It is said that some employees are hired because of their technical skills, but fired due to their behaviors or attitudes, such as arriving late or showing a lack of commitment to achieve the firms’ goals. This complaint seems to be frequently mentioned during our many discussions with Filipino employers.
But what does the hard evidence show, beyond anecdotal remarks? Do Filipino employers have difficulty finding workers with the right “soft skills” (socio-emotional skills, right attitudes and behaviors)? And if so, do we have evidence that it leads to better pay? And how are employers, employees and government responding to these labor market signals?
For many Pacific Island countries, natural disasters such as cyclones and tsunamis, are an all-too common occurrence. Out of the top 15 most at-risk countries for natural disasters globally, four are Pacific Island countries, and Vanuatu is consistently at the top.
In 2015, Cyclone Pam hit Vanuatu, and knowing the extent of damage was vital for the government to identify and plan reconstruction needs. A team of Unmanned Aerial Vehicle (UAV) experts were sent out to quickly establish credible estimates of the damages and losses. Many damage reports were already available from the field, but with varying quality, and the challenge was to consolidate and verify them, within a very tight timeframe. Cloud cover also prevented us from getting satellite images, so we mobilized two UAV teams to fly below the clouds and capture high-resolution footage showing the impacts on the ground in the worst affected islands in Tafea and Shefa province.
Challenges continued throughout, from needing to coordinate airspace with those flying relief goods into affected areas, to transferring massive datasets over low internet bandwidths. But with team-effort and ingenuity, solutions were found; the UAV teams were able to capture valuable damage footage within sampled areas during the day, which were analysed overnight by volunteers of the Humanitarian Open Street Map (HOT) and the Digital Humanitarian Network; new workflows were developed to collate the data and to feed the outputs into the Post-Disaster Needs Assessment.
When the Bank did its first social assistance public expenditure review in Indonesia in 2012, the diagnosis was clear. Despite spending significant amount of resources in “welfare”, most of them were through expensive subsidies (fuel, electricity, rice) that were not necessarily benefiting the most vulnerable segments of the society. General subsidies represented 20 percent of total national budget, but household targeted social assistance programs were already making their way, increasing from 0.3 to 0.5 percent of GDP between 2004 and 2010. Still, there was an overall dissatisfaction on what had been achieved, with the Gini coefficient rose by about 6 percentage points in the period of 2005 to 2012.
With more than 27 million people still considered poor and as one of the countries in the East Asia and the Pacific region that has one of the highest income inequality levels, the coverage expansion and social assistance system strengthening is a must. Fortunately, the situation in the social assistance sector has changed dramatically.
The world has entered a period of elevated volatility after the global financial crisis, underpinning the need for policy tools to stabilize economies in the short term. In that context, monetary policy has become an increasingly important tool. However, there is often skepticism about its efficacy in developing economies, despite the central role it plays in advanced economies. A natural question for those who study and monitor economies in East Asia and Pacific (EAP) is: how effective is monetary policy in the region? This blog, based on our latest economic report East Asia and Pacific Economic Update, October 2017, intends to shed some light on this.