Better Jobs in Central America : The Role of Human Capital
The biggest challenge in terms of jobs in Central America is to create better conditions to stimulate more productive job creation in the context of a rapidly growing labor force. Overcoming this challenge will contribute to reducing poverty, inequ...
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| Language: | English en_US |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/05/16785940/better-jobs-central-america-role-human-capital http://hdl.handle.net/10986/11924 |
| Summary: | The biggest challenge in terms of jobs
in Central America is to create better conditions to
stimulate more productive job creation in the context of a
rapidly growing labor force. Overcoming this challenge will
contribute to reducing poverty, inequality and social
exclusion which are so entrenched in the Central American
countries. To achieve this goal, Central America needs to
address a two-pronged policy. First, the region must
implement policies that help farmers and workers to move up
the value chain, which means in some cases diversify the
production structure by increasing the share of industry and
services, and in other cases, it should improve the
technological content and knowledge of existing activities
to make them more productive (for example, agriculture). The
paper is organized as follows: Section II describes the
origin of the recent growth of the region and its impact on
the labor market. Section III discusses the challenges of
human capital faced by the region, and Sections IV and V
provide governments with policy options for consideration. |
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