Cape Verde : Initial Assessment of the Formal Labor Market

World Bank

dc.creator	World Bank
dc.date	2012-03-19T10:26:27Z
dc.date	2012-03-19T10:26:27Z
dc.date	2010-12-17
dc.date.accessioned	2023-02-17T20:45:12Z
dc.date.available	2023-02-17T20:45:12Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110512234257
dc.identifier	http://hdl.handle.net/10986/2986
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/243337
dc.description	In the last 25 years, Cape Verde has made impressive progress in their historical transition from a centrally planned to market economy. Building the institutional foundations of a market economy, this small nation of islands located off the coast of West Africa has developed a vibrant private sector and opened to international trade. This has ignited economic growth, which in turn has brought about higher incomes and reduced poverty. Currently, Cape Verde has a well-functioning market economy and as a result graduated from the ranks of the low income countries to one of middle-income status. Such a successful transition, achieved over a short period of time, exceeded many observers' expectations. In any economy, the issue of high and persistent unemployment centers on the dynamics of net job creation linked to firm entry and firm expansion. The issue of disparities in labor market outcomes centers on the tendencies of reallocation of jobs and workers away from less productive regions, sectors and firms toward more productive economic activities. This study finds that in both fronts-net job creation and reallocation, there is reason for optimism. Job creation is substantially above job destruction. With respect to divergent labor market outcomes across islands, there is a trend towards convergence indicating that a national and integrated job market is emerging. Furthermore, as expected, these two developments are highly interlinked; emigration from areas and sectors characterized by relatively lower job growth and immigration into regions and sectors with relatively higher job growth is taking place. The study also offers preliminary findings about the effects of a public sector wage premium on labor market outcomes and, separately, there are indicative findings on factors that may be affecting the decision of workers to enter and stay in the informal sector or enter into formal employment.
dc.language	English
dc.publisher	World Bank
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCESS TO HEALTH CARE
dc.subject	AGE GROUP
dc.subject	AGE GROUPS
dc.subject	AGRICULTURE
dc.subject	AVERAGE PRODUCTIVITY
dc.subject	AVERAGE WAGE
dc.subject	AVERAGE WAGES
dc.subject	BARGAINING
dc.subject	BARGAINING POWER
dc.subject	BASE YEAR
dc.subject	BASIC EDUCATION
dc.subject	BENCHMARK
dc.subject	CITIZENS
dc.subject	COLLEGE EDUCATION
dc.subject	COMPETITIVENESS
dc.subject	CREATING JOBS
dc.subject	DEPENDANTS
dc.subject	DEVALUATION
dc.subject	EARNING
dc.subject	EARNINGS ABILITY
dc.subject	ECONOMETRIC MODELS
dc.subject	ECONOMIC CONDITIONS
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC INTEGRATION
dc.subject	ECONOMIC OPPORTUNITIES
dc.subject	ECONOMIC OUTCOMES
dc.subject	ECONOMIC PERFORMANCE
dc.subject	ECONOMIC THEORY
dc.subject	ELASTICITY
dc.subject	EMPLOYEE
dc.subject	EMPLOYMENT
dc.subject	EMPLOYMENT CREATION
dc.subject	EMPLOYMENT GENERATION
dc.subject	EMPLOYMENT GROWTH
dc.subject	EMPLOYMENT GROWTH RATE
dc.subject	EMPLOYMENT GROWTH RATES
dc.subject	EMPLOYMENT INCREASE
dc.subject	EMPLOYMENT TRENDS
dc.subject	ENTRY RATE
dc.subject	FAMILY MEMBERS
dc.subject	FAMILY RESPONSIBILITIES
dc.subject	FAMILY SUPPORT
dc.subject	FINANCIAL CRISIS
dc.subject	FIRM ENTRY
dc.subject	FIRM LEVEL
dc.subject	FOOD SECURITY
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FORMAL LABOR MARKET
dc.subject	FORMAL SECTOR WORKERS
dc.subject	FUTURE STUDIES
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GINI COEFFICIENT
dc.subject	GROSS DOMESTIC PRODUCT
dc.subject	HEALTH CARE
dc.subject	HIGH UNEMPLOYMENT
dc.subject	HIGH WAGE
dc.subject	HIGH WAGES
dc.subject	HOUSEHOLD INCOME
