Job Creation Strategies for Nigeria
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This paper attempts to survey a wide range of job creation strategies that policymakers can implement during times of economic recession. This paper does not attempt to determine which job creation strategies work "best;" rather, it is a broad survey mapping the landscape of job creation strategies. We organize the strategies in this paper around four broad categories. Many of the strategies we discuss serve more than one of these categories; taken, they all can contribute to stabilizing the economy and adding net new jobs, if implemented appropriately. While strong economies have the luxury o...
This paper attempts to survey a wide range of job creation strategies that policymakers can implement during times of economic recession. This paper does not attempt to determine which job creation strategies work "best;" rather, it is a broad survey mapping the landscape of job creation strategies. We organize the strategies in this paper around four broad categories. Many of the strategies we discuss serve more than one of these categories; taken, they all can contribute to stabilizing the economy and adding net new jobs, if implemented appropriately. While strong economies have the luxury of concentrating on long-term job growth and labour supply strategies, the Recession as currently experienced in Nigeria requires government practitioners to focus more narrowly on stimulating labour demand and employing workers now. Practitioners must balance long and short-term goals in job creation, realizing that few policies can serve both.
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