The Private Sector and Youth Skills and Employment Programs in Low and Middle-Income Countries
Getting youth into productive employment is an urgent policy issue for countries around the world. Many governments in low and middle-income countries are actively engaged in policies to help youth attain the skills they need to do well in work and...
Main Authors: | , , |
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Format: | Report |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2015
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2015/12/25522921/private-sector-youth-skills-employment-programs-low-middle-income-countries http://hdl.handle.net/10986/23260 |
Summary: | Getting youth into productive employment
is an urgent policy issue for countries around the world.
Many governments in low and middle-income countries are
actively engaged in policies to help youth attain the skills
they need to do well in work and in life, as well as to find
suitable employment. The involvement of the private sector
in youth skills development and employment is a complex
issue because the nature of the firms and their motivations
vary significantly. Multinational corporations operating in
low and middle-income countries may be motivated by direct
productivity or profit objectives - to secure a skilled
workforce, or reliable suppliers - but also, or even
primarily, by corporate social responsibility (CSR) factors.
Firms that supply training or employment services will be
driven by profit considerations when entering these markets
and deciding what services to offer and to whom. The purpose
of this paper is threefold: (1) to provide a comprehensive
look at the way the private sector is involved in youth
skills and employment in low- and middle-income countries,
considering the broad range of program types and firm types;
(2) to present and interpret the available evidence of the
effectiveness of this involvement; and (3) to understand
where the private sector has been most effective at
promoting young people’s labor market success, and what can
be done to enhance the role of the private sector to achieve
this objective. The report is organized as follows: chapter
one gives introduction. Chapter two provides background to
the analysis of the private sector role in youth employment
in low- and middle-income countries. In chapter three the
authors characterize the private sector’s role more
systematically using the youth employment inventory, a
global database of interventions that are designed to
integrate young people into the labor market. Chapter four
reviews the evidence of effectiveness of youth interventions
involving the private sector. Chapter five briefly draws
together strands from the previous review, as well as from
the broader literature, to gain an understanding of the
institutional and other factors leading to (and in other
cases preventing) successful public-private partnerships for
youth employment. Chapter six summarizes the main findings
of this review, and is followed by a discussion of key gaps
in knowledge on the role of the private sector in different
types of youth employment intervention that future research
should attempt to address, and a review of the main lessons
for policy and programming emerging from the study. |
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