Youth Unemployment in Moldova

Paper Summary:

This paper examines the economic situation in Moldova, focusing on the phenomenon of youth unemployment. It looks at the assistance being received by the World Bank and concludes that, with continued, but carefully managed and targeted support to address the specific problem of unemployment, emigration, and migration among the young, the future of Moldova is not as dismal as it seemed in the early 1990s.

From the Paper:

"One of the most critical concerns of the current Work Bank is the high rate of youth unemployment in South Eastern Europe. This phenomenon of high youth unemployment, it is feared, will lead to a state of increasing instability across the region. More and more young people in this region are aimless in life, and grow up without being instituted in an appropriate "work culture." Either they will emigrate, depleting their nations of young employees, or become drains on the economy. These countries are also afflicted by low birth rates, which will continue to create a diminished labor force."

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