Economic Insecurity, Employment and Unemployment, Inequalities, Money and Finance
For a full and decent employment in Africa: the role of a Job Guarantee
Ndongo Samba SyllaRosa Luxemburg Foundation, Dakar
This article argues for a development strategy based on the mobilization of domestic resources, in particular, on full and decent employment, instead of the dominant approach that consists in making job creation a goal derived from the growth of the existing productive capacity. To this end, the author recommends the implementation of a job guarantee in African countries in the same vein as the literature inspired by Modern Money Theory (MMT) that defends its desirability and feasibility in peripheral countries. However, the article stresses the importance of adapting this public policy instrument to contexts where underemployment is a more prevalent reality than unemployment in the strict sense. The case of Senegal is used to highlight the relevance of this type of program, the contextual specificities that should be taken into account, and the way in which it could be implemented.
Cross Reference: Papers,Policy Note,Economic Insecurity, Employment and Unemployment, Inequalities, Money and Finance