Jobs and Welfare in an Agrarian Economy
Mozambique has achieved remarkable macroeconomic success over recent decades, boasting one of the world’s highest rates of GDP growth. Even so, absolute poverty remains persistent, at times spilling over into social unrest. This chapter focuses on labor market trends in order to better understand the link between aggregate growth and household welfare. We ask: (a) what has happened to jobs in Mozambique over the past fifteen years; (b) what has been the link between jobs and development outcomes; and (c) where should policy-makers focus to create more good jobs? To inform the analysis, we collate data from a series of household surveys and estimate an econometric model of the determinants of household jobs portfolios. We conclude that jobs policy must seek to raise agricultural productivity and stimulate labor-intensive exports.
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