Senegal : Looking for Work - The Road to Prosperity, Volume 2. Annexes
This economic study comprises four parts. Part one analyzes the economic performance of Senegal with a view to understanding how an efficient labor market is an essential (but not sufficient) condition for achieving sustained and shared growth. Thi...
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| Format: | Country Economic Memorandum |
| Language: | English en_US |
| Published: |
Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2007/09/8836529/senegal-looking-work-road-prosperity-vol-2-2-annexes http://hdl.handle.net/10986/7580 |
| Summary: | This economic study comprises four
parts. Part one analyzes the economic performance of Senegal
with a view to understanding how an efficient labor market
is an essential (but not sufficient) condition for achieving
sustained and shared growth. This section focuses on the
role of the labor market in (i) promoting a virtuous circle
between economic growth and poverty reduction through
equitable distribution of earned income (which is the main
source of income for the Senegalese population, accounting
for up to 3/4 of total resources, according to the results
of the first household survey ESAM-I); and (ii) creating a
competitive and dynamic private sector, as the wage bill
accounts for a predominant share of the costs of Senegalese
companies. The second part of the study focuses on the
perspective of companies motivated by the objective of
maximizing labor productivity to become as competitive as
possible. The third part of the study presents the
perspective of workers or that of the search for job
security. The objective is to examine in detail whether the
labor market is capable, not only of offering jobs to the
majority of the population, but also whether this job
provides sufficient income and conditions that allow workers
to live free of poverty. The fourth and final part will
summarize lessons learned from the previous parts. |
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