Togo Jobs Diagnostic: Confronting Challenges and Creating Opportunities for More Good Quality Jobs for All
Raphaela Karlen and
Friederike Rother
No 32572393, Jobs Group Papers, Notes, and Guides from The World Bank
Abstract:
Togo, a small country with a young and growing population, must look to the development of more and better jobs to recover from recent shocks, accelerate poverty reduction and enhance social cohesion. While Togo’s employment rate is high, many are working low productive jobs with meager earnings and no access to social protection. Demographic pressures imply that Togo’s economy will need to absorb an additional one million labor market entrants between now and 2030. To create more, and better jobs, especially for young workers, substantive reforms are required to accelerate a structural transformation towards higher productivity activities. Besides improving the competitiveness of and access to finance for the private sector, improving conditions in the agricultural sector needs to be at the core of these reforms, as that sector will remain the main source of jobs and livelihoods for Togolese in the foreseeable future.
Keywords: Jobs; youth employment; structural transformation; agricultural sector (search for similar items in EconPapers)
Pages: 122
Date: 2023-08-04
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