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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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 |
_version_ |
1764423697249075200 |