EMPOWERING YOUTH FOR ECONOMIC PARTICIPATION: A THEORETICAL ANALYSIS OF EMPLOYMENT ENHANCEMENT STRATEGIES
Keywords:
Youth Employment, Economic Participation, Human Capital, Entrepreneurship, Labor Market, Sustainable Development, Policy Intervention, Uzbekistan, Vocational Training, Youth EmpowermentAbstract
Youth economic empowerment is increasingly recognized as a cornerstone for national development and employment generation. This paper explores the theoretical foundations that explain how youth engagement in economic activities contributes to employment growth. Drawing from human capital theory, labor market segmentation, and entrepreneurship frameworks, this study analyzes the mechanisms through which youth economic activity reduces unemployment. Special focus is given to the policy environment in emerging economies, particularly Uzbekistan, to ground the theoretical discussion in practical relevance.References
Becker, G. S. (1964). Human Capital: A Theoretical and Empirical Analysis. University of Chicago Press.
International Labour Organization (2023). Global Employment Trends for Youth. Geneva: ILO.
World Bank (2022). Youth Employment in Central Asia: Challenges and Opportunities. Washington, DC: World Bank Group.
President of Uzbekistan (2022, December 23). Youth Meeting Speech. Retrieved from: https://president.uz/en/lists/view/5303
Uzbekistan Government Portal (2024). Strategy 'Uzbekistan – 2030'. Retrieved from: https://strategy.uz
Blanchflower, D. G., & Oswald, A. J. (2005). The Wage Curve Revisited. MIT Press.
State Statistics Committee of Uzbekistan (2024). Youth Labor Market Data. Retrieved from: https://stat.uz
