The Effect of Governance on the Growth of Unemployment in Selected Developed

This study uses panel data to investigate whether components of governance significantly affect the unemployment growth in both developed and developing countries over the 1996-2010 periods or not? Therefore، in order to test the research hypotheses، after doing the static test of variables، the generalized method of moment (GMM) employed to estimate the model. The results show a statistically significant negative effect of the governance (Except transparency، accountability and the quality of regulatory rules in developing countries) on unemployment growth in both developed and developing Countries. These findings indicate that improving each of the components of governance could cause positive changes in reducing unemployment in both selected developed and developing countries