Dominican Republic Jobs Diagnostic

Hernan Winkler and Miriam Montenegro

No 33039572, Jobs Group Papers, Notes, and Guides from The World Bank

Abstract: By many measures, the Dominican Republic experienced a stellar economic performance since the early 2000s. Upon closer inspection, however, progress has been slower than the aggregate indicators suggest. The fact that economic growth did not fully translate into higher job quality may help explain why the country’s poverty indicators only declined at the same average pace as other countries in Latin America and the Caribbean, even though its per capita gross domestic product (GDP) grew almost twice as fast as the regional average. This Jobs Diagnostic argues that the main labor market challenge facing the Dominican Republic is how to increase the quality of jobs in a sustained manner. Meeting this challenge is important both for achieving greater poverty reduction and shared prosperity in the medium term, as well as for rendering jobs less vulnerable to the risks posed by longer-term automation and globalization trends. This report presents new findings on the main bottlenecks that are hindering the creation of better jobs in the Dominican Republic and outlines the elements of a jobs strategy that can help remove them.

Keywords: Socio-Economic Database for Latin America and the Caribbean; productivity growth; Labor Market; information and communication technology; employment in the services sector; labor productivity growth; real wage growth; labor force participation rate; minimum wage; lower level of education; small and medium enterprise; producer price index; active labor market program; marginal product of labor; constant elasticity of substitution; increase of labor productivity; input-output table; rate of productivity growth; reduction of gender disparity; quality of job; Job Quality; labor market outcome; increase in labor; change in employment; working age population; quality of education; agriculture and industry; average real wage; Transport and ICT; share of work; labor demand; employment share; industry sector; business environment; real minimum wage; source of income; human capital accumulation; source income; agriculture industry; barrier to entry; labor productivity increase; production due; Superintendencia de Pensiones; social security rights; share of employment; free trade zone; impacts on employment; foreign exchange inflow; average productivity growth; labor force survey; inclusion of women; consumer price inflation; high oil price; terms of trade; reduction in poverty; decomposition of growth; share of wage; labor market efficiency; gross domestic product; increasing income inequality; fast economic growth; rights of minority; low unemployment rate; Access to Electricity; competitive market conditions; labor market participation; national income account; number of jobs; high productivity growth; product market competition; rising wage inequality; demand for labor; supply of labor; efficiency of labor; open unemployment; labor share; unpaid work; productive sector; production function; value added; new job; teenage pregnancy (search for similar items in EconPapers)
Pages: 98
Date: 2021-04-01
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Working Paper: Dominican Republic Jobs Diagnostic (2021)
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