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job creation

From structural adjustment to structural change: why jobs are the key to development

Dino Merotto's picture
As a professional economist for 25 years, I’m intrigued to see academic thinking towards growth and development swing back to where it was when I was a boy; structural change. As development partners, we need to re-think structural policy priorities to achieve shared prosperity by looking at countries through a jobs lens. The Bank has developed a jobs diagnostic tool kit to help with that process.

Online outsourcing is creating opportunities for job seekers and job creators

Toks Fayomi's picture
Meet  Joan, a 24-year-old online outsourcing entrepreneur in Kenya. Joan started working online when she was 21 and still in university. Today, she has her own business, employs five people and earns approximately US$800 per month after paying her staff.
 
Joan and many others are profiled in a new study on online outsourcing (OO), entitled “Leveraging the Global Opportunity in Online Outsourcing,” which will be published in late March 2015.

The study, developed by the World Bank in partnership with the Rockefeller Foundation’s Digital Jobs Africa Initiative, is the first publication to summarize and analyze global experiences in OO. It provides a better understanding of OO’s potential impact on human capital and employment, as well as explores possible ways that governments can improve their competitiveness in the OO market. The study includes case studies from Nigeria and Kenya, and an online toolkit to assess country competitiveness.

Moving up the garment industry’s global value chain

Paul Lister's picture

Many African countries are striving to move up the global value chain in the footsteps of countries like China and (more recently) Bangladesh. We asked Paul Lister – Director of Legal Services and Company Secretary, Associated British Foods (ABF) – how ABF and its subsidiaries determine where it will source goods. He says that in the end, efficiency is key.

Textiles in Bongooo Bazaar, Dhaka, Bangladesh. Photo: Flickr @ dnevill (Dan Nevill)

Bangladesh’s inclusive Central Bank

Atiur Rahman's picture

Bangladesh is now the world’s second largest apparel exporter after China. Its garment industry accounts for 80% of its overall exports and around 4 million jobs. Atiur Rahman, Governor of the Central Bank of Bangladesh, tells us that the government sees employment (both formal and informal) as the link between growth and poverty reduction, with an emphasis on inclusive growth policy and financial inclusion.

Workers in the Wool Tex Sweaters Limited in Shewrapara, Dhaka. Photo: Abir Abdullah/ADB

The shape of future jobs

Nigel Twose's picture

Between now and 2030, countries all over the world will have to create about 600 million jobs just to absorb the expanding working age population – while simultaneously coping with a number of daunting challenges. Against this backdrop, the World Economic Forum’s Global Council on the Future of Jobs — in which I participate — is launching a survey of 2,000 firms to learn how they anticipate major trends will shape the labor market in their industry by 2020.

Nukua'lofa, Tonga. Photo: Flickr@WorldBank (Tom Perry)

Realizing the hopes of unemployed youth in Papua New Guinea

Walai Punena Jacklyn Tongia's picture



I met Gilford Jirigani at a workshop in Port Moresby a few months ago. What struck me about him was his natural confidence and poise as he captured the audience’s attention - including mine-as he told us how one project changed his life. He went from being an unemployed kid, down and out and unclear about his life in the city, to eventually becoming one of the pioneers of a youth program aimed at increasing the employability of unemployed youth in Port Moresby in 2012.

The Importance of Good Governments for Youth Employment

Diane LuTran's picture
World Bank Group Youth Summit 2014
For more details on the World Bank Group
Youth Summit and how to apply, click here.
The role of government to address youth unemployment is crucial as they provide the "enabling environment" for youth to thrive. Governments operate as a nexus between policy and practice, and addressing the socio-economic problems impacting youth, such as unemployment and barriers to political participation is essential for youth progress and development [...]


The World Bank is providing a space to discuss these issues and more at the upcoming Youth Summit, which will be held Oct. 7 in Washington, D.C.

Conservation and Economic Development: Is it a Forked Road?

Anupam Joshi's picture

It was getting dark and the mist engulfing the jungle made the challenge of spotting the stripes even harder. My guide, a trained local tribal youth, was excited and kept telling stories about the sights and sounds of the jungle. In all fairness, I had enjoyed the trek. Every turn or straight path presented a beautiful landscape, majestic trees, bamboo thickets, gurgling streams, colorful birds, distant animal calls and the gentle fresh breeze. Sighting a tiger would only complete the experience. Will we? Won’t we, see one?
 
In many ways, the experience of sighting a tiger reflects the challenge its very survival is facing! Will it? Won’t it, survive? But more importantly, will someone notice if it is not around? Fortunately, I was in Periyar Tiger Reserve in the southern Indian State of Kerala, a turnaround success story where the World Bank’s India Ecodevelopment Project significantly increased income opportunities for the locals, improved reserve management and encouraged community participation in co-managing the reserve. Though this happened a decade ago, even today the incomes are sustained and communities are closely engaged! But such success stories are few and far between.
 

Pursuing job creation, citizen engagement and government efficiency through ICTs in Nigeria

Luda Bujoreanu's picture
Nigeria's Ministry of Communication Technology is
advancing a wide range of ICT initiatives,
​including a National Broadband
Development Plan. 
Nations cannot be competitive, innovate and generate tomorrow’s jobs without technology and digitally literate citizens. Similarly, organizations like the World Bank cannot achieve their objectives without fully utilizing the power and potential of technology. Here at the World Bank, we’re striving to reduce the extreme poverty rate to no more than three percent and boost income growth of the world's poorest 40 percent by 2030. These goals cannot be achieved without fully embracing the transformative powers of technology and innovation.  

Nigeria is home to Africa’s largest population (approximately 174.5 million) and the continent’s biggest economy (more than $500 billion in annual GDP). It is also the center for a wide range of Information and Communication Technology (ICT) activities, from policy to practice – many of which are supported by the World Bank.

Since the establishment of the Ministry of Communication Technology in 2011, the Nigerian government has made notable progress in advancing its ICT agenda. The government has catalyzed significant efforts in the area of policy and regulation, with an ICT Policy developed in 2012, a National Broadband Development Plan developed in 2013 and an e-Government Strategy now in the works.

Big vs. small firms: one size does not fit all

Jacques Morisset's picture



Is bigger always better? Economists have long debated what size firms are more likely to drive business expansion and job creation. In industrial countries like the United States, small (young) firms contribute up to two-thirds of all net job creation and account for a predominant share of innovation. (Source: McKinsey, Restarting the US small-business growth engine, November 2012). In developing countries, evidence from Ethiopia, Ghana and Madagascar shows that the vast majority of small operators remain small, and so are unlikely to create many decent jobs over time [Source: World Bank, Youth Employment, 2014]. By contrast, ‘big’ enterprises are seen as the best providers of employment opportunities and new technologies.

The difference in role and performance of small firms in developing and industrial countries reflects to a large extent their owners’ characteristics. In the US, small firm owners are generally more educated and wealthier than the average worker, while the opposite is true in most developing countries. This point was emphasized by E. Duflo and A. Banerjee in their famous book ‘Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty’ (Penguin, 2011). Most business owners in developing countries are considered to be ‘reluctant’ entrepreneurs; essentially unskilled workers that are pushed into entrepreneurship for lack of other feasible options for employment.

This is also very much a reality in Tanzania where small business owners have few skills and limited financial and physical assets. Of the three million non-farm businesses operating in the country, almost 90% of business owners are confined in self-employment. Only 3% of business owners possess post-secondary level education. As a result, their businesses are generally small, informal, unspecialized, young and unproductive. They also tend to be extremely fragile with high exit rates, and operate sporadically during the year. Put simply, most small businesses are not well equipped to expand and become competitive.


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