Manpower Planning Model for Less Developed Countries

Abstract

The need for manpower planning in underdeveloped countries is necessary to remove widespread unemployment and disguised unemployment in such economies. Models for predicting future manpower requirements are indispensable tools for planners and policy makers. A model which captures manpower demand and supply is developed in this study to predict future manpower structure in less developed countries (LDCs). In addition a partial adjustment to manpower planning model is proposed to off set the lag that may be present in manpower system. JONAMP Vol. 11 2007: pp. 485-490