Europe and Central Asia
With the fall of the Soviet Union, much of Russia’s demand disappeared and many firms in the country closed during the 1990s. Although the industrial sector has begun a revival over the last few years - with garment shops and private enterprises expanding - the service sector now dominates in the country - accounting for approximately 54% of GDP and 64% of jobs.
Following two rounds of low PISA test results, the government became concerned about skills more broadly and how those skills might affect employment outcomes.
But, little was known about skills in the country!
Foreign access rarely receives good press. Although over half of the world’s exclusive economic zones are subject to some form of foreign fishing arrangement, there is a perception that industrialized nations are "giving with one hand while taking away with the other." Criticism abounds regarding the role that foreign fleets play in overexploiting coastal state fish stocks, in engaging in illegal and unreported activity, in contributing to conflicts with small-scale fisheries and in generally undermining domestic fishing interests in vulnerable developing economies.
It was my first time visiting Armenia, so it was a fascinating trip and I learned a tremendous amount about the country and its people.
Of course, in three days one can only get a small sample of the major issues that challenge development, rather than a rich flavor for the deep subtleties that represent the people or factors that drive the economy. But, given my basic knowledge of the country, the new information I gained was a tremendous leap forward.
100 days ago today, I relocated to Moldova from Kyrgyzstan. I’m still getting to know my new host country and still figuring my way around the office (so please don’t ask me just yet where to find the office paper-puncher).
Also, if you ask me “How’s Moldova?” you will probably get the standard response, “Ask me again in six months”.
However, I can give any newcomer to Moldova one solid piece of advice: do not do what I did! Do not, on any account, read “The Good Life Elsewhere” by Vladimir Lorchenkov.
The IT revolution has transformed labor markets globally in an unprecedented way. New jobs as well as new ways of working have appeared, and traditional skills and jobs have lost their dominance. World Bank Lead Economist Roberta Gatti looks at Poland's ability to address the challenges posed by these new realities.
When we analyzed the data for our recent report, “The Skills Road: Skills for Employability in Uzbekistan” what we found was eye-opening.