1887

Employment Opportunities for Young People in the Modern Industrial Sector and Other Modern Sectors

Although much emphasis is placed upon the modern in most less developed countries (LDCs), this sector is still relatively small, especially in terms of employment opportunities, because of the use of capital - rather than labour-intensive methods of production etc. As Klaus Bettenhausen points out (speaking specifically about Asia, but the comment is generally true for most LDCs),"Employment generation in the modern sector will, for the time being, remain limited. Even if significant additional employment could be generated in this sector, this will be a lengthy, long-term process.

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