## Jobs and Growth - Analytical and Operational Considerations for the Fund

_Policy Papers, March 14, 2013_

## Source details

**Canonical URL:** [Jobs and Growth - Analytical and Operational Considerations for the Fund](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/jobs-and-growth-analytical-and-operational-considerations-for-the-fund-pp4750)

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## Bibliographic details
- Published: March 14, 2013
- Series: Policy Papers

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### Executive summary
- Job creation and growth with inclusion are imperatives that resonate today in every country.
- Advanced countries face the challenge of supporting aggregate demand with limited fiscal space in the aftermath of the Great Recession.
- Many countries must generate growth and create jobs in the face of strong ongoing global megatrends: technological change, globalization, and significant shifts in demographic trends.
- Demographic shifts highlighted include rapid population aging in some parts of the world, and the entry of a large number of new workers into the labor force in others.
- Low female labor force participation represents a significant missed opportunity to strengthen economic development and growth in many countries.

### Key findings and analytic themes
- Advanced economies: need to support aggregate demand while constrained by limited fiscal space post-Great Recession.
- Emerging and developing economies: must create sufficient jobs amid technological change and globalization.
- Demographics:
  - Rapid population aging in some regions.
  - Large cohorts of new labor market entrants in other regions.
- Gender dimension: low female labor force participation is an important barrier to stronger growth and development.

### Operational considerations and policy implications
- Policy frameworks should address:
  - Balancing aggregate demand support with fiscal constraints in advanced economies.
  - Policies to raise job creation and growth in the context of technological change and globalization.
  - Strategies to manage demographic pressures—both aging populations and large inflows of new workers.
  - Measures to increase female labor force participation to unlock growth potential.

### Publication details and metadata (as presented)
- Title: Jobs and Growth - Analytical and Operational Considerations for the Fund
- Publication date: March 14, 2013
- Format noted on page: Download PDF
- Subjects: Developed countries, Developing countries, Economic growth, Employment, Labor market policy, Surveillance, Technical assistance

*Source: Jobs and Growth - Analytical and Operational Considerations for the Fund (IMF web landing page).*

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/jobs-and-growth-analytical-and-operational-considerations-for-the-fund-pp4750_