Structural Transformation and Labor Productivity in Indonesia : Where are All the Good Jobs?
By some measures, the Indonesian labor market has never looked better. Underpinned by sound macroeconomic policies, steady economic growth of about 5 percent per annum over the past decade was associated with strong job creation. This article focus...
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2021
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okr-10986-359512021-07-20T05:10:54Z Structural Transformation and Labor Productivity in Indonesia : Where are All the Good Jobs? Yoong, Pui Shen Gil Sander, Frederico STRUCTURAL TRANSFORMATION LABOR MARKET JOBS DIAGNOSTIC LABOR PRODUCTIVITY TERTIARY EDUCATION LABOR SKILLS DEVELOPMENT By some measures, the Indonesian labor market has never looked better. Underpinned by sound macroeconomic policies, steady economic growth of about 5 percent per annum over the past decade was associated with strong job creation. This article focuses on one driver of the quality of jobs in Indonesia: labor productivity growth and, in particular, the (limited) contribution of structural transformation. It shows how structural change - here defined as the reallocation of workers from low- to high-productivity economic activities - has contributed only a small share of labor productivity growth in the recent two decades. The main takeaway is that Indonesia need not worry as much about the quantity of jobs as the quality of those jobs. Both demand-side and supply-side interventions are needed to boost labor productivity so that more Indonesians can have middle-class jobs. 2021-07-19T15:52:30Z 2021-07-19T15:52:30Z 2020-02-14 Working Paper http://documents.worldbank.org/curated/en/973571625050333469/Indonesia-Jobs-Action-Program-Structural-Transformation-and-Labor-Productivity-in-Indonesia-Where-are-All-the-Good-Jobs http://hdl.handle.net/10986/35951 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research East Asia and Pacific Indonesia |
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World Bank Open Knowledge Repository |
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World Bank |
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English |
topic |
STRUCTURAL TRANSFORMATION LABOR MARKET JOBS DIAGNOSTIC LABOR PRODUCTIVITY TERTIARY EDUCATION LABOR SKILLS DEVELOPMENT |
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STRUCTURAL TRANSFORMATION LABOR MARKET JOBS DIAGNOSTIC LABOR PRODUCTIVITY TERTIARY EDUCATION LABOR SKILLS DEVELOPMENT Yoong, Pui Shen Gil Sander, Frederico Structural Transformation and Labor Productivity in Indonesia : Where are All the Good Jobs? |
geographic_facet |
East Asia and Pacific Indonesia |
description |
By some measures, the Indonesian labor
market has never looked better. Underpinned by sound
macroeconomic policies, steady economic growth of about 5
percent per annum over the past decade was associated with
strong job creation. This article focuses on one driver of
the quality of jobs in Indonesia: labor productivity growth
and, in particular, the (limited) contribution of structural
transformation. It shows how structural change - here
defined as the reallocation of workers from low- to
high-productivity economic activities - has contributed only
a small share of labor productivity growth in the recent two
decades. The main takeaway is that Indonesia need not worry
as much about the quantity of jobs as the quality of those
jobs. Both demand-side and supply-side interventions are
needed to boost labor productivity so that more Indonesians
can have middle-class jobs. |
format |
Working Paper |
author |
Yoong, Pui Shen Gil Sander, Frederico |
author_facet |
Yoong, Pui Shen Gil Sander, Frederico |
author_sort |
Yoong, Pui Shen |
title |
Structural Transformation and Labor Productivity in Indonesia : Where are All the Good Jobs? |
title_short |
Structural Transformation and Labor Productivity in Indonesia : Where are All the Good Jobs? |
title_full |
Structural Transformation and Labor Productivity in Indonesia : Where are All the Good Jobs? |
title_fullStr |
Structural Transformation and Labor Productivity in Indonesia : Where are All the Good Jobs? |
title_full_unstemmed |
Structural Transformation and Labor Productivity in Indonesia : Where are All the Good Jobs? |
title_sort |
structural transformation and labor productivity in indonesia : where are all the good jobs? |
publisher |
World Bank, Washington, DC |
publishDate |
2021 |
url |
http://documents.worldbank.org/curated/en/973571625050333469/Indonesia-Jobs-Action-Program-Structural-Transformation-and-Labor-Productivity-in-Indonesia-Where-are-All-the-Good-Jobs http://hdl.handle.net/10986/35951 |
_version_ |
1764484114988138496 |