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Democratic Republic of Congo Jobs Diagnostic

Author

Listed:
  • Reyes Aterido
  • Alvaro Gonzalez
  • Dino Merotto
  • Carly Petracco
  • Javier Sanchez-Reaza

Abstract

The economy of the Democratic Republic of Congo is not creating sufficient jobs for its young and rapidly growing workforce. Although the Congolese economy has experienced fast growth and poverty has declined, further reducing poverty will require more dynamic job creation and continued reductions in fertility rates. The current youth bulge and potential demographic dividend will open a unique window of opportunity but will demand faster job creation. The challenge is not limited to reducing unemployment, but includes tackling inactivity and rampant underemployment. Possible avenues to address labor market shortcomings include removing obstacles and resolving market failures for firms to grow, integrating agribusinesses into value chains, facilitating urbanization, and focusing on skills, not just schooling. At the same time, a focus on productivity growth could strengthen its link to employment creation. The report, Democratic Republic of Congo: jobs diagnostic, analyzes the main challenges - at the macro, firm, and household levels - that the country faces in creating jobs. It also outlines the main obstacles to creating more and better jobs that are more inclusive of women and youth.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Reyes Aterido & Alvaro Gonzalez & Dino Merotto & Carly Petracco & Javier Sanchez-Reaza, 2018. "Democratic Republic of Congo Jobs Diagnostic," World Bank Publications - Reports 29327, The World Bank Group.
    • Handle: RePEc:wbk:wboper:29327
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/29327/123113-WP-P161849-1-2-2018-13-5-12-WBDRCJDWEB.pdf?sequence=1
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    Cited by:

    1. Marceli Hązła & Ewa Mińska‐Struzik, 2023. "How to assess economic progress in the era of discontinuity?," Global Policy, London School of Economics and Political Science, vol. 14(2), pages 331-348, May.
    2. Batana,Yele Maweki & Jarotschkin,Alexandra & Konou,Akakpo Domefa & Masaki,Takaaki & Nakamura,Shohei & Viboudoulou Vilpoux,Mervy Ever, 2021. "Demographic and Spatial Disparities in Labor Market Outcomes within the Kinshasa Urban Landscape," Policy Research Working Paper Series 9856, The World Bank.

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