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Youth employment for inclusive growth: a review and research agenda in global perspective with special reference to India

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  • P. Varsha Pramod

    (Sacred Heart College (Autonomous))

  • Remya Ramachandran

    (Cochin University of Science and Technology)

Abstract

In instances where the “youth bulge” in developing nations is aggravating the unemployment crisis and contributing to a detrimental cycle of events, inclusive growth (IG) has emerged as a cutting-edge development model. The academic interest in inclusive growth and unemployment-related research is plentiful, but the exclusive search into youth employment for inclusive growth is sparse. Based on a conceptual framework that offers an overview of the topic, this paper examines studies on youth unemployment concerning inclusive growth. It specifically explores the concept of inclusive growth, the financial and socio-psychological aspects of youth unemployment, and ways of tackling unemployment, such as youth entrepreneurship and skill development in pursuit of inclusive growth. By addressing these challenges, the assessment reveals ways to achieve SDGs such as SDG 8 (decent work and economic growth) and SDG 10 (reduced disparities). The relevant literature was extracted using qualitative content analysis and recursive content abstraction approaches. The study adds to the multidisciplinary literature on youth studies, entrepreneurship, and development economics. This study summarises the current level of knowledge on these topics, identifies research gaps, and offers interesting future research directions that will benefit academics and practitioners.

Suggested Citation

  • P. Varsha Pramod & Remya Ramachandran, 2023. "Youth employment for inclusive growth: a review and research agenda in global perspective with special reference to India," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 13(1), pages 1-16, December.
  • Handle: RePEc:spr:jglont:v:13:y:2023:i:1:d:10.1007_s40497-023-00354-4
    DOI: 10.1007/s40497-023-00354-4
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    More about this item

    Keywords

    Literature review; Unemployment; Inclusive growth; Youth entrepreneurship; Skill development; COVID-19; India;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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