Youth Employment Programs : An Evaluation of World Bank and International Finance Corporation Support

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collection.link.25
https://openknowledge.worldbank.org/handle/10986/2132
collection.name.25
IEG Independent Evaluations & Annual Reviews
dc.contributor.author
Independent Evaluation Group
dc.date.accessioned
2013-01-30T22:20:47Z
dc.date.available
2013-01-30T22:20:47Z
dc.date.issued
2012-09
dc.description.abstract
Youth employment issues are a major concern for many countries because they have negative effects on the welfare of young people, and may also adversely affect economic performance and social stability. This is the first Independent Evaluation Group (IEG) evaluation of the World Bank Group's support to countries trying to address youth employment issues. The World Bank lending portfolio for youth employment is relatively small, although components of programs appear in 57 countries. Most projects include interventions in skills development and school-to-work transition. Half of the projects include interventions to foster job creation and work opportunities for youth. International Finance Corporation (IFC) has a broad approach to job creation. Between FY01 and FY11 youth employment has not been specifically targeted, except in the Middle East and North Africa region and in a small number of other interventions. IFC invested $500 million to 50 investment operations and 18 advisory services to education. Although youth employment is addressed in the education, social protection, and labor strategies, it is not recognized as an issue in most country strategies even where youth unemployment is serious. Youth employment is a multisectoral issue, but few youth employment projects are implemented by multisectoral teams. The evaluation makes two recommendations: (i) apply an evidence-based approach to youth employment operations, and (ii) at the country level, take a strategic approach to youth employment by addressing the issue comprehensively, working across World Bank Group teams, with governments and other donors. There is a critical need to strengthen evidence-based feedback loops to the strategic planning process. Addressing youth employment issues is a major concern for many countries. It negatively affects the welfare of young people and potentially the rest of the economy as well. Unemployed youth do not get a chance to build professional skills. As a result, they are more at risk for higher adult unemployment, career downgrades and lower wages later in life, and a loss in lifetime earnings. The reasons for higher youth-to-adult unemployment rates include labor demand and supply factors, as well as constraints in the labor and credit markets. Their relative importance in a dynamic growth context varies across countries. Recognizing these differences is important for governments in designing youth employment programs tailored to the most affected youth groups, and to incorporating in program design specific interventions to address the underlying causes of youth unemployment and underemployment. This evaluation was done to better understand the contributions of the World Bank and IFC to these efforts, their effectiveness, and what can be learned from the experience to support decision makers in finding new solutions.
en
dc.identifier
http://documents.worldbank.org/curated/en/2012/12/17094413/youth-employment-programs-evaluation-world-bank-ifc-support
dc.identifier.isbn
978-0-8213-9794-7
dc.identifier.uri
http://hdl.handle.net/10986/12225
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC: World Bank
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCESS TO INFORMATION
dc.subject
ACCESS TO RESOURCES
dc.subject
