Republic of Lebanon : Economic and Labor Force Impact of the Change in the Wage Structure of the Public Sector

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collection.link.214
https://openknowledge.worldbank.org/handle/10986/11872
collection.name.214
Policy Notes
dc.contributor.author
World Bank
dc.date.accessioned
2013-10-02T18:37:56Z
dc.date.available
2013-10-02T18:37:56Z
dc.date.issued
2013-06
dc.date.lastModified
2021-04-23T14:03:23Z
dc.description.abstract
Amid uncertain growth prospects and shrinking fiscal space, the government's initial decision to significantly increase public sector employees' salaries is raising significant challenges. While the cost of living increase aims to offset the erosion of real wages over time, the change in the structure of salary scales is not accompanied by a similar structural revision of tasks and efficiency of public sector employees. At the macro-economic level, the overall increase in wages would weaken the Lebanese economy through the return of unsustainable debt dynamics, pressures on the peg, lower economic growth, and increased unemployment. Introducing revenue measures will reduce these negative impacts but would lower resilience to shocks and impede the use of counter-cyclical fiscal policies. Reforming the pension system will further reduce the negative impact, but such reform cannot be separated from the need for strengthening social safety nets.
en
dc.identifier
http://documents.worldbank.org/curated/en/2013/06/18042908/lebanon-economic-labor-force-impact-change-wage-structure-public-sector
dc.identifier.uri
http://hdl.handle.net/10986/16030
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCOUNTING
dc.subject
AGGREGATE DEMAND
dc.subject
ASSET VALUE
dc.subject
BALANCE OF PAYMENTS
dc.subject
BENEFICIARIES
dc.subject
BENEFICIARY
dc.subject
BUDGET DEFICIT
dc.subject
CAPITAL FORMATION
dc.subject
CAPITAL GAIN
dc.subject
CAPITAL GAINS
dc.subject
CAPITAL GOODS
dc.subject
CAPITAL INCOME
dc.subject
CASH PAYMENT
dc.subject
COMMERCIAL TRANSACTIONS
dc.subject
COMPETITIVENESS
dc.subject
COMPLIANCE COSTS
dc.subject
CREDIBILITY
dc.subject
CURRENT ACCOUNT DEFICIT
dc.subject
DEBT
dc.subject
DEBT SERVICE
dc.subject
DEBT SERVICE RATIO
dc.subject
DECLINE IN INVESTMENT
dc.subject
DEFICIT FINANCING
dc.subject
DEFICITS
dc.subject
DEPENDENTS
dc.subject
DISBURSEMENTS
dc.subject
DOMESTIC ECONOMY
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC SECTORS
dc.subject
ELASTICITY
dc.subject
ELECTRICITY
dc.subject
EXPENDITURE
dc.subject
EXPORTERS
dc.subject
EXPORTS
dc.subject
EXTERNAL FINANCING
dc.subject
FACTORS OF PRODUCTION
dc.subject
FISCAL CONSOLIDATION
dc.subject
FISCAL DEFICIT
dc.subject
FISCAL DEFICITS
dc.subject
FISCAL POLICIES
dc.subject
FIXED ASSETS
dc.subject
FIXED CAPITAL
dc.subject
FOREIGN CURRENCY
dc.subject
FOREIGN EXCHANGE
dc.subject
FOREIGN EXCHANGE RESERVES
dc.subject
FRAUD
dc.subject
GDP
dc.subject
GOVERNANCE ISSUES
dc.subject
GOVERNMENT DEFICIT
dc.subject
GROSS FIXED CAPITAL FORMATION
dc.subject
HOME OWNERSHIP
dc.subject
IMMOVABLE ASSET
dc.subject
INCOME
dc.subject
INFLATION
dc.subject
INSTRUMENT
dc.subject
INSURANCE
dc.subject
INTEREST RATE
dc.subject
INTEREST RATES
dc.subject
INTERNATIONAL RESERVES
dc.subject
INVESTMENT CLIMATE
dc.subject
INVESTMENT DECISION
dc.subject
JUDGES
dc.subject
LABOR FORCE
dc.subject
