IFC Jobs Study : Assessing Private Sector Contributions to Job Creation and Poverty Reduction

This report is the result of an open-source study to assess the direct and indirect effects of private sector activity on job creation. The report examines how and under what conditions the private sector can best contribute to job creation and pov...

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Main Author: International Finance Corporation
Format: Publications & Research
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
ADB
SME
Online Access:http://documents.worldbank.org/curated/en/2013/01/18687618/ifc-jobs-study-assessing-private-sector-contributions-job-creation-poverty-reduction
http://hdl.handle.net/10986/16979
id okr-10986-16979
recordtype oai_dc
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 ACCOUNTING
ADB
AGE GROUPS
AGGREGATE DEMAND
AGGREGATE GROWTH
ATTRITION
BASIC INFRASTRUCTURE
BASIC RIGHTS
BASIC SERVICES
COMPANY
COMPETITORS
CORPORATE PROFITS
CORPORATION
COST OF LIVING
CREATING JOBS
CREATING OPPORTUNITIES
DEMONSTRATION EFFECTS
DEVELOPMENT ECONOMICS
DEVELOPMENT EFFECTIVENESS
DIRECT JOB CREATION
EARNING
ECONOMIC GROWTH
ECONOMIC THEORY
ECONOMICS
EDUCATIONAL ATTAINMENT
EDUCATIONAL LEVEL
EMPLOYABILITY
EMPLOYEE
EMPLOYMENT EFFECTS
EMPLOYMENT GENERATION
EMPLOYMENT GROWTH
EMPLOYMENT GROWTH RATE
EMPLOYMENT MULTIPLIER
EMPLOYMENT POLICIES
EMPLOYMENT REDUCTION
EMPLOYMENT SHARE
EMPLOYMENT SIZE
EMPLOYMENT TRENDS
ENTREPRENEURSHIP
ESTIMATED WAGE PREMIUM
EXPANSION
EXTERNALITIES
FINANCE INSTITUTIONS
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL SERVICES
FIRM LEVEL
FIRM LEVEL ANALYSIS
FIRM PERFORMANCE
FIRM PRODUCTIVITY
FIRM SIZE
FIRM SIZE DISTRIBUTION
FOREIGN PARTNERS
HEALTH INSURANCE
HUMAN CAPITAL
INCOME
INCOME DISTRIBUTION
INFORMAL EMPLOYMENT
INFORMAL LABOR MARKET
INFORMAL SECTOR
JOB CREATION
JOB GAINS
JOB GENERATION
JOBS
JOINT VENTURES
LABOR DEMAND
LABOR FORCE
LABOR MARKET
LABOR MARKET OUTCOMES
LABOR MARKET REGULATIONS
LABOR MARKETS
LABOR OFFICE
LABOR ORGANIZATION
LABOR PRODUCTIVITY
LABOR REGULATIONS
LABOR STANDARDS
LABOR STATISTICS
LABOR SUPPLY
LABOR-INTENSIVE GROWTH
LABOUR
LARGE CITIES
LIVING STANDARDS
LOAN
LOW UNEMPLOYMENT
LOW UNEMPLOYMENT RATES
MANUFACTURING ENTERPRISE
MANUFACTURING ESTABLISHMENTS
MANUFACTURING INDUSTRIES
MANUFACTURING INDUSTRY
MEDIUM ENTERPRISES
MICRO CREDIT
MICRO FINANCE
MICROCREDIT
MIGRATION
MOTIVATION
NATURAL RESOURCES
NET JOB CREATION
NET JOB LOSSES
OCCUPATION
OCCUPATIONS
ON-THE-JOB TRAINING
PAYING JOBS
PERFORMANCE INDICATORS
PRICES FALL
PRIVATE COMPANIES
PRIVATE SECTOR
PRIVATE SECTOR ACTIVITIES
PRIVATE SECTOR ACTIVITY
PRIVATE SECTOR COMPANIES
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR FIRMS
PRIVATE SECTOR JOB
PROCESS INNOVATION
PROCESS INNOVATIONS
PRODUCT INNOVATION
PRODUCTIVE FIRMS
PRODUCTIVITY GAINS
PRODUCTIVITY GROWTH
PROFITABILITY
PROTECTED INDUSTRY
REALLOCATING RESOURCES
RETIREMENT
ROADS
SAFETY
SAFETY NET
SEES
SERVICE SECTOR
SKILLED WORKERS
SKILLS DEVELOPMENT
SMALL BUSINESS
SMALL BUSINESSES
SMALL ENTERPRISES
