For these economies, reform can bring significant benefits in the form of savings and more importantly the development of a labour-force which is adapted to the needs of the 21st century labour-market. Achieving a more balanced labour-market in terms of nationals’ employment in the public and private sectors not only stands to bring substantial fiscal benefits, but also prepares countries and their citizens for an increasingly competitive global market.
This report strives to answer the following questions:
- How can the attractiveness of the private sector be increased for GCC nationals?
- How can the economic desirability of nationals be improved for private sector employers?
- What are the key skills that nationals should focus on to become more competitive?
We also look at suitable labour-market policy measures, combining shorter-term palliative measures within the necessary longer-term and broader economic reform. The report describes the effectiveness of these measures, and how they stand to contribute to the broader benefits of the labour market reform.