 Paraguay jobs diagnostic: the dynamic transformation of employmentElizabeth N. Ruppert Bulmer, Samantha Maria Watson and David Keith Santos De Padua No 27709610, Jobs Group Papers, Notes, and Guides from The World Bank Abstract: Jobs are central to economic development. Economies grow when more people work, when jobs become more productive, and when workers move to better jobs, e.g. from low productivity farm work into jobs in the modern manufacturing or services sectors, or from remote rural areas to urban centers with greater specialization and more job opportunities. Similarly, living standards improve and poverty declines when individuals move from inactivity or unemployment into jobs, or when workers’ labor income rises. Transformation that occurs at the level of the individual takes place through employment earnings that raise household living standards and welfare, contributing to social development. A jobs-centered development path that effectively connects vulnerable groups to jobs can have positive reinforcing effects on social cohesion, leading to a virtuous cycle of rising incomes, productivity, and inclusion (see WDR on Jobs, World Bank 2012). For Paraguay, achieving development objectives with respect to economic growth, diversification, competitiveness, and poverty reduction requires meeting specific goals for job creation, job quality, especially informal jobs, and access to jobs. The country’s recent strong economic performance and significant reductions in poverty are, in fact, explained by improvements in labor market outcomes. The aim of this report is to describe the types of employment transformations that enabled this to happen and the remaining challenges going forward. Keywords: Socio-Economic Database for Latin America and the Caribbean; trade and competitiveness; European Development Finance Institutions; labor force participation rate; annual average growth rate; life expectancy at birth; labor force survey data; higher level of education; southern cone common market; Job Creation; Informal Jobs; labor productivity growth; access to job; annual productivity growth; labor force growth; Job Quality; labor market outcome; change in employment; reduction in poverty; Real estate; positive social externalities; agriculture industry; rising aggregate demand; unpaid family worker; highly skilled worker; labor market participation; purchasing power parity; average incomes increase; gross domestic product; public sector worker; consumer price index; high youth unemployment; demand for good; degree of informality; number of workers; decomposition of growth; share of work; household living standard; agriculture and service; remote rural area; aggregate productivity growth; Diversification of Production; labor force expansion; labor supply decisions; rural poverty rate; agricultural productivity growth; job creation rate; rate of employment; food and agricultural; movement of worker; high productivity jobs; rapid population growth; jobs and growth; private sector job; rate of growth; employment in industry; european investment bank; increase in labor; gap in access; commodity price boom; privileges and immunity; births per woman; net job creation; aggregate demand effect; total fertility rate; Population Age structure; Poverty & Inequality; official poverty line; working-age population; job growth; productivity gain (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wbk:jbsgrp:27709610 Access Statistics for this paper More papers in Jobs Group Papers, Notes, and Guides from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC. |
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