Abstract
Graduate unemployment has been a major socio-politico-economic problem in the small open economy of Sri Lanka for the past 35 years. The nature of the problem, causal factors and policy responses are examined in this paper with a special focus on the role of higher education within a highly competitive and knowledge-based economic environment. The evidence reveals that the problem of graduate unemployment is not entirely a university problem. It is mostly a structural issue that requires a positive response from both demand and supply sides of the labour market. On the demand side, it involves high economic growth promoted through institutional and policy support, while on the supply side, universities need to be more dynamic and market oriented in the delivery of graduate output.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
