This segment of the reform has sought to break from the classical orthodoxy of leaving the allocation of financial resources to the market forces. Rather, the reform has identified priority sectors and developed tailored interventions to support and promote growth in these sectors.
The share of the population with a college degree has risen from less than 15 percent in the late 1960s to nearly 40 percent now, and the share with less than a high school degree has declined  4  The natural rate of unemployment is the unemployment rate over the longer term that is consistent with low and stable inflation.