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Submitted by TobiasLechtenfeld on
This raises some important macro-economic aspects. Without proper regulation it will be difficult to achieve the Quality Jobs, which are urgently needed. We have seen that economic growth alone does not always translate into job growth, and even less so into the creation of quality jobs. Through supporting modern labor market regulation and social protection, the World Bank is trying to contribute to these aspects without creating additional labor market disturbances and unintended adverse effects. That’s why new approaches are commonly piloted, evaluated and re-designed in the first years of implementation. But yes, a lot still needs to be done.