Mozambique Jobs Diagnostic : Volume 2 - Jobs Strategy Policy Note
Mozambique is about to face two transformative opportunities for accelerating the pace of poverty reduction: the prospect of major resource inflows from the extraction of liquid natural gas (LNG) and other minerals, and the prospect of a significan...
Main Authors: | , |
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Format: | Policy Note |
Language: | English |
Published: |
World Bank, Washington, DC
2021
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/993481617208378098/Mozambique-Jobs-Diagnostic-Volume-2-Jobs-Strategy-Policy-Note http://hdl.handle.net/10986/35386 |
Summary: | Mozambique is about to face two
transformative opportunities for accelerating the pace of
poverty reduction: the prospect of major resource inflows
from the extraction of liquid natural gas (LNG) and other
minerals, and the prospect of a significant demographic
dividend. But to take advantage of these transformative
opportunities, however, Mozambican policy makers will have
to overcome several important challenges: it will be
necessary to accelerate Mozambique’s structural
transformation, both in sectoral and job quality terms.
Achieving a faster jobs transformation in the context of an
extractives resource-driven economic model and capturing the
demographic dividend of an expanding population are the key
jobs outcomes at the basis of this Jobs Strategy Note, which
rests on five pillars defined by the broad jobs’ challenges
outlined, together with the overarching challenge of
maintaining a stable macroeconomic and governance framework.
While a successful sectoral transition from agriculture to
non-agriculture largely depends on developments across
markets and sectors, a successful job transition has more to
do with factors affecting the functioning of the labor
market. Although the ultimate objective is to achieve a
successful transition to nonagricultural, wage-based
employment, there is still considerable room for improving
overall productivity and job quality in the informal and
agricultural sectors. |
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