This paper states that poverty reduction in Africa has been held back by decades of stagnant economic growth that has failed to generate enough well-paid jobs to lift the income of workers in Africa's rapidly growing labor force. In addition, weak demand for labor among employers in the formal sector reflects a variety of constraints on wages, education, and investment, including the lack of flexibility in wages across sectors, the shortage of workers...
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2006/11/01
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Documento de Trabalho
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42001
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1
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1
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2010/07/01
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Disclosed
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What Africa needs to do to spur growth and create more well-paid jobs
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formal sector
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