02034cas a2200253 a 4500 AALejournalIMF002944 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451849271 1018-5941 BD-DhAAL BD-DhAAL Fasano-Filho, Ugo. Emerging Strains in GCC Labor Markets / Ugo Fasano-Filho, Rishi Goyal. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Unemployment pressures among nationals are emerging in the Cooperation Council for the Arab States of the Gulf (GCC). 2 At a time when a rapidly growing number of young nationals are entering the labor force and governments are no longer able to act as employers of first and last resort, the non-oil sector continues to rely on expatriate labor to meet its labor requirements in most GCC countries. In this environment, policymakers face the related challenges of addressing unemployment pressures while striking a balance between maintaining a liberal foreign labor policy and a reasonable level of competitiveness of the non-oil sector. Using a matching function framework, this paper examines labor market policies that are likely to expand the ability to hire nationals in the non-oil sector. It finds that an effective labor strategy should focus on strengthening investment in human capital, adopting institutional reforms, and promoting a vibrant non-oil economy. Mode of access: Internet Goyal, Rishi. IMF Working Papers; Working Paper ; No. 2004/071 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/071/001.2004.issue-071-en.xml IMF e-Library