SMALL FIRMS
SME
SME EMPLOYEE
SME FINANCE
SOCIAL COHESION
SOCIAL DEVELOPMENT
SOCIAL SERVICES
SUPPLIERS
TECHNICAL TRAINING
TOTAL EMPLOYMENT
TOTAL LABOR FORCE
TRAINING PROGRAMS
UNEMPLOYED
UNEMPLOYMENT
UNEMPLOYMENT COMPENSATION
UNEMPLOYMENT FIGURES
UNEMPLOYMENT RATE
UTILITIES
VOCATIONAL TRAINING
WAGE RATE
WAGES
WATER RESOURCES
WATER SUPPLY
WOMEN WORKERS
WORKER
WORKERS
WORKING CONDITIONS
WORKING HOURS
WORKING POOR
YOUTH UNEMPLOYMENT
YOUTH UNEMPLOYMENT RATES
spellingShingle ACCOUNTING
ADB
AGE GROUPS
AGGREGATE DEMAND
AGGREGATE GROWTH
ATTRITION
BASIC INFRASTRUCTURE
BASIC RIGHTS
BASIC SERVICES
COMPANY
COMPETITORS
CORPORATE PROFITS
CORPORATION
COST OF LIVING
CREATING JOBS
CREATING OPPORTUNITIES
DEMONSTRATION EFFECTS
DEVELOPMENT ECONOMICS
DEVELOPMENT EFFECTIVENESS
DIRECT JOB CREATION
EARNING
ECONOMIC GROWTH
ECONOMIC THEORY
ECONOMICS
EDUCATIONAL ATTAINMENT
EDUCATIONAL LEVEL
EMPLOYABILITY
EMPLOYEE
EMPLOYMENT EFFECTS
EMPLOYMENT GENERATION
EMPLOYMENT GROWTH
EMPLOYMENT GROWTH RATE
EMPLOYMENT MULTIPLIER
EMPLOYMENT POLICIES
EMPLOYMENT REDUCTION
EMPLOYMENT SHARE
EMPLOYMENT SIZE
EMPLOYMENT TRENDS
ENTREPRENEURSHIP
ESTIMATED WAGE PREMIUM
EXPANSION
EXTERNALITIES
FINANCE INSTITUTIONS
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL SERVICES
FIRM LEVEL
FIRM LEVEL ANALYSIS
FIRM PERFORMANCE
FIRM PRODUCTIVITY
FIRM SIZE
FIRM SIZE DISTRIBUTION
FOREIGN PARTNERS
HEALTH INSURANCE
HUMAN CAPITAL
INCOME
INCOME DISTRIBUTION
INFORMAL EMPLOYMENT
INFORMAL LABOR MARKET
INFORMAL SECTOR
JOB CREATION
JOB GAINS
JOB GENERATION
JOBS
JOINT VENTURES
LABOR DEMAND
LABOR FORCE
LABOR MARKET
LABOR MARKET OUTCOMES
LABOR MARKET REGULATIONS
LABOR MARKETS
LABOR OFFICE
LABOR ORGANIZATION
LABOR PRODUCTIVITY
LABOR REGULATIONS
LABOR STANDARDS
LABOR STATISTICS
LABOR SUPPLY
LABOR-INTENSIVE GROWTH
LABOUR
LARGE CITIES
LIVING STANDARDS
LOAN
LOW UNEMPLOYMENT
LOW UNEMPLOYMENT RATES
MANUFACTURING ENTERPRISE
MANUFACTURING ESTABLISHMENTS
MANUFACTURING INDUSTRIES
MANUFACTURING INDUSTRY
MEDIUM ENTERPRISES
MICRO CREDIT
MICRO FINANCE
MICROCREDIT
MIGRATION
MOTIVATION
NATURAL RESOURCES
NET JOB CREATION
NET JOB LOSSES
OCCUPATION
OCCUPATIONS
ON-THE-JOB TRAINING
PAYING JOBS
PERFORMANCE INDICATORS
PRICES FALL
PRIVATE COMPANIES
PRIVATE SECTOR
PRIVATE SECTOR ACTIVITIES
PRIVATE SECTOR ACTIVITY
PRIVATE SECTOR COMPANIES
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR FIRMS
PRIVATE SECTOR JOB
PROCESS INNOVATION
PROCESS INNOVATIONS
PRODUCT INNOVATION
PRODUCTIVE FIRMS
PRODUCTIVITY GAINS
PRODUCTIVITY GROWTH
PROFITABILITY
PROTECTED INDUSTRY
REALLOCATING RESOURCES
RETIREMENT
ROADS
SAFETY
SAFETY NET
SEES
SERVICE SECTOR
SKILLED WORKERS
SKILLS DEVELOPMENT
SMALL BUSINESS
SMALL BUSINESSES
SMALL ENTERPRISES
SMALL FIRMS
SME
SME EMPLOYEE
SME FINANCE
SOCIAL COHESION
SOCIAL DEVELOPMENT
SOCIAL SERVICES
SUPPLIERS
TECHNICAL TRAINING
TOTAL EMPLOYMENT
TOTAL LABOR FORCE
TRAINING PROGRAMS
UNEMPLOYED
UNEMPLOYMENT
UNEMPLOYMENT COMPENSATION
UNEMPLOYMENT FIGURES
UNEMPLOYMENT RATE
UTILITIES
VOCATIONAL TRAINING
WAGE RATE
WAGES
WATER RESOURCES
WATER SUPPLY
WOMEN WORKERS
WORKER
