Macroeconomic policies for full and productive employment: Case Studies of Thailand and Viet Nam

Weeks, John

Abstract

This study reviews the available evidence and uses available statistics to assess the extent to which macroeconomic management has helped or hindered the goal of attaining full and productive employment, with case studies on Vietnam and Thailand. On the basis of this assessment, the study suggests policy options for the developing countries in the region. Increasingly serious concerns about the benefits of focusing on a narrow definition of macroeconomic stability motivate this study. Of main concern to the study is the tendency over recent decades to equate policy reform with non-interventionist or "neutral" macro policy.

Citation

Weeks, J. Macroeconomic policies for full and productive employment: Case Studies of Thailand and Viet Nam. Bangkok

• Working Paper Type: Working Paper
• Deposit Date: Apr 11, 2021
• Publicly Available Date: Apr 13, 2021
• Pages: 1-65
• Series ISSN: 22274405
• Keywords: labour market, employment, decent work, productivity, wages, labour migration, social protection, economic integration, regional cooperation, ASEAN countries,International Labour Organization
• Publisher URL: https://www.ilo.org/asia/publications/WCMS_402378/lang--en/index.htm