Digital Senegal for Inclusive Growth

Digital Senegal for Inclusive Growth PDF Author: Marcio Cruz
Publisher: World Bank Publications
ISBN: 1464816875
Category : Business & Economics
Languages : en
Pages : 151

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Book Description
Senegal, like all African countries, needs better and more jobs for its growing population. The main message of Digital Senegal for Inclusive Growth is that broader use of productivity-enhancing technologies by households and enterprises can generate such jobs, including for lower-skilled people. Adoption of better technologies can support both Senegal’s short-term objective of economic recovery and its vision of economic transformation with more inclusive growth. But this is not automatic. This book leverages a novel survey instrument that measures adoption of technologies at the firm level. Results from this survey show that there is a large average technological gap in Senegal relative to firms in Brazil, in the range of 36 and 30 percent for extensive (whether firms use it at all) and intensive (the most frequently applied) uses of better technologies such as for business administration. Except for a small number of firms, enterprises still mostly use manual, analog technologies to perform general and sector specific business functions. Micro-size informal enterprises lag even further. The benefits from technology adoption are significant. Digital technologies are an enabler of economy-wide productivity and jobs growth by catalyzing adoption of complementary technologies, including many not accessible without digital infrastructure. For households, mobile internet coverage is associated with 14 percent higher total consumption, as well as a 10 percent lower extreme poverty rate—and jobs with higher earnings. Firms with better technologies have higher levels of productivity, generate more jobs, and increase the share of lower-skilled workers on their payroll, on average: an increase in technological sophistication across general business functions that the firm uses most intensively, such as using standard software rather than writing by hand for business administration, is associated with a 14 percent higher jobs growth rate. For these and other inclusive growth benefits to be realized, Senegal should focus on ensuring availability of affordable digital infrastructure and implementing targeted incentives to promote use by firms of better technologies as well as policies to narrow deepening digital divides across enterprises and households.

Digital Senegal for Inclusive Growth

Digital Senegal for Inclusive Growth PDF Author: Marcio Cruz
Publisher: World Bank Publications
ISBN: 1464816875
Category : Business & Economics
Languages : en
Pages : 151

Get Book Here

Book Description
Senegal, like all African countries, needs better and more jobs for its growing population. The main message of Digital Senegal for Inclusive Growth is that broader use of productivity-enhancing technologies by households and enterprises can generate such jobs, including for lower-skilled people. Adoption of better technologies can support both Senegal’s short-term objective of economic recovery and its vision of economic transformation with more inclusive growth. But this is not automatic. This book leverages a novel survey instrument that measures adoption of technologies at the firm level. Results from this survey show that there is a large average technological gap in Senegal relative to firms in Brazil, in the range of 36 and 30 percent for extensive (whether firms use it at all) and intensive (the most frequently applied) uses of better technologies such as for business administration. Except for a small number of firms, enterprises still mostly use manual, analog technologies to perform general and sector specific business functions. Micro-size informal enterprises lag even further. The benefits from technology adoption are significant. Digital technologies are an enabler of economy-wide productivity and jobs growth by catalyzing adoption of complementary technologies, including many not accessible without digital infrastructure. For households, mobile internet coverage is associated with 14 percent higher total consumption, as well as a 10 percent lower extreme poverty rate—and jobs with higher earnings. Firms with better technologies have higher levels of productivity, generate more jobs, and increase the share of lower-skilled workers on their payroll, on average: an increase in technological sophistication across general business functions that the firm uses most intensively, such as using standard software rather than writing by hand for business administration, is associated with a 14 percent higher jobs growth rate. For these and other inclusive growth benefits to be realized, Senegal should focus on ensuring availability of affordable digital infrastructure and implementing targeted incentives to promote use by firms of better technologies as well as policies to narrow deepening digital divides across enterprises and households.