LABOR MARKET
dc.subject
LABOR MARKETS
dc.subject
LOCAL GOVERNMENTS
dc.subject
LOTTERY
dc.subject
MACROECONOMIC STABILITY
dc.subject
MACROECONOMIC VULNERABILITIES
dc.subject
MARKET PRICE
dc.subject
MIDDLE-INCOME COUNTRIES
dc.subject
MONEY CREATION
dc.subject
MONEY GROWTH
dc.subject
MONEY SUPPLY
dc.subject
MUNICIPALITIES
dc.subject
NOMINAL INTEREST RATES
dc.subject
NOTARY
dc.subject
OUTPUT
dc.subject
PENALTIES
dc.subject
PENSION
dc.subject
PENSION CONTRIBUTION
dc.subject
PENSION CONTRIBUTIONS
dc.subject
PENSION REFORM
dc.subject
PENSION REFORMS
dc.subject
PENSION SYSTEM
dc.subject
PENSION SYSTEMS
dc.subject
PENSIONS
dc.subject
POLITICAL ECONOMY
dc.subject
PRIVATE INVESTMENT
dc.subject
PRIVATE INVESTMENTS
dc.subject
PRIVATE PENSION
dc.subject
PRIVATE SECTOR
dc.subject
PROPERTY TAX
dc.subject
PUBLIC
dc.subject
PUBLIC DEBT
dc.subject
PUBLIC EMPLOYMENT
dc.subject
PUBLIC FINANCES
dc.subject
PUBLIC PENSION
dc.subject
PUBLIC PENSIONS
dc.subject
PUBLIC SECTOR
dc.subject
PUBLIC SECTOR WAGES
dc.subject
PURCHASING POWER
dc.subject
REAL ESTATE
dc.subject
REAL EXCHANGE RATE
dc.subject
REAL GDP
dc.subject
RESERVE
dc.subject
RESERVES
dc.subject
RETURN
dc.subject
SAFETY NET
dc.subject
SAFETY NETS
dc.subject
SALARIES
dc.subject
SALARY
dc.subject
SAVINGS
dc.subject
SOCIAL PROTECTION
dc.subject
SOCIAL SAFETY NET
dc.subject
SOCIAL SAFETY NETS
dc.subject
TAX
dc.subject
TAX ON CAPITAL GAIN
dc.subject
TAX ON CAPITAL GAINS
dc.subject
TAX POLICY
dc.subject
TAX RATE
dc.subject
TAX REGIME
dc.subject
TAXATION
dc.subject
TRADE DEFICIT
dc.subject
TRANSACTION
dc.subject
UNDERLYING ASSET
dc.subject
UNEMPLOYMENT
dc.subject
UNEMPLOYMENT RATE
dc.title
Republic of Lebanon : Economic and Labor Force Impact of the Change in the Wage Structure of the Public Sector
en
okr.date.disclosure
2013-07-26
okr.doctype
Economic & Sector Work :: Policy Note
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2013/06/18042908/lebanon-economic-labor-force-impact-change-wage-structure-public-sector
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Finance and Markets
okr.globalpractice
Governance
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000333037_20130726155940
okr.identifier.internaldocumentum
18042908
okr.identifier.report
79324
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/07/26/000333037_20130726155940/Rendered/PDF/793240REVISED00n0insert007.25.2013.pdf
en
okr.region.administrative
Middle East and North Africa
okr.region.country
Lebanon
okr.sector
Public Administration, Law, and Justice :: General public administration sector
okr.sector
Industry and trade :: General industry and trade sector
okr.theme
Economic management :: Macroeconomic management
okr.theme
Public sector governance :: Tax policy and administration
okr.theme
Public sector governance :: Managing for development results
okr.topic
Public Sector Economics
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Economic Theory and Research
okr.topic
Private Sector Development :: Emerging Markets
okr.topic
Finance and Financial Sector Development :: Bankruptcy and Resolution of Financial Distress
okr.topic
Macroeconomics and Economic Growth
okr.topic
Public Sector Development
okr.unit
Poverty Reduction and Economic Management, Middle East and North Africa Region
okr.volume
1 of 1

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