WORKERS
WORKING CONDITIONS
WORKING HOURS
WORKING POOR
YOUTH UNEMPLOYMENT
YOUTH UNEMPLOYMENT RATES
International Finance Corporation
IFC Jobs Study : Assessing Private Sector Contributions to Job Creation and Poverty Reduction
description This report is the result of an open-source study to assess the direct and indirect effects of private sector activity on job creation. The report examines how and under what conditions the private sector can best contribute to job creation and poverty reduction. The private sector, which provides some 90 percent of jobs in developing countries, must be at the core of any response to this double challenge. Therefore, it is crucial to understand the constraints that private companies face in creating jobs, and the public sector and development finance institutions must help build an environment where these obstacles are removed or minimized. This report aims to help by providing an understanding of how the private sector generates jobs, what constraints limit job creation, and how these problems can be mitigated. The world is thus facing a double jobs challenge: creating a large number of jobs and creating better jobs. The economic crisis has added 27 million new unemployed; leading to a total of 200 million unemployed worldwide in 2011. More than 600 million jobs must be created in the next decade to ensure that unemployment does not increase even further as millions of young people enter the workforce. Private sector job cre-ation is inextricably linked to overall development and poverty reduction, making it crucial to understand how the private sector creates jobs, what obstacles limit job creation, and how those obstacles can be mitigated. This is precisely the supporting role of the public sector: provide the necessary macroeconomic environment and a supportive investment climate. Development finance institutions can support the public sector in that process, in addition to working directly with private companies. Development cannot take place without jobs. Therefore, the world needs to act now to address the enormous jobs challenge that confronts it. The main message for policymakers is that job creation, socioeconomic development, and poverty reduction are not independent, and thus policies aimed at these should be designed and implemented in an integrated manner. In particular, job policies should be a central part of any development policy, and they should tackle the double-sided challenge of generating more jobs and better jobs. The second message is that because the private sector is the main engine of growth and job creation, it is fundamental to understand both what drives job creation and what obstacles prevent the private sector from generating jobs. This report aims to understand the effects of constraints and of policies removing them on job creation, while identifying the circumstances under which these policies are likely to work. The report also contains some estimates of the magnitude of the employment-generation effects.