Inclusive Digital Senegal

Inclusive Digital Senegal PDF Author: Marcio Cruz
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 0

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Book Description
Senegal, like all African countries, needs better and more jobs for its growing population. The main message of this publication is that broader use of productivity-enhancing technologies by households and enterprises can generate such jobs, including for lower-skilled people. Adoption of better technologies can support both Senegal's short-term objective of economic recovery and its vision of economic transformation with more inclusive growth. But this is not automatic. This book leverages a novel survey instrument that measures adoption of technologies at the firm level. Results from this survey show that there is a large average technological gap in Senegal relative to firms in Brazil, in the range of 36 and 30 percent for extensive (whether firms use it at all) and intensive (the most frequently applied) uses of better technologies such as for business administration. Except for a small number of firms, enterprises still mostly use manual, analog technologies to perform general and sector specific business functions. Micro-size informal enterprises lag even further. The benefits from technology adoption are significant. Digital technologies are an enabler of economy-wide productivity and jobs growth by catalyzing adoption of complementary technologies, including many not accessible without digital infrastructure. For households, mobile internet coverage is associated with 14 percent higher total consumption, as well as a 10 percent lower extreme poverty rate-and jobs with higher earnings. Firms with better technologies have higher levels of productivity, generate more jobs, and increase the share of lower-skilled workers on their payroll, on average: an increase in technological sophistication across general business functions that the firm uses most intensively, such as using standard software rather than writing by hand for business administration, is associated with a 14 percent higher jobs growth rate. For these and other inclusive growth benefits to be realized, Senegal should focus on ensuring availability of affordable digital infrastructure and implementing targeted incentives to promote use by firms of better technologies as well as policies to narrow deepening digital divides across enterprises and households.

Digital Economy for Africa

Digital Economy for Africa PDF Author: World Bank Group
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The rapid technological advancement is now disrupting the global economy and creating new business and development models, offering countries opportunities to leapfrog over traditional paths for economic growth. Over the past years, digital technologies have been spreading throughout the world at a faster pace than previous waves of technological innovation, re-shaping consumer behavior, social interaction, businesses and governments. The digital economy (DE), which encompasses a wide range of new applications of information technology in business models and products, can spur economic growth, productivity and employment and, with appropriate policies to mitigate inherent risks, has a potential to support inclusive outcomes. In this global context, digital transformation of the economy has become a major objective for the government of Senegal (GoS). This report provides a snapshot of the state of DE in Senegal and uses several World Bank tools and international best practices to provide actionable recommendations to the GoS.

Digital Africa

Digital Africa PDF Author: Tania Begazo
Publisher: World Bank Publications
ISBN: 1464818371
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
All African countries need better and more jobs for their growing populations. Digital Africa: Technological Transformation for Jobs shows that broader use of productivity-enhancing digital technologies by enterprises and households is imperative to generate such jobs, including for lower-skilled people. At the same time, broader use can support not only countries’ short-term objective of postpandemic economic recovery but also their vision of economic transformation with more inclusive growth. These outcomes are not automatic, however. Mobile internet availability has increased throughout the continent in recent years, but Africa’s uptake gap is the highest in the world. Areas with at least 3G mobile internet service now cover 84 percent of country populations averaged across Sub-Saharan Africa, but only 22 percent use such services. The average African business lags in the use of smartphones and computers, as well as more sophisticated digital technologies that catalyze further productivity gains. Two issues explain the usage gap: the affordability of these new technologies and the willingness to use them. For the 40 percent of Africans below the extreme poverty line, mobile data plans alone would cost one-third of their incomes—in addition to the price of access devices, apps, and electricity. Data plans for small and medium businesses are also more expensive than in other regions. Moreover, shortcomings in the quality of internet services—and in the supply of attractive, skill-appropriate apps that promote entrepreneurship and raise earnings—dampen people’s willingness to use them. For those countries already using these technologies, the development payoffs are significant. New empirical studies for this report add to the rapidly growing evidence that mobile internet availability directly raises enterprise productivity, increases jobs, and reduces poverty across Africa. To realize these and other benefits more widely, Africa’s countries must implement complementary and mutually reinforcing policies to strengthen both consumers’ ability to pay and willingness to use digital technologies. These interventions must prioritize productive use to generate large numbers of inclusive jobs in a region poised to benefit from a massive, youthful workforce—one projected to become the world’s largest by the end of this century.

