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Determinants of youth unemployment in OIC member states
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Determinants of youth unemployment in OIC member states
Determinants of youth unemployment in OIC member states
Journal Article

Determinants of youth unemployment in OIC member states

2016
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Overview
This paper examines the determinants of youth unemployment in OIC countries during the period 1993-2012. The study used a dynamic panel data method for a sample of 32 OIC countries, focusing on the impact of economic, demographic and institutional factors. The empirical results show that youth unemployment in OIC countries is influenced by economic environment measured by GDP growth, inflation and domestic investment. Fertility rate is found to be one of the significant factors behind the high rate of youth unemployment. Moreover, the results pointed out that bureaucracy quality has a negative impact on youth unemployment in OIC member countries. To improve the employability of young workers, the paper recommended that the economic environment in OIC countries should be ameliorated through effective fiscal, monetary and trade policies. In addition, public and private investment need to be expanded to provide job opportunities for young workers. Moreover, serious efforts should be made at vocational and technical education aiming at developing skills and experiences of young people.