format Publications & Research
author International Finance Corporation
author_facet International Finance Corporation
author_sort International Finance Corporation
title IFC Jobs Study : Assessing Private Sector Contributions to Job Creation and Poverty Reduction
title_short IFC Jobs Study : Assessing Private Sector Contributions to Job Creation and Poverty Reduction
title_full IFC Jobs Study : Assessing Private Sector Contributions to Job Creation and Poverty Reduction
title_fullStr IFC Jobs Study : Assessing Private Sector Contributions to Job Creation and Poverty Reduction
title_full_unstemmed IFC Jobs Study : Assessing Private Sector Contributions to Job Creation and Poverty Reduction
title_sort ifc jobs study : assessing private sector contributions to job creation and poverty reduction
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2013/01/18687618/ifc-jobs-study-assessing-private-sector-contributions-job-creation-poverty-reduction
http://hdl.handle.net/10986/16979
_version_ 1764435547436089344
spelling okr-10986-169792021-04-23T14:03:34Z IFC Jobs Study : Assessing Private Sector Contributions to Job Creation and Poverty Reduction International Finance Corporation ACCOUNTING ADB AGE GROUPS AGGREGATE DEMAND AGGREGATE GROWTH ATTRITION BASIC INFRASTRUCTURE BASIC RIGHTS BASIC SERVICES COMPANY COMPETITORS CORPORATE PROFITS CORPORATION COST OF LIVING CREATING JOBS CREATING OPPORTUNITIES DEMONSTRATION EFFECTS DEVELOPMENT ECONOMICS DEVELOPMENT EFFECTIVENESS DIRECT JOB CREATION EARNING ECONOMIC GROWTH ECONOMIC THEORY ECONOMICS EDUCATIONAL ATTAINMENT EDUCATIONAL LEVEL EMPLOYABILITY EMPLOYEE EMPLOYMENT EFFECTS EMPLOYMENT GENERATION EMPLOYMENT GROWTH EMPLOYMENT GROWTH RATE EMPLOYMENT MULTIPLIER EMPLOYMENT POLICIES EMPLOYMENT REDUCTION EMPLOYMENT SHARE EMPLOYMENT SIZE EMPLOYMENT TRENDS ENTREPRENEURSHIP ESTIMATED WAGE PREMIUM EXPANSION EXTERNALITIES FINANCE INSTITUTIONS FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL SERVICES FIRM LEVEL FIRM LEVEL ANALYSIS FIRM PERFORMANCE FIRM PRODUCTIVITY FIRM SIZE FIRM SIZE DISTRIBUTION FOREIGN PARTNERS HEALTH INSURANCE HUMAN CAPITAL INCOME INCOME DISTRIBUTION INFORMAL EMPLOYMENT INFORMAL LABOR MARKET INFORMAL SECTOR JOB CREATION JOB GAINS JOB GENERATION JOBS JOINT VENTURES LABOR DEMAND LABOR FORCE LABOR MARKET LABOR MARKET OUTCOMES LABOR MARKET REGULATIONS LABOR MARKETS LABOR OFFICE LABOR ORGANIZATION LABOR PRODUCTIVITY LABOR REGULATIONS LABOR STANDARDS LABOR STATISTICS LABOR SUPPLY LABOR-INTENSIVE GROWTH LABOUR LARGE CITIES LIVING STANDARDS LOAN LOW UNEMPLOYMENT LOW UNEMPLOYMENT RATES MANUFACTURING ENTERPRISE MANUFACTURING ESTABLISHMENTS MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MEDIUM ENTERPRISES MICRO CREDIT MICRO FINANCE MICROCREDIT MIGRATION MOTIVATION NATURAL RESOURCES NET JOB CREATION NET JOB LOSSES OCCUPATION OCCUPATIONS ON-THE-JOB TRAINING PAYING JOBS PERFORMANCE INDICATORS PRICES FALL PRIVATE COMPANIES PRIVATE SECTOR PRIVATE SECTOR ACTIVITIES PRIVATE SECTOR ACTIVITY PRIVATE SECTOR COMPANIES PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR FIRMS PRIVATE SECTOR JOB PROCESS INNOVATION PROCESS INNOVATIONS PRODUCT INNOVATION PRODUCTIVE FIRMS PRODUCTIVITY GAINS PRODUCTIVITY GROWTH PROFITABILITY PROTECTED INDUSTRY REALLOCATING RESOURCES RETIREMENT ROADS SAFETY SAFETY NET SEES SERVICE SECTOR SKILLED WORKERS SKILLS DEVELOPMENT SMALL BUSINESS SMALL BUSINESSES SMALL ENTERPRISES SMALL FIRMS SME SME EMPLOYEE SME FINANCE SOCIAL COHESION SOCIAL DEVELOPMENT SOCIAL SERVICES SUPPLIERS TECHNICAL TRAINING