Publication: Nicaragua Jobs Diagnostic: Toward a Jobs and Economic Transformation Strategy
Date
2019-06-07
ISSN
Published
2019-06-07
Author(s)
Castro-Leal, Florencia T.
Porras-Mendoza, Janet
Abstract
The Nicaragua Jobs Diagnostic applies
the Bank's standard Jobs Diagnostics tool to explore
trends and macro drivers of economic and jobs
transformation, labor market outcomes from the supply side,
and sources of job creation from the perspective of the
demand or private sector sides. The report shows that the
distributions of jobs and production (value added) do not
show significant changes over the last 15 years. This
finding is directly linked to the slow urbanization and the
predominance of subsistence agriculture in rural areas, thus
reinforcing and urging the need to shift the Nicaraguan
economy towards higher productivity, employment creation,
and formalization to support future growth in jobs. The
recommendations address structural and short-term challenges
focusing on labor and jobs growth. This report will serve
the country and sector teams as an entry point to explore
future areas of interest, as it is designed to serve as a
baseline to understand the economic transformation trends
until 2018; particularly in the event of the shock that
shrank the economy by more than 3 percent
Citation
“Castro-Leal, Florencia T.; Porras-Mendoza, Janet. 2019. Nicaragua Jobs Diagnostic: Toward a Jobs and Economic Transformation Strategy. Jobs Series;No. 23. © World Bank, Washington, DC. http://hdl.handle.net/10986/34275 License: CC BY 3.0 IGO.”