Publication: Bangladesh Skills for Tomorrow’s Jobs: Preparing Youth for a Fast-Changing Economy
Loading...
Date
2018-03
ISSN
Published
2018-03
Author(s)
Editor(s)
Abstract
The skills for tomorrow’s Jobs in Bangladesh attempts to address key skills challenges and identifyopportunities in the backdrop of fast technological and economic changes. It proposes mid to long-term strategic policy options that would contribute to economic growth and job creation in Bangladesh with a focus on post-secondary education and skills development sectors. It aims to inform the Government and the World Bank’s jobs agenda. The study draws upon relevant literatures from international and national sources, the government’s surveys and education statistics, and analytical works undertaken by the World Bank and other agencies. Moreover, the study was extensively informed and guided by knowledge and insights gathered through the experience from the World Bank funded operations and series of consultations on skills for future jobs with relevant stakeholders in Bangladesh.
Link to Data Set
Citation
“World Bank. 2018. Bangladesh Skills for Tomorrow’s Jobs: Preparing Youth for a Fast-Changing Economy. © World Bank. http://hdl.handle.net/10986/29680 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Europe 2020 Romania : Evidence-based Policies for Productivity, Employment, and Skills Enhancement(Washington, DC, 2013-07-29)Employment and skills are at the core of Europe 2020, the European Union's (EU) competitiveness strategy, and are decisive for high productivity and sustained growth. Romania has overcome significant challenges on its path to EU membership and in the early years thereafter. However, the Romanian economy has recently come under pressure as a result of the economic crisis and because important reforms in employment and education have not yet been completed. The Europe 2020 Romania report discusses the key challenges currently faced by Romania in the area of productive employment, and proposes a set of steps the Romanian government could consider in order to reach the Europe 2020 targets. Skills remain a major challenge. In particular, there is insufficient provision of the higher level generic and technical skills needed for a modern and competitive economy, including skills for technological innovation and absorption of new technologies. While Romania performs comparatively well in terms of higher education participation rates, there are concerns about early school leavers and the quality of provision, in particular at the tertiary level but also at earlier stages. Skills shortages are a major constraint to economic growth, together with labor participation. For Romania to achieve its Europe 2020 employment target it must increase employment rates, starting with the labor force participation of women, youth and older workers. Achieving the Europe 2020 employment target in Romania thus hinges especially on increasing the labor force participation of the population beyond the age of 55, especially of women. Romania could expand its labor force by at least 25 percent if older workers fulfilled their participation potential. This report argues that by combining policies in two key areas, Romania can achieve its Europe 2020 employment target and go beyond that. The most relevant policy factors under the two pillars: 1) in the short and medium term, policy reforms to enable a faster dynamic of job creation by the private sector; and 2) in the short to longer term, policies to foster the adaptability and productivity of a shrinking and aging workforce.Publication Providing Skills for Equity and Growth(Washington, DC, 2010)The scope of this report is twofold. First, it documents skills gaps and mismatches and attempts to understand the reasons for them. Second, it provides a framework for thinking about skills development, drawing on international best practices, with the intent of stimulating further discussion. Given the breadth of the task, in this report we narrow the focus on a particular segment of the labor force: unskilled youth. There are several reasons sustaining this choice. First, unskilled youth, most of whom are out of school and have little chance to integrate themselves into the labor market, represent a significant share of the labor force that will remain active for the next 30 or 40 years. If nothing is done, out-of school youth will benefit at best only marginally from growth, and may even become an obstacle to sustaining growth in the long term. Second, the current educational system still faces a strong challenge in retaining students, and unskilled youth are likely to remain high on the agenda in the next decade or even longer. Finally, in the past decade, training programs designed specifically for out-of-school youth have begun to emerge around the developing world, in particular in Latin