TOTAL EMPLOYMENT TOTAL LABOR FORCE TRAINING PROGRAMS UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT COMPENSATION UNEMPLOYMENT FIGURES UNEMPLOYMENT RATE UTILITIES VOCATIONAL TRAINING WAGE RATE WAGES WATER RESOURCES WATER SUPPLY WOMEN WORKERS WORKER WORKERS WORKING CONDITIONS WORKING HOURS WORKING POOR YOUTH UNEMPLOYMENT YOUTH UNEMPLOYMENT RATES This report is the result of an open-source study to assess the direct and indirect effects of private sector activity on job creation. The report examines how and under what conditions the private sector can best contribute to job creation and poverty reduction. The private sector, which provides some 90 percent of jobs in developing countries, must be at the core of any response to this double challenge. Therefore, it is crucial to understand the constraints that private companies face in creating jobs, and the public sector and development finance institutions must help build an environment where these obstacles are removed or minimized. This report aims to help by providing an understanding of how the private sector generates jobs, what constraints limit job creation, and how these problems can be mitigated. The world is thus facing a double jobs challenge: creating a large number of jobs and creating better jobs. The economic crisis has added 27 million new unemployed; leading to a total of 200 million unemployed worldwide in 2011. More than 600 million jobs must be created in the next decade to ensure that unemployment does not increase even further as millions of young people enter the workforce. Private sector job cre-ation is inextricably linked to overall development and poverty reduction, making it crucial to understand how the private sector creates jobs, what obstacles limit job creation, and how those obstacles can be mitigated. This is precisely the supporting role of the public sector: provide the necessary macroeconomic environment and a supportive investment climate. Development finance institutions can support the public sector in that process, in addition to working directly with private companies. Development cannot take place without jobs. Therefore, the world needs to act now to address the enormous jobs challenge that confronts it. The main message for policymakers is that job creation, socioeconomic development, and poverty reduction are not independent, and thus policies aimed at these should be designed and implemented in an integrated manner. In particular, job policies should be a central part of any development policy, and they should tackle the double-sided challenge of generating more jobs and better jobs. The second message is that because the private sector is the main engine of growth and job creation, it is fundamental to understand both what drives job creation and what obstacles prevent the private sector from generating jobs. This report aims to understand the effects of constraints and of policies removing them on job creation, while identifying the circumstances under which these policies are likely to work. The report also contains some estimates of the magnitude of the employment-generation effects. 2014-02-10T21:40:36Z 2014-02-10T21:40:36Z 2013-01 http://documents.worldbank.org/curated/en/2013/01/18687618/ifc-jobs-study-assessing-private-sector-contributions-job-creation-poverty-reduction http://hdl.handle.net/10986/16979 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ International Finance Corporation World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper