The Chinese labour market has undergone an extensive restructuring in the last four-and-a-half decades, following the start of the economic reforms, and the open door policy for foreign investment in 1978, under the leadership of Deng Xiaoping. The nature of employment contracts, labour market...

Economic development presumes not only the existence of formal institutions such as property rights and the rule of law under which behave economic agents, but also certain norms or social values that promote exchange, savings and investments. In this context, we discuss cultural dimension of...

We study the economic structure of the life of Harry Potter and his co-actors as an economic model that governs the social organization of their economic activities. Our goal is to study and understand the internal consistency of the Potterian economic model and explore the relationships between...

Demographic transition creates a small window for countries when the population pyramid shows signs of maturity and bulges in the middle, indicating a relatively larger share of working age population. Key to reaping this demographic dividend lies in using the working age population to fullest...

Migration is a universal phenomenon. From time immemorial women and men have travelled in search of better living. There are two separate streams of migration. The first one is at the upper end of human capital hierarchy, to fill in existing surplus demand in the labour market of destination...

Nigeria is a lower income country (with extreme poverty status) characterized by very high youth unemployment and large informal sector. Consequently, the Nigeria government have implemented youth empowerment training (N-power) program to tackle the critical issues. However, youth training...

This paper builds an overlapping generations household economy model and examines the impact of unemployment on child labour and the child's human capital formation and growth through the expectation of adult regarding future employability. The economy consists of two sectors- skilled sector and...