Economics

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Getting to Equal in Mongolia's Labour Market

Graham Watson

20th June 2018

This World Bank clips flags up the growth in female participation in Mongolia's labour force, and the policies that have been adopted to encourage it.

But think about it - women are better educated than men, and previously were largely excluded from the workforce. Thus, any increase in female participation will boost LRAS, but the same is also true, even if a given number of women replace men: their education means that even though the quantity of people in the labour force remains the same, the quality has improved.

As a result, it is also likely to enhance development.

Getting to Equal in Mongolia's Labour Market

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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