Can Cash Grants Help Create Jobs and Stability?
Policymakers throughout the world struggle to boost employment. Creating jobs or giving people the right training to get jobs is not only good economics, but especially in developing countries, it may be a way to reduce social instability and with...
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| Format: | Brief |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2011/12/16653977/can-cash-grants-help-create-jobs-stability http://hdl.handle.net/10986/17111 |
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okr-10986-171112021-04-23T14:03:33Z Can Cash Grants Help Create Jobs and Stability? World Bank ACCESS TO CAPITAL AGGRESSION ARMED CONFLICT ARMED CONFLICTS BANK ACCOUNT BENEFICIARIES BUDGETING CASH TRANSFER CIVIL WAR CONFLICT CREDIT MARKETS DEVELOPING COUNTRIES DEVELOPMENT PROJECTS DISBURSEMENT EMERGING ECONOMIES EMPLOYMENT ENTREPRENEURS EQUIPMENT EXCHANGE RATES HUMAN DEVELOPMENT IMPACT EVALUATION INTEREST RATE INTEREST RATES LABOR MARKET LEARNING LOAN MEETINGS MICROENTERPRISES MICROFINANCE MICROFINANCE TOOLS MONEYLENDERS NATIONS NEW ENTRANTS PEACE POLICE PRIMARY SCHOOL RETURNS RISK FACTORS SKILLS TRAINING SMALL BUSINESS SMALL BUSINESS DEVELOPMENT SMALL BUSINESSES TRAINING PROGRAMS VOCATIONAL TRAINING YOUNG PEOPLE YOUTH Policymakers throughout the world struggle to boost employment. Creating jobs or giving people the right training to get jobs is not only good economics, but especially in developing countries, it may be a way to reduce social instability and with it the threat of crime and unrest. In the push to figure out what works, development organizations and governments are looking beyond the more traditional voucher and microfinance tools to decentralized programs that give cash grants and leave it to recipients to decide how to use the money. At the World Bank, committed to ending poverty and we are working to help meet the United Nations millennium development goals, including eradicating extreme poverty by raising incomes and making sure everyone has decent employment. To help policymakers judge the effectiveness of different approaches to building employment opportunities, the World Bank sponsored an evaluation of a Government of Uganda program that gave young men and women cash grants to start new businesses or get training. Based on mid-term results two years after the intervention, the Ugandan program made significant impacts: Beneficiaries reported large increases in skilled employment and incomes, and modest gains in social cohesion and stability. Researchers and Innovations for Poverty Action (IPA) partnered with the Ugandan government to evaluate the effectiveness of the youth opportunities program, introduced in 2006 to raise incomes and employment among young adults aged 16 to 35 in the country's northern region by offering them cash grants for training and busi-ness materials. To qualify, young adults had to organize in groups of 10 to 30 people and submit a proposal for a grant to cover training programs and what tools and materials they needed to run a business. Helping young adults find jobs is a key goal of policymakers in emerging economies, where high rates of unemployment are a potential social and economic problem. Many countries are working with vouchers, training programs and microfinance to raise employment opportunities. Uganda, which over the past decade emerged from a brutal armed conflict in the north, has been working to alleviate poverty and raise jobs options in this hard-hit region. In a new approach, the government funded a program that gave unsupervised cash grants to young adults who drew up business plans explaining what they would do with the money. 2014-02-19T17:05:50Z 2014-02-19T17:05:50Z 2011-12 http://documents.worldbank.org/curated/en/2011/12/16653977/can-cash-grants-help-create-jobs-stability http://hdl.handle.net/10986/17111 English en_US From evidence to policy; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: Brief Publications & Research Africa Uganda |
| 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 |
