Working Out of Poverty : Job Creation and the Quality of Growth in Africa
This paper explores Africa's economic performance and the creation of jobs over the decade and more since 1995, recognizing that some standard labor concepts are difficult to apply to conditions prevailing in Africa. The intent of the paper is...
Main Authors: | , |
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Format: | Publication |
Language: | English en_US |
Published: |
Washington, DC : World Bank
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2008/01/9484379/working-out-poverty-job-creation-quality-growth-africa http://hdl.handle.net/10986/6434 |
Summary: | This paper explores Africa's
economic performance and the creation of jobs over the
decade and more since 1995, recognizing that some standard
labor concepts are difficult to apply to conditions
prevailing in Africa. The intent of the paper is to identify
the economic factors behind the more successful outcomes and
the options available for improving the quality of growth.
The report focuses on several key issues: how has the
structure of economic growth and labor demand shaped the job
creation process? Does rigidity in African labor markets
impede job creation? Have the quality and quantity of the
labor supply affected job creation? What policies have been
pursued to raise the quality of the African labor force?
What does the expanding "informal" sector mean for
the labor market and the quality of growth? Is it a route
out of poverty or a low-skills trap? Throughout the paper,
the focus is on the factors, exogenous and endogenous, that
are linked to the outcomes, and the implications that these
factors may have for raising the quality of Africa's
economic growth. Some countries have reversed many of the
vicious cycles underlying Sub- Saharan Africa's
generally poor performance on job creation; those countries
are highlighted where adequate data are available, and the
lessons these experiences offer all stakeholders in meeting
the growth and poverty reduction challenges of the future
are pointed out. The paper concludes that Africa's
record of poor economic performance has in part been an
inevitable result of its colonial heritage-the low levels of
human capital at independence. It is also a function of the
ensuing policies pursued, especially those that led to the
debt crisis and the subsequent recession and public sector
restructuring. In most countries, these costs have been
paid, and the future looks brighter as a result. |
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