America, and recent evaluations suggest that they can be effective in increasing productivity and the chance of finding employment. Nevertheless, many of the findings of this report extend to overall skills development in Cambodia. In particular, the report points to significant market failures preventing both firms and training providers from offering quality training at all levels, as well as the need to develop certification and accreditation systems that are valued and recognized by employers and span all levels of education. The report proceeds in four chapters. The first covers demographic trends and the labor market. The second looks at skills gaps and mismatches. The third reviews existing training providers. The concluding chapter considers policy options in going forward.Publication How Does the Short-Term Training Program Contribute to Skills Development in Bangladesh?(World Bank, Washington, DC, 2015-09)Skills development is one of the priorities for national economic development strategies of Bangladesh. The vision 2021 of the Government of Bangladesh gives the highest priority to building a large base of skilled workers in order to achieve a poverty-free middle-income country by 2021. The skills development sector is highly complex due to multiple service providers, a vast spectrum of target audiences, a large range in modalities of service provision, and varied emphases in terms of skills levels and types. The short-term training, a formal channel of six months training, is an important instrument for bridging the gap between the needs of the labor market for increasing the pool of skillful workers and the aspiration of the students for finding a good job. In order to assess the performance of short-term training and interventions by Skills and Training Enhancement Project (STEP), a tracer study was conducted between December 2013 and January 2014. Skills and Training Enhancement Project (STEP) is jointly financed by the World Bank, Canada and the Government of Bangladesh (GoB), which started in 2010 for contributing to Bangladesh’s medium to long-term objective of developing its human resources as a cornerstone of its strategy for poverty alleviation and economic growth. It supports competitively selected 42 public and 8 private short-term training institutions for improving the quality of training and providing opportunities to the disadvantaged youth for obtaining skills from the select training providers.Publication Stepping Up Skills for More Jobs and Higher Productivity(Washington, DC, 2010-06)This report presents a framework - Skills Toward Employment and Productivity (STEP), that provides a simple yet comprehensive way to look at skills development. It brings together research evidence and practical experience from a range of areas-from research on the determinants of early childhood development and learning outcomes, to policy experience with the reform of vocational and technical education systems and labor markets-and provides a set of powerful messages to policymakers, researchers, and practitioners. The report's emphasis on performance measurement and benchmarking, policy and program evaluation, and cross-sectoral approaches focusing on individuals throughout their lifecycle provides a solid platform for developing countries to start exploring reforms.Publication Botswana Labor Market Signals on Demand for Skills(Washington, DC, 2014-01)Botswana has an official unemployment rate of 17.8 percent. The low labor-intensity of growth is a potential explaining factor for this high level of unemployment. It is thus essential to analyze the role of education and training in the access to employment. This note finds that the role of education has changed under the effect of schooling expansion and persistent unemployment. Labor market institutions appear to have a limited impact on employment and wage levels, while the importance of active labor market programs is growing. This note aims to identify labor market signals that point to demand for specific current and future skills. The note seeks to answer the following questions: does the labor market place a higher premium on workers literacy and numeracy skills, technical skills, or behavioral skills?; is the labor market more in need of secondary or tertiary education graduates?; and will growing economic sectors (for example, tourism) benefit more by increasing the supply of sector-specific skills (for example, through specific training for tour guides and hospitality staff) or general skills (for example, through training of lawyers and accountants who can be absorbed in any sector of the economy)?.This note analyzes the following data and documentation to identify labor market signals in the Botswana economy: government economic growth and diversification strategies; general labor market data; and enterprise and employee surveys.
