Labor Markets in Low and Middle-Income Countries : Trends and Implications for Social Protection and Labor Policies

This paper reviews labor market trends throughout the developing world, identifies issues and policy priorities across groups of countries, and derives implications for the World Bank's new social protection and labor strategy. Five key issues...

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Main Authors: Cho, Yoonyoung, Margolis, David N., Newhouse, David, Robalino, David A.
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2012/03/16268342/labor-markets-low-middleincome-countries-trends-implications-social-protection-labor-policies
http://hdl.handle.net/10986/13550
id okr-10986-13550
recordtype oai_dc
spelling okr-10986-135502021-04-23T14:03:08Z Labor Markets in Low and Middle-Income Countries : Trends and Implications for Social Protection and Labor Policies Cho, Yoonyoung Margolis, David N. Newhouse, David Robalino, David A. ENTREPRENEURSHIP FEMALE PARTICIPATION HOUSEHOLD ENTERPRISES INCOME SHOCKS JOB CREATION LABOR MARKETS MIGRATION FLOWS REMITTANCES RISK MANAGEMENT SELF-EMPLOYMENT SOCIAL PROTECTION YOUTH UNEMPLOYMENT This paper reviews labor market trends throughout the developing world, identifies issues and policy priorities across groups of countries, and derives implications for the World Bank's new social protection and labor strategy. Five key issues are identified: a high and growing share of the labor force that is self?employed or working in household enterprises, exposure to income shocks with limited access to risk management systems, low female participation rates, high youth unemployment rates, and the need to manage migration flows and remittances. The paper then details a three pronged agenda based on providing incentives and conditions for work, improving the efficiency of job creation, and managing risks / facilitating labor market transitions. This suggests that the Bank should emphasize self?employment and entrepreneurship promotion, provision of skills and development opportunities, and facilitation of labor market transitions into and between jobs, while protecting workers from shocks and paying particular attention to youth. 2013-05-28T14:01:47Z 2013-05-28T14:01:47Z 2012-03 http://documents.worldbank.org/curated/en/2012/03/16268342/labor-markets-low-middleincome-countries-trends-implications-social-protection-labor-policies http://hdl.handle.net/10986/13550 English en_US Social Protection and Labor Discussion Paper;No. 1207 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ENTREPRENEURSHIP
FEMALE PARTICIPATION
HOUSEHOLD ENTERPRISES
INCOME SHOCKS
JOB CREATION
LABOR MARKETS
MIGRATION FLOWS
REMITTANCES
RISK MANAGEMENT
SELF-EMPLOYMENT
SOCIAL PROTECTION
YOUTH UNEMPLOYMENT
spellingShingle ENTREPRENEURSHIP
FEMALE PARTICIPATION
HOUSEHOLD ENTERPRISES
INCOME SHOCKS
JOB CREATION
LABOR MARKETS
MIGRATION FLOWS
REMITTANCES
RISK MANAGEMENT
SELF-EMPLOYMENT
SOCIAL PROTECTION
YOUTH UNEMPLOYMENT
Cho, Yoonyoung
Margolis, David N.
Newhouse, David
Robalino, David A.
Labor Markets in Low and Middle-Income Countries : Trends and Implications for Social Protection and Labor Policies
relation Social Protection and Labor Discussion Paper;No. 1207
description This paper reviews labor market trends throughout the developing world, identifies issues and policy priorities across groups of countries, and derives implications for the World Bank's new social protection and labor strategy. Five key issues are identified: a high and growing share of the labor force that is self?employed or working in household enterprises, exposure to income shocks with limited access to risk management systems, low female participation rates, high youth unemployment rates, and the need to manage migration flows and remittances. The paper then details a three pronged agenda based on providing incentives and conditions for work, improving the efficiency of job creation, and managing risks / facilitating labor market transitions. This suggests that the Bank should emphasize self?employment and entrepreneurship promotion, provision of skills and development opportunities, and facilitation of labor market transitions into and between jobs, while protecting workers from shocks and paying particular attention to youth.
format Publications & Research :: Working Paper
author Cho, Yoonyoung
Margolis, David N.
Newhouse, David
Robalino, David A.
author_facet Cho, Yoonyoung
Margolis, David N.
Newhouse, David
Robalino, David A.
author_sort Cho, Yoonyoung
title Labor Markets in Low and Middle-Income Countries : Trends and Implications for Social Protection and Labor Policies
title_short Labor Markets in Low and Middle-Income Countries : Trends and Implications for Social Protection and Labor Policies
title_full Labor Markets in Low and Middle-Income Countries : Trends and Implications for Social Protection and Labor Policies
title_fullStr Labor Markets in Low and Middle-Income Countries : Trends and Implications for Social Protection and Labor Policies
title_full_unstemmed Labor Markets in Low and Middle-Income Countries : Trends and Implications for Social Protection and Labor Policies
title_sort labor markets in low and middle-income countries : trends and implications for social protection and labor policies
publisher World Bank, Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2012/03/16268342/labor-markets-low-middleincome-countries-trends-implications-social-protection-labor-policies
http://hdl.handle.net/10986/13550
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