Publication:
Investing in Skills to Accelerate Job Transitions

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dc.contributor.authorHonorati, Maddalena
dc.contributor.authorSantos, Indhira
dc.contributor.authorGomez Tamayo, Sofia
dc.date.accessioned2024-08-28T17:56:35Z
dc.date.available2024-08-28T17:56:35Z
dc.date.issued2024-08-28
dc.description.abstractThe paper reviews the dynamics of human capital – mostly skills – accumulation and utilization during successful and static episodes of structural transformation in a sample of more than 90 countries over the last thirty years to identify cases when improvements in human capital are not met by skills demand - signaling an unbalance between investment in skills and other factors of production. A framework is proposed to differentiate inefficient skills investments by cases of over- and under-investment relative to skills demand, cases of skills underutilization, even at the right level of investment, and cases of skills mismatches due human capital’s misallocation across geographical areas and field of study. Based on country case studies, the paper examines the different forms of inefficient human capital accumulation and utilization and the potential market and policy failures that lead to such inefficiencies across individuals, firms, and governments. The framework is used to differentiate policy priorities depending on the constraints to efficient human capital accumulation and utilization and the stage of the structural transformation.en
dc.identifierhttp://documents.worldbank.org/curated/en/099082024165526662/P178276186628f05c187fb1b428c33187f4
dc.identifier.doi10.1596/42103
dc.identifier.urihttps://hdl.handle.net/10986/42103
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesSocial Protection & Jobs Discussion Paper; no. 2409
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectSKILLS GAP
dc.subjectJOBS AND DEVELOPMENT
dc.subjectEDUCATION ACCESS AND EQUITY
dc.subjectSKILLED WORKERS
dc.subjectHUMAN CAPITAL AND GROWTH
dc.subjectDETERMINANTS OF GROWTH
dc.subjectMARKETS AND INSTITUTIONS FOR POVERTY REDUCTION AND SHARED PROSPERITY
dc.subjectECONOMIC GROWTH
dc.subjectJOBS
dc.subjectPOVERTY
dc.subjectJOBS DIAGNOSTICS
dc.subjectCATEGORIES OF WORKERS
dc.subjectEDUCATION FOR ALL
dc.subjectEDUCATION
dc.subjectJOBS AND POVERTY
dc.subjectCHANGING OF JOBS
dc.subjectNO POVERTY
dc.subjectSDG 1
dc.subjectQUALITY EDUCATION
dc.subjectSDG 4
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.titleInvesting in Skills to Accelerate Job Transitionsen
dc.typeWorking Paper (Numbered Series)
dspace.entity.typePublication
okr.crossref.titleInvesting in Skills to Accelerate Job Transitions
okr.date.disclosure2024-08-28
okr.date.doiregistration2025-04-07T08:32:09.973456Z
okr.date.doiregistration2025-04-08T16:15:01.739234Z
okr.date.doiregistration2025-04-09T02:47:19.709210Z
okr.date.doiregistration2025-04-11T07:30:25.318674Z
okr.date.doiregistration2025-04-16T08:18:00.894957Z
okr.date.lastmodified2024-08-22T00:00:00Zen
okr.doctypeWorking Paper (Numbered Series)
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099082024165526662/P178276186628f05c187fb1b428c33187f4
okr.guid099082024165526662
okr.identifier.docmidP178276-86628f3b-ce71-4e5c-87fb-b428c33187f4
okr.identifier.doihttps://doi.org/10.1596/42103
okr.identifier.externaldocumentum34379634
okr.identifier.internaldocumentum34379634
okr.identifier.report193160
okr.import.id5182
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099082024165526662/pdf/P178276186628f05c187fb1b428c33187f4.pdfen
okr.region.geographicalWorld
okr.sectorSocial Protection
okr.themeSocial protection delivery systems,Job Creation,Human Development and Gender,Social Protection,Social Development and Protection,Private Sector Development,Labor Market Policy and Programs,Active Labor Market Programs,Jobs
okr.topicEducation::Education For All
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicPoverty Reduction::Poverty Reduction Strategies
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.topicSocial Protections and Labor::Skills Development and Labor Force Training
okr.unitJobs and Economic Growth (EMFJG)
relation.isAuthorOfPublication6fb9dbbe-4cb6-5e0c-8c31-40a66e21d3d0
relation.isAuthorOfPublication5c6ccdf4-842b-52cf-b005-9d4358266967
relation.isAuthorOfPublication.latestForDiscovery6fb9dbbe-4cb6-5e0c-8c31-40a66e21d3d0
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