Digital Economy for Africa (DE4A)

Digital Economy for Africa (DE4A) PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The rapid technological advancement is now disrupting the global economy and creating new business and development models, offering countries opportunities to leapfrog over traditional paths for economic growth. Over the past years, digital technologies have been spreading throughout the world at a faster pace than previous waves of technological innovation, re-shaping consumer behavior, social interaction, businesses and governments. The digital economy (DE), which encompasses a wide range of new applications of information technology in business models and products, can spur economic growth, productivity and employment and, with appropriate policies to mitigate inherent risks, has a potential to support inclusive outcomes. In this global context, digital transformation of the economy has become a major objective for the government of Senegal (GoS). This report provides a snapshot of the state of DE in Senegal and uses several World Bank tools and international best practices to provide actionable recommendations to the GoS.

Digital developments and employment

Digital developments and employment PDF Author: Wilma Viviers
Publisher: AOSIS
ISBN: 1779953194
Category : Business & Economics
Languages : en
Pages : 172

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Book Description
There is broad consensus in the literature that job creation and productive employment are critical for building a vibrant, inclusive economy. The digital era has the potential to expand employment by creating new professional pathways and market opportunities, particularly in Africa, which has high levels of unemployment and considerable room for enhanced economic activity. However, advancing digital technologies also pose risks and concerns – notably that machines will increasingly take over the jobs of humans. The effects of digital developments on employment therefore warrant thorough investigation. This book delves into the effects of digital developments on employment in Africa, using both qualitative and quantitative research methods. An important premise in the book is that employment is a leading determinant of inclusive growth, which has become a policy imperative across the continent. Despite a wide range of views on digital developments and employment, there is no well-established, empirically determined relationship between these two phenomena in Africa, which makes policy-making difficult. The book addresses this research gap, giving specific attention to the fact that African countries are far from homogeneous, evidenced by their highly diverse economic activities and varying levels of development. The book is essential reading for scholars in the development economics discipline who have an interest in policy studies and in gaining a holistic appreciation of the employment effects of digital developments in Africa. Such insights will go a long way towards shaping countries’ economic and digital policies and putting the continent onto a steadier path towards its digital future.

Science, Technology and Innovation Policies for Inclusive Growth in Africa

Science, Technology and Innovation Policies for Inclusive Growth in Africa PDF Author: Achim Gutowski
Publisher: LIT Verlag Münster
ISBN: 3643911734
Category :
Languages : en
Pages : 584

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Book Description
The volume analyses major strategic and policy issues. How to make Science, Technology and Innovation (STI) Policies relevant for inclusive growth strategies in Africa so that socio-economic transformation strategies will take off. The first part discusses the issues of human skills development as part of STI policies, based on visions, strategic plans and country cases (for Cameroon, Nigeria and Mauritania). The second part looks at STI Policies for Economic Transformation, focussing on country case studies (for Egypt and Tunisia). A third part presents book reviews and book notes.

Economic Development in the Digital Age

Economic Development in the Digital Age PDF Author: Nagy K. Hanna
Publisher: Springer Nature
ISBN: 3031545699
Category :
Languages : en
Pages : 172

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Book Description


Developing Entrepreneurial Ecosystems for Digital Businesses and Beyond

Developing Entrepreneurial Ecosystems for Digital Businesses and Beyond PDF Author: Marcio Cruz
Publisher: World Bank Publications
ISBN: 1464820090
Category : Business & Economics
Languages : en
Pages : 135

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Book Description
An entrepreneurial ecosystem is characterized by the structure and interactions of organizations, firms, institutions, and individuals in a specific locale that is conducive to entrepreneurship. It can be defined as a set of interdependent actors and factors that are governed in such a way that they enable productive entrepreneurship in a particular territory. The World Bank has developed a new toolkit, Developing Entrepreneurial Ecosystems for Digital Businesses and Beyond, for entrepreneurial ecosystem assessments, including dedicated methodologies and data sets, to nurture digital entrepreneurship. This toolkit builds on the World Bank’s expertise in collecting and analyzing firm-level data, assessing the quality and efficiency of policies that support innovation and small and medium enterprises, and deriving insights from spatial economics to inform subnational analysis. The toolkit consists of six modules: cross-country context analysis, assessing local entrepreneurial ecosystems, digital entrepreneurship and tech start-ups, mapping public programs and intermediary organizations, digital market regulations, and policy options to support entrepreneurial ecosystems.

The Global Findex Database 2017

The Global Findex Database 2017 PDF Author: Asli Demirguc-Kunt
Publisher: World Bank Publications
ISBN: 1464812683
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.