ACCESS TO CAPITAL AGGRESSION ARMED CONFLICT ARMED CONFLICTS BANK ACCOUNT BENEFICIARIES BUDGETING CASH TRANSFER CIVIL WAR CONFLICT CREDIT MARKETS DEVELOPING COUNTRIES DEVELOPMENT PROJECTS DISBURSEMENT EMERGING ECONOMIES EMPLOYMENT ENTREPRENEURS EQUIPMENT EXCHANGE RATES HUMAN DEVELOPMENT IMPACT EVALUATION INTEREST RATE INTEREST RATES LABOR MARKET LEARNING LOAN MEETINGS MICROENTERPRISES MICROFINANCE MICROFINANCE TOOLS MONEYLENDERS NATIONS NEW ENTRANTS PEACE POLICE PRIMARY SCHOOL RETURNS RISK FACTORS SKILLS TRAINING SMALL BUSINESS SMALL BUSINESS DEVELOPMENT SMALL BUSINESSES TRAINING PROGRAMS VOCATIONAL TRAINING YOUNG PEOPLE YOUTH |
| spellingShingle |
ACCESS TO CAPITAL AGGRESSION ARMED CONFLICT ARMED CONFLICTS BANK ACCOUNT BENEFICIARIES BUDGETING CASH TRANSFER CIVIL WAR CONFLICT CREDIT MARKETS DEVELOPING COUNTRIES DEVELOPMENT PROJECTS DISBURSEMENT EMERGING ECONOMIES EMPLOYMENT ENTREPRENEURS EQUIPMENT EXCHANGE RATES HUMAN DEVELOPMENT IMPACT EVALUATION INTEREST RATE INTEREST RATES LABOR MARKET LEARNING LOAN MEETINGS MICROENTERPRISES MICROFINANCE MICROFINANCE TOOLS MONEYLENDERS NATIONS NEW ENTRANTS PEACE POLICE PRIMARY SCHOOL RETURNS RISK FACTORS SKILLS TRAINING SMALL BUSINESS SMALL BUSINESS DEVELOPMENT SMALL BUSINESSES TRAINING PROGRAMS VOCATIONAL TRAINING YOUNG PEOPLE YOUTH World Bank Can Cash Grants Help Create Jobs and Stability? |
| geographic_facet |
Africa Uganda |
| relation |
From evidence to policy; |
| description |
Policymakers throughout the world
struggle to boost employment. Creating jobs or giving people
the right training to get jobs is not only good economics,
but especially in developing countries, it may be a way to
reduce social instability and with it the threat of crime
and unrest. In the push to figure out what works,
development organizations and governments are looking beyond
the more traditional voucher and microfinance tools to
decentralized programs that give cash grants and leave it to
recipients to decide how to use the money. At the World
Bank, committed to ending poverty and we are working to help
meet the United Nations millennium development goals,
including eradicating extreme poverty by raising incomes and
making sure everyone has decent employment. To help
policymakers judge the effectiveness of different approaches
to building employment opportunities, the World Bank
sponsored an evaluation of a Government of Uganda program
that gave young men and women cash grants to start new
businesses or get training. Based on mid-term results two
years after the intervention, the Ugandan program made
significant impacts: Beneficiaries reported large increases
in skilled employment and incomes, and modest gains in
social cohesion and stability. Researchers and Innovations
for Poverty Action (IPA) partnered with the Ugandan
government to evaluate the effectiveness of the youth
opportunities program, introduced in 2006 to raise incomes
and employment among young adults aged 16 to 35 in the
country's northern region by offering them cash grants
for training and busi-ness materials. To qualify, young
adults had to organize in groups of 10 to 30 people and
submit a proposal for a grant to cover training programs and
what tools and materials they needed to run a business.
Helping young adults find jobs is a key goal of policymakers
in emerging economies, where high rates of unemployment are
a potential social and economic problem. Many countries are
working with vouchers, training programs and microfinance to
raise employment opportunities. Uganda, which over the past
decade emerged from a brutal armed conflict in the north,
has been working to alleviate poverty and raise jobs options
in this hard-hit region. In a new approach, the government
funded a program that gave unsupervised cash grants to young
adults who drew up business plans explaining what they would
do with the money. |
| format |
Publications & Research :: Brief |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Can Cash Grants Help Create Jobs and Stability? |
| title_short |
Can Cash Grants Help Create Jobs and Stability? |
| title_full |
Can Cash Grants Help Create Jobs and Stability? |
| title_fullStr |
Can Cash Grants Help Create Jobs and Stability? |
| title_full_unstemmed |
Can Cash Grants Help Create Jobs and Stability? |
| title_sort |
can cash grants help create jobs and stability? |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2011/12/16653977/can-cash-grants-help-create-jobs-stability http://hdl.handle.net/10986/17111 |
| _version_ |
1764435180464898048 |