{
  "title": "Djibouti: Selected Issues",
  "publication": "IMF Staff Country Reports, June 4, 2024",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2024/06/04/djibouti-selected-issues-549878",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2024/06/04/djibouti-selected-issues-549878",
  "overlayPath": "/en/publications/cr/issues/2024/06/04/djibouti-selected-issues-549878/index.md",
  "summary": "This Selected Issues paper focuses on empowering diverse futures. The economy of Djibouti grew at an unprecedented rate during the last decade, but the investment-led economic expansion did not translate into tangible labor market’s improvements.",
  "sections": [
    {
      "heading": "Overview and main finding",
      "content": "- The paper focuses on empowering diverse futures for Djibouti.\n- Djibouti’s economy \"grew at an unprecedented rate during the last decade,\" but this investment-led expansion \"did not translate into tangible labor market’s improvements.\"\n- The growth model is characterized as capital-intensive, which \"limits job creation\" and, combined with growing skill mismatches, has \"increased structural unemployment.\""
    },
    {
      "heading": "Labor market diagnosis",
      "content": "- Capital-intensive investment-led growth has not produced broad-based employment gains.\n- Growing skill mismatches in the labor market have contributed to structural unemployment.\n- Access to education has \"increased dramatically since the 2000s,\" but quality and relevance gaps remain."
    },
    {
      "heading": "Policy recommendations and priorities",
      "content": "- Improve the quality of education and expand vocational and adult learning to address skill mismatches.\n- Step-up economic diversification to support development of more labor-intensive sectors and spread the benefits of growth more widely across the population.\n- Design and implement adequate policy frameworks that foster job creation, grounded in complete and timely labor market data."
    },
    {
      "heading": "Data and implementation constraints",
      "content": "- The timely collection of labor market statistics is identified as a \"key constraint for supporting decision-making and job creation.\"\n- Frequent collection of basic labor market data, such as \"the unemployment rate,\" is prioritized for policy design and implementation."
    },
    {
      "heading": "Thematic coverage (as presented in the paper)",
      "content": "- Corporate income tax\n- International organization\n- Labor\n- Labor markets\n- Monetary policy\n- Personal income tax\n- Revenue administration\n- Taxes\n\nDjibouti: Selected Issues — June 4, 2024\n\n---\n\n Content in this bundle\n\n- Djibouti: Selected Issues; IMF Country Report No. 24/149; March 18, 2024\n  - Djibouti: Selected Issues; IMF Country Report No. 24/149; March 18, 2024 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Djibouti: Selected Issues; IMF Country Report No. 24/149; March 18, 2024 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2024/06/04/djibouti-selected-issues-549878/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2024/06/04/djibouti-selected-issues-549878/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2024/06/04/djibouti-selected-issues-549878/bundle-manifest.json)",
    "Published: June 4, 2024",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798400277924.002",
    "The paper focuses on empowering diverse futures for Djibouti.",
    "Djibouti’s economy \"grew at an unprecedented rate during the last decade,\" but this investment-led expansion \"did not translate into tangible labor market’s improvements.\"",
    "The growth model is characterized as capital-intensive, which \"limits job creation\" and, combined with growing skill mismatches, has \"increased structural unemployment.\"",
    "Capital-intensive investment-led growth has not produced broad-based employment gains.",
    "Growing skill mismatches in the labor market have contributed to structural unemployment.",
    "Access to education has \"increased dramatically since the 2000s,\" but quality and relevance gaps remain.",
    "Improve the quality of education and expand vocational and adult learning to address skill mismatches.",
    "Step-up economic diversification to support development of more labor-intensive sectors and spread the benefits of growth more widely across the population.",
    "Design and implement adequate policy frameworks that foster job creation, grounded in complete and timely labor market data.",
    "The timely collection of labor market statistics is identified as a \"key constraint for supporting decision-making and job creation.\"",
    "Frequent collection of basic labor market data, such as \"the unemployment rate,\" is prioritized for policy design and implementation.",
    "**Djibouti: Selected Issues; IMF Country Report No. 24/149; March 18, 2024**"
  ],
  "related": [
    {
      "title": "Djibouti: Selected Issues; IMF Country Report No. 24/149; March 18, 2024",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/cr/2024/english/1djiea2024002.pdf",
      "summary": {
        "path": "/-/media/files/publications/cr/2024/english/1djiea2024002.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/cr/2024/english/1djiea2024002.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2024/06/04/djibouti-selected-issues-549878/index.md",
    "json": "/en/publications/cr/issues/2024/06/04/djibouti-selected-issues-549878/index.json",
    "bundleManifest": "/en/publications/cr/issues/2024/06/04/djibouti-selected-issues-549878/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-11T13:20:10.884Z"
}