Labor and the Growth Crisis in Sub-Saharan Africa
Author | : |
Publisher | : World Bank Publications |
Total Pages | : 44 |
Release | : 1995-01-01 |
ISBN-10 | : 0821333437 |
ISBN-13 | : 9780821333433 |
Rating | : 4/5 (433 Downloads) |
Download or read book Labor and the Growth Crisis in Sub-Saharan Africa written by and published by World Bank Publications. This book was released on 1995-01-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation Reviews labor market outcomes in Sub-Saharan Africa and analyzes what is required to spur economic growth through increased efficiency of physical and human capital. "World Development Report 1995: Workers in an Integrating World" examines ways of improving labor outcomes in low- and middle-income economies. This regional perspective focuses on Sub-Saharan Africa in relation to the four areas in need of labor policy reform that were identified in the Report: development strategy, international integration, labor market interventions, and transformation to greater market orientation. The paper reviews labor market outcomes in the region and analyzes what is required to achieve economic growth through increased efficiency of physical and human capital. It examines Africa's role in the world economy and why greater integration is essential to the region. It also discusses labor policies and how workers in the region are affected by the transition to open development strategies. The prospects for the region's growing labor force are briefly reviewed.