The promise and peril of youth entrepreneurship in Mena

Joint Authors

Rizq, Riham
Krafft, Caroline

Source

Economic Research Forum : Working Paper Series

Issue

Vol. 2018, Issue 1172-1274 (31 Dec. 2018)65 p.

Publisher

Economic Research Forum for the Arab Countries Iran and Turkey

Publication Date

2018-12-31

Country of Publication

Egypt

No. of Pages

65

Main Topic

Economy

Topics

Abstract EN

Entrepreneurship is promoted by government policies and international agencies as a solution to high rates of youth unemployment in the Middle East and North Africa.

This paper investigates the potential for entrepreneurship to deliver on promises of alleviating unemployment.

We specifically examine who entrepreneurs are (in comparison to the unemployed), their working conditions and earnings, and the dynamics of their occupational choices.

We find that entrepreneurs, and especially the employers who are relatively more successful entrepreneurs and who can create jobs for others, are essentially the opposite of the unemployed.

For example, entrepreneurs are older and less educated, while the unemployed are highly educated new entrants.

Entrepreneurship does not generally lead to higher earnings, and does have fewer benefits.

Thus, promoting entrepreneurship is not only unlikely to be successful in reducing unemployment, but also, if it is successful, may even be harmful to youth.

American Psychological Association (APA)

Krafft, Caroline& Rizq, Riham. 2018. The promise and peril of youth entrepreneurship in Mena. Economic Research Forum : Working Paper Series،Vol. 2018, no. 1172-1274.
https://search.emarefa.net/detail/BIM-957285

Modern Language Association (MLA)

Krafft, Caroline& Rizq, Riham. The promise and peril of youth entrepreneurship in Mena. Economic Research Forum : Working Paper Series No. 1172-1274 (Dec. 2018).
https://search.emarefa.net/detail/BIM-957285

American Medical Association (AMA)

Krafft, Caroline& Rizq, Riham. The promise and peril of youth entrepreneurship in Mena. Economic Research Forum : Working Paper Series. 2018. Vol. 2018, no. 1172-1274.
https://search.emarefa.net/detail/BIM-957285

Data Type

Journal Articles

Language

English

Notes

Includes appendices : p. 29-62

Record ID

BIM-957285