Unbearable Costs When Is Inflation Impeding Job Creation Evidence From Sub Saharan Africa
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Unbearable Costs When Is Inflation Impeding Job Creation Evidence From Sub Saharan Africa
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Author : Ibrahima Camara
language : en
Publisher: International Monetary Fund
Release Date : 2023-03-03
Unbearable Costs When Is Inflation Impeding Job Creation Evidence From Sub Saharan Africa written by Ibrahima Camara and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-03 with Business & Economics categories.
Covid-19 and war-induced commodity price fluctuations, and broadening price pressures have led to a surge in inflation in many sub-Saharan Africa (SSA) countries. To adjust to increasing costs, firms have resorted to several measures including shuttering offices, reducing businesses, laying off, and freezing hiring, thus putting at risk job creation and raising concerns of youth unemployment. This paper explores the effects of inflation on private employment growth in SSA using a large firm -level dataset from the World Bank’s Enterprise Surveys. We find a non-linear relationship between inflation and job creation in SSA, with job creation being negatively correlated with inflation rate when the latter is above 14 percent. This finding holds regardless of the sector of activities of firms and the exchange rate regime. In addition, the paper finds some differential effects based on the type of products. An increase in fuel prices tends to be more detrimental to job creation than food prices. The study also provides evidence that the state of implementation of structural reforms matters. The results show that inflation reduces job opportunities mostly in countries with bad or no structural reforms.
Private Sector Job Creation In Mena Prioritizing The Reform Agenda
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Author : Mr.Benedicte Baduel
language : en
Publisher: International Monetary Fund
Release Date : 2019-09-27
Private Sector Job Creation In Mena Prioritizing The Reform Agenda written by Mr.Benedicte Baduel and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-27 with Business & Economics categories.
This paper examines the extent to which firms in selected MENA countries reported being constrained by the business environment around the time of the Arab Spring and the extent to which these constraints affected their employment performance. The results suggest that small firms in MENA faced more structural constraints than similar firms in other regions. We also find that MENA firms’ weaker job creation can be explained in great part by the macroeconomic environment and structural constraints. Low GDP growth, falling external competitiveness, corruption, lack of access to finance and poor access to electricity are found to explain a significant part of the lack of employment growth in MENA firms compared to their peers.
Our Continent Our Future
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Author : P. Thandika Mkandawire
language : en
Publisher: IDRC
Release Date : 2014-05-14
Our Continent Our Future written by P. Thandika Mkandawire and has been published by IDRC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-14 with Political Science categories.
Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
Adjustment With A Human Face
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Author : Giovanni Andrea Cornia
language : en
Publisher: Clarendon Press
Release Date : 2002-12-01
Adjustment With A Human Face written by Giovanni Andrea Cornia and has been published by Clarendon Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-12-01 with categories.
Reducing Inequalities
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Author : Rémi Genevey
language : en
Publisher: The Energy and Resources Institute (TERI)
Release Date : 2013-01-01
Reducing Inequalities written by Rémi Genevey and has been published by The Energy and Resources Institute (TERI) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Architecture categories.
The reduction of inequalities within and between countries stands as a policy goal, and deserves to take centre stage in the design of the Sustainable Development Goals agreed during the Rio+20 Summit in 2012.The 2013 edition of A Planet for Life represents a unique international initiative grounded on conceptual and strategic thinking, and – most importantly – empirical experiments, conducted on five continents and touching on multiple realities. This unprecedented collection of works proposes a solid empirical approach, rather than an ideological one, to inform future debate.The case studies collected in this volume demonstrate the complexity of the new systems required to accommodate each country's specific economic, political and cultural realities. These systems combine technical, financial, legal, fiscal and organizational elements with a great deal of applied expertise, and are articulated within a clear, well-understood, growth- and job-generating development strategy.Inequality reduction does not occur by decree; neither does it automatically arise through economic growth, nor through policies that equalize incomes downward via ill conceived fiscal policies. Inequality reduction involves a collaborative effort that must motivate all concerned parties, one that constitutes a genuine political and social innovation, and one that often runs counter to prevailing political and economic forces.
Migration In Sub Saharan Africa
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Author : Aderanti Adepoju
language : en
Publisher: Nordic Africa Institute
Release Date : 2008
Migration In Sub Saharan Africa written by Aderanti Adepoju and has been published by Nordic Africa Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Social Science categories.
Africans arriving by rickety fishing boats to the Canary Islands is an example of the dark side of migration in human trafficking, but the picture of a continent on the move also includes highly skilled professionals from Nigeria and Ghana who seek employment in universities and other professions in South Africa. On the positive side, migrant remittances are a major source of income in many sub-Saharan African countries, helping to sustain the lives of poor home communities. A major challenge now facing sub-Saharan Africa is how to attract
External Debt And Capital Flight In Sub Saharan Africa
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Author : Mr.Mohsin S. Khan
language : en
Publisher: International Monetary Fund
Release Date : 2000-05-12
External Debt And Capital Flight In Sub Saharan Africa written by Mr.Mohsin S. Khan and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-05-12 with Business & Economics categories.
Mounting external debt and large-scale capital flight have been at the forefront of Africa's economic problems since the 1980s. External Debt and Capital Flight in Sub-Saharan Africa, edited by S. Ibi Ajayi and Mohsin S. Khan, takes a penetrating look at debt and capital flight during the 1990s in Ghana, Kenya, Nigeria, Tanzania, and Uganda. The book describes the size and composition of debt in the selected countries and examines the causes of the debt buildup. It also assesses the extent of capital flight and suggests ways of stemming the flight of financial resources.
The Challenge Of Youth Employment In Sri Lanka
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Author : Ramani Gunatlilaka
language : en
Publisher: World Bank Publications
Release Date : 2010-05-11
The Challenge Of Youth Employment In Sri Lanka written by Ramani Gunatlilaka and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-05-11 with Political Science categories.
Sri Lanka has long been regarded as a model of a successful welfare state in a low-income setting, yet it has not succeeded in creating a sufficient number of good jobs for the increasing number of young people. Hence, young Sri Lankans perceive their country as an unjust and unequal society, in which mainstream institutions have failed to address inequalities in the distribution of resources, as well as of benefits deriving from economic growth. Against this background, 'The Challenge of Youth Employment in Sri Lanka' aims to identify ways to improve the opportunities available to new job market entrants by addressing existing inequalities and to help young people more fully realize their potentials. Drawing from original research and a review of existing studies, the authors use the 4Es conceptual framework to analyze four key aspects of labor markets employment creation, employability, entrepreneurship, and equal opportunity identifying main issues and results, current trends, and possible new approaches.
Determinants Of Income Inequality And Its Effects On Economic Growth
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Author : Matthew O. Odedokun
language : en
Publisher:
Release Date : 2001
Determinants Of Income Inequality And Its Effects On Economic Growth written by Matthew O. Odedokun and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Africa categories.
Safety Net Programs And Poverty Reduction
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Author : K. Subbarao
language : en
Publisher: World Bank Publications
Release Date : 1997
Safety Net Programs And Poverty Reduction written by K. Subbarao and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
The need for social safety nets has become a key component of poverty reduction strategies. Over the past three decades several developing countries have launched a variety of programs, including cash transfers, subsidies in-kind, public works, and income-generation programs. However, there is little guidance on appropriate program design, and few studies have synthesized the lessons from widely differing country experiences. This report fills that gap. It reviews the conceptual issues in the choice of programs, synthesizes cross-country experience, and analyzes how country- and region-specific constraints can explain why different approaches are successful in different countries.