Users also downloaded
Showing related downloaded files
Publication Governance Matters IV : Governance Indicators for 1996-2004(World Bank, Washington, DC, 2005-06)The authors present the latest update of their aggregate governance indicators, together with new analysis of several issues related to the use of these measures. The governance indicators measure the following six dimensions of governance: (1) voice and accountability; (2) political instability and violence; (3) government effectiveness; (4) regulatory quality; (5) rule of law, and (6) control of corruption. They cover 209 countries and territories for 1996, 1998, 2000, 2002, and 2004. They are based on several hundred individual variables measuring perceptions of governance, drawn from 37 separate data sources constructed by 31 organizations. The authors present estimates of the six dimensions of governance for each period, as well as margins of error capturing the range of likely values for each country. These margins of error are not unique to perceptions-based measures of governance, but are an important feature of all efforts to measure governance, including objective indicators. In fact, the authors give examples of how individual objective measures provide an incomplete picture of even the quite particular dimensions of governance that they are intended to measure. The authors also analyze in detail changes over time in their estimates of governance; provide a framework for assessing the statistical significance of changes in governance; and suggest a simple rule of thumb for identifying statistically significant changes in country governance over time. The ability to identify significant changes in governance over time is much higher for aggregate indicators than for any individual indicator. While the authors find that the quality of governance in a number of countries has changed significantly (in both directions), they also provide evidence suggesting that there are no trends, for better or worse, in global averages of governance. Finally, they interpret the strong observed correlation between income and governance, and argue against recent efforts to apply a discount to governance performance in low-income countries.Publication Government Matters III : Governance Indicators for 1996-2002(World Bank, Washington, DC, 2003-08)The authors present estimates of six dimensions of governance covering 199 countries and territories for four time periods: 1996, 1998, 2000, and 2002. These indicators are based on several hundred individual variables measuring perceptions of governance, drawn from 25 separate data sources constructed by 18 different organizations. The authors assign these individual measures of governance to categories capturing key dimensions of governance and use an unobserved components model to construct six aggregate governance indicators in each of the four periods. They present the point estimates of the dimensions of governance as well as the margins of errors for each country for the four periods. The governance indicators reported here are an update and expansion of previous research work on indicators initiated in 1998 (Kaufmann, Kraay, and Zoido-Lobat 1999a,b and 2002). The authors also address various methodological issues, including the interpretation and use of the data given the estimated margins of errors.Publication Design Thinking for Social Innovation(2010-07)Designers have traditionally focused on enchancing the look and functionality of products.Publication Breaking the Conflict Trap : Civil War and Development Policy(Washington, DC: World Bank and Oxford University Press, 2003)Most wars are now civil wars. Even though international wars attract enormous global attention, they have become infrequent and brief. Civil wars usually attract less attention, but they have become increasingly common and typically go on for years. This report argues that civil war is now an important issue for development. War retards development, but conversely, development retards war. This double causation gives rise to virtuous and vicious circles. Where development succeeds, countries become progressively safer from violent conflict, making subsequent development easier. Where development fails, countries are at high risk of becoming caught in a conflict trap in which war wrecks the economy and increases the risk of further war. The global incidence of civil war is high because the international community has done little to avert it. Inertia is rooted in two beliefs: that we can safely 'let them fight it out among themselves' and that 'nothing can be done' because civil war is driven by ancestral ethnic and religious hatreds. The purpose of this report is to challenge these beliefs.Publication Governance Matters VIII : Aggregate and Individual Governance Indicators 1996–2008(2009-06-01)This paper reports on the 2009 update of the Worldwide Governance Indicators (WGI) research project, covering 212 countries and territories and measuring six dimensions of governance between 1996 and 2008: Voice and Accountability, Political Stability and Absence of Violence/Terrorism, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption. These aggregate indicators are based on hundreds of specific and disaggregated individual variables measuring various dimensions of governance, taken from 35 data sources provided by 33 different organizations. The data reflect the views on governance of public sector, private sector and NGO experts, as well as thousands of citizen and firm survey respondents worldwide. The authors also explicitly report the margins of error accompanying each country estimate. These reflect the inherent difficulties in measuring governance using any kind of data. They find that even after taking margins of error into account, the WGI permit meaningful cross-country comparisons as well as monitoring progress over time. The aggregate indicators, together with the disaggregated underlying indicators, are available at www.govindicators.org.