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dc.title Econonomic Revitalization in El Salvador: A Data-Driven Approach to Territorial Development
dc.contributor.authorRuiz-Arranz, Marta
dc.contributor.authorMartin, Lucia
dc.contributor.authorBarrios, Juan José
dc.contributor.authorContreras, Diana
dc.contributor.authorPeña, Werner
dc.contributor.orgunitCountry Office in El Salvador
dc.coverageEl Salvador
dc.coverageCentral America
dc.date.available2025-02-07T00:02:00
dc.date.issue2025-01-30T00:01:00
dc.description.abstractRecent improvements in security, reduced migration, and stronger economic indicators, such as growth and investment, have created favorable conditions for El Salvador's development. With a young workforce, the government aims to boost growth, create jobs, and reduce living costs over the next five years. This study proposes a territorial approach to identify economic opportunities, targeting 36 municipalities with skilled workers and vulnerable populations prone to migration. These municipalities are grouped into five clusters centered on Santa Ana, San Miguel, San Salvador, La Unión, and Sensuntepeque, benefiting up to 1.6 million people through strategic investments. Sectoral analysis identified 17 key industries, 10 of which could generate over 10,000 quality jobs per US$100 million investment. Aligning sectors with regional strengths, such as paper manufacturing in San Salvador, the accommodation industry in Santa Ana, fish processing in La Union and dairy production in Sensuntepeque, demonstrate the diversity of opportunities. Additionally, cross-regional sectors like textiles, furniture manufacturing, and Information and Communication Technology (ICT) offer further avenues for growth. Recommendations include improving vocational training, enhancing the business climate, and investing in infrastructure to foster inclusive, sustainable growth.
dc.format.extent36
dc.identifier.doihttp://dx.doi.org/10.18235/0013395
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/-Econonomic-Revitalization-in-El-Salvador-A-Data-Driven-Approach-to-Territorial-Development-.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectMunicipal Government
dc.subjectEconomic Transformation
dc.subjectHuman Migration
dc.subjectEconomic Development
dc.subjectIndustry
dc.subjectManufacturing Industry
dc.subjectLabor
dc.subjectInvestment
dc.subjectLabor Market
dc.subjectLabor Force
dc.subject.jelcodeO10 - Economic Development: General
dc.subject.jelcodeO40 - Economic Growth and Aggregate Productivity: General
dc.subject.jelcodeR11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
dc.subject.jelcodeR58 - Regional Development Planning and Policy
dc.subject.jelcodeJ24 - Human Capital • Skills • Occupational Choice • Labor Productivity
dc.subject.jelcodeE24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity
dc.subject.jelcodeF22 - International Migration
dc.subject.jelcodeL52 - Industrial Policy • Sectoral Planning Methods
dc.subject.keywordseconomic transformation;economic growth;Employment;jobs;Economic Opportunities;Territorial Development;regional development;Sectoral Analysis;El Salvador;Inter-American Development Bank
dc.typeMonographs
idb.identifier.pubnumberIDB-MG-01258
idb.operationES-P1117
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