread unemployment, and many workers becoming discouraged, such markets are characterized as having underemployment or disguised unemployment. The joblessness is seen as primarily due to cyclical unemployment, with...

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