dc.subject	HOUSEHOLD SURVEY
dc.subject	HOUSEHOLD SURVEYS
dc.subject	HUMAN CAPITAL
dc.subject	ILLNESS
dc.subject	IMMIGRATION
dc.subject	IMPORTANT POLICY
dc.subject	INCOME SUPPORT
dc.subject	INDEXATION
dc.subject	INFORMAL ECONOMIES
dc.subject	INFORMAL SECTOR
dc.subject	INFRASTRUCTURE DEVELOPMENT
dc.subject	INTERNATIONAL LABOR ORGANIZATION
dc.subject	INTERNATIONAL TRADE
dc.subject	JOB CREATION
dc.subject	JOB DESTRUCTION
dc.subject	JOB DESTRUCTION RATE
dc.subject	JOB MARKET
dc.subject	JOB OFFERS
dc.subject	JOB OPPORTUNITIES
dc.subject	JOB SECURITY
dc.subject	JOBS
dc.subject	LABOR CODE
dc.subject	LABOR COMPENSATION
dc.subject	LABOR CONTRACT
dc.subject	LABOR DEMAND
dc.subject	LABOR FORCE
dc.subject	LABOR FORCE PARTICIPATION
dc.subject	LABOR LAW
dc.subject	LABOR MARKET FLEXIBILITY
dc.subject	LABOR MARKET OUTCOMES
dc.subject	LABOR MARKET PERFORMANCE
dc.subject	LABOR MARKET RIGIDITIES
dc.subject	LABOR MARKET RIGIDITY
dc.subject	LABOR MOBILITY
dc.subject	LABOR MOVEMENT
dc.subject	LABOR ORGANIZATION
dc.subject	LABOR PRODUCTIVITY
dc.subject	LABOR REGULATIONS
dc.subject	LABOR SUPPLY
dc.subject	LACK OF KNOWLEDGE
dc.subject	LEVEL OF EDUCATION
dc.subject	LOCAL LABOR MARKET
dc.subject	LONG-TERM UNEMPLOYMENT
dc.subject	MARKET ECONOMY
dc.subject	MARRIED MEN
dc.subject	MIDDLE INCOME COUNTRIES
dc.subject	MIGRANT
dc.subject	MIGRANT WORKERS
dc.subject	MIGRANTS
dc.subject	MIGRATION
dc.subject	MINIMUM WAGE
dc.subject	NATIONAL ECONOMY
dc.subject	NATIONAL UNEMPLOYMENT
dc.subject	NATIONAL UNEMPLOYMENT RATE
dc.subject	NATURAL RESOURCES
dc.subject	NET EMPLOYMENT
dc.subject	NET JOB CREATION
dc.subject	NUMBER OF HOUSEHOLDS
dc.subject	NUMBER OF WORKERS
dc.subject	OLDER AGE GROUPS
dc.subject	OLDER WORKERS
dc.subject	PENSIONS
dc.subject	PERFECT COMPETITION
dc.subject	PERSISTENT DISPARITIES
dc.subject	PERSISTENT UNEMPLOYMENT
dc.subject	POLITICAL SUPPORT
dc.subject	POPULATION GROWTH
dc.subject	POPULATION GROWTH RATE
dc.subject	PRESENTED EVIDENCE
dc.subject	PREVIOUS WORK
dc.subject	PREVIOUS WORK EXPERIENCE
dc.subject	PRIVATE FIRMS
dc.subject	PRIVATE SECTOR
dc.subject	PRIVATE SECTOR FIRMS
dc.subject	PRIVATE SECTOR JOB
dc.subject	PRIVATE SECTOR WAGES
dc.subject	PRIVATE SECTOR WORKER
dc.subject	PRIVATE SECTOR WORKERS
dc.subject	PRIVATE SECTORS
dc.subject	PRODUCTIVE EMPLOYMENT
dc.subject	PRODUCTIVITY DATA
dc.subject	PROGRESS
dc.subject	PUBLIC SECTOR JOB
dc.subject	PUBLIC SECTOR JOBS
dc.subject	PUBLIC SECTOR WORKER
dc.subject	PUBLIC SECTOR WORKERS
dc.subject	RATE OF GROWTH
dc.subject	REAL GDP
dc.subject	REAL INCOME
dc.subject	REAL WAGE
dc.subject	REAL WAGES
dc.subject	REGIONAL UNEMPLOYMENT
dc.subject	REGRESSION ANALYSIS
dc.subject	REMITTANCE
dc.subject	REMITTANCES
dc.subject	RESPECT
dc.subject	RETENTION RATES
dc.subject	RIGID LABOR MARKETS
dc.subject	RURAL AREAS
dc.subject	RURAL EMPLOYMENT
dc.subject	SECONDARY EDUCATION
dc.subject	SEVERANCE PAYMENT
dc.subject	SKILLED LABOR
dc.subject	SKILLED WORKERS
dc.subject	SOCIAL PROTECTION
dc.subject	SOCIAL SECURITY
dc.subject	SPOUSE
dc.subject	STATISTICAL ANALYSIS
dc.subject	TOTAL EMPLOYMENT
dc.subject	TOTAL WORKERS
dc.subject	UNEMPLOYED
dc.subject	UNEMPLOYED PERSONS
dc.subject	UNEMPLOYED WORKER
dc.subject	UNEMPLOYED WORKERS
dc.subject	UNEMPLOYMENT
dc.subject	UNEMPLOYMENT RATE
dc.subject	UNEMPLOYMENT RATES
dc.subject	UNSKILLED WORKERS
dc.subject	URBAN AREAS
dc.subject	URBAN POPULATION
dc.subject	VALUE ADDED
dc.subject	VULNERABILITY
dc.subject	WAGE DETERMINATION
dc.subject	WAGE DIFFERENTIALS
dc.subject	WAGE DISTRIBUTION
dc.subject	WAGE FLOOR
dc.subject	WAGE GROWTH
dc.subject	WAGE LEVELS
dc.subject	WAGE PREMIUM
dc.subject	WAGE RATE
dc.subject	WAGE RATES
dc.subject	WORKER
dc.subject	WORKER HETEROGENEITY
dc.subject	WORKER PRODUCTIVITY
dc.subject	WORKERS
dc.subject	WORKERS EXPERIENCE
dc.subject	YOUNG PEOPLE
dc.subject	YOUNGER WORKERS
dc.title	Cape Verde : Initial Assessment of the Formal Labor Market
dc.type	Economic & Sector Work :: Other Financial Sector Study
dc.coverage	Africa
dc.coverage	West Africa
dc.coverage	Sub-Saharan Africa
dc.coverage	Cape Verde