ACCOUNTABILITY
dc.subject
ACTIVE LABOR
dc.subject
ACTIVE LABOR MARKET
dc.subject
ACTIVE LABOR MARKET PROGRAM
dc.subject
ACTIVE LABOR MARKET PROGRAMS
dc.subject
ADOLESCENT
dc.subject
ADOLESCENT GIRLS
dc.subject
ADULTHOOD
dc.subject
ADVERSE EFFECTS
dc.subject
AGE GROUP
dc.subject
AGE GROUPS
dc.subject
BANK MANAGEMENT
dc.subject
BANKS
dc.subject
BUSINESS CYCLE
dc.subject
BUSINESS CYCLES
dc.subject
CHILD DEVELOPMENT
dc.subject
CHILDBEARING
dc.subject
COLLECTIVE ACTION
dc.subject
DEVELOPMENT ECONOMICS
dc.subject
DEVELOPMENT EFFECTIVENESS
dc.subject
DIGNITY
dc.subject
DISADVANTAGED YOUTH
dc.subject
EARNING
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC POLICIES
dc.subject
EMPLOYABILITY
dc.subject
EMPLOYEE
dc.subject
EMPLOYMENT EFFECT
dc.subject
EMPLOYMENT EFFECTS
dc.subject
EMPLOYMENT GROWTH
dc.subject
EMPLOYMENT HISTORY
dc.subject
EMPLOYMENT IMPACT
dc.subject
EMPLOYMENT INCREASES
dc.subject
EMPLOYMENT OPPORTUNITIES
dc.subject
EMPLOYMENT OUTCOMES
dc.subject
EMPLOYMENT PROGRAMS
dc.subject
EMPLOYMENT PROTECTION LEGISLATION
dc.subject
EMPLOYMENT SHARE
dc.subject
EMPLOYMENT SITUATION
dc.subject
EMPLOYMENT TRAINING
dc.subject
EMPLOYMENT TRENDS
dc.subject
ENTREPRENEURSHIP
dc.subject
ETHNIC GROUPS
dc.subject
EXTERNALITIES
dc.subject
FAMILIES
dc.subject
FEMALE LABOR
dc.subject
FEMALE LABOR FORCE
dc.subject
FINANCIAL RISK
dc.subject
FIRM LEVEL
dc.subject
HOUSEHOLD ENTERPRISE
dc.subject
HOUSEHOLD ENTERPRISES
dc.subject
HUMAN CAPITAL
dc.subject
IMPERFECT INFORMATION
dc.subject
INCOME
dc.subject
INFLATION
dc.subject
INFORMAL ECONOMY
dc.subject
INFORMAL SECTOR
dc.subject
INNOVATION
dc.subject
INVENTORY
dc.subject
ISLAMIC DEVELOPMENT BANK
dc.subject
JOB CREATION
dc.subject
JOB INFORMATION
dc.subject
JOB SEARCH
dc.subject
JOB SEARCH ASSISTANCE
dc.subject
JOB SEEKERS
dc.subject
JOB TURNOVER
dc.subject
JOBS
dc.subject
LABOR DEMAND
dc.subject
LABOR FORCE
dc.subject
LABOR FORCE PARTICIPATION
dc.subject
LABOR MARKET
dc.subject
LABOR MARKET CHARACTERISTICS
dc.subject
LABOR MARKET INDICATORS
dc.subject
LABOR MARKET INSTITUTIONS
dc.subject
LABOR MARKET OUTCOME
dc.subject
LABOR MARKET OUTCOMES
dc.subject
LABOR MARKET PERFORMANCE
dc.subject
LABOR MARKET POLICIES
dc.subject
LABOR MARKET POLICY
dc.subject
LABOR MARKET REFORM
dc.subject
LABOR MARKET REFORMS
dc.subject
LABOR MARKET REGULATIONS
dc.subject
LABOR MARKETS
dc.subject
LABOR REGULATION
dc.subject
LABOR SUPPLY
dc.subject
LABORERS
dc.subject
LABOUR
dc.subject
LOW EMPLOYMENT
dc.subject
LOW UNEMPLOYMENT
dc.subject
LOW UNEMPLOYMENT RATES
dc.subject
MACROECONOMICS
dc.subject
MALE YOUTH
dc.subject
MARKET WAGES
dc.subject
MIGRATION
dc.subject
NET JOB CREATION
dc.subject
NON-FARM EMPLOYMENT
dc.subject
POST-PROGRAM EMPLOYMENT
dc.subject
PRIVATE PROVIDERS
dc.subject
PRIVATE SECTOR
dc.subject
PRIVATE SECTORS
dc.subject
PRIVATE-PUBLIC PARTNERSHIPS
dc.subject
PRODUCTIVE EMPLOYMENT
dc.subject
PRODUCTIVITY
dc.subject
PRODUCTIVITY GROWTH
dc.subject
PROGRAM DESIGN
dc.subject
PUBLIC SECTOR JOBS
dc.subject
PUBLIC WORKS
dc.subject
PUBLIC WORKS PROGRAMS
dc.subject
SAFETY
dc.subject
SAFETY NETS
dc.subject
SAVINGS
dc.subject
SERVICE PROVIDERS
dc.subject
SIGNALING EFFECT
dc.subject
SKILLS DEVELOPMENT
dc.subject
SMALL BUSINESSES
dc.subject
SOCIAL COHESION
dc.subject
SOCIAL NORMS
dc.subject
SOCIAL SAFETY NETS
dc.subject
STRUCTURAL ADJUSTMENT
dc.subject
TECHNICAL ASSISTANCE
dc.subject
TEMPORARY SAFETY NET
dc.subject
TEMPORARY WAGE SUBSIDIES
dc.subject
TOTAL EMPLOYMENT
dc.subject
TRAINING PROGRAMS
dc.subject
TRANSPORT
dc.subject
TRUST FUNDS
dc.subject
UNEMPLOYED
dc.subject
UNEMPLOYED PERSON
dc.subject
UNEMPLOYED YOUTH
dc.subject
UNEMPLOYMENT BENEFITS
dc.subject
UNEMPLOYMENT INSURANCE
dc.subject
UNEMPLOYMENT PROBLEM
dc.subject
UNSKILLED WORKERS
dc.subject
VIOLENCE
dc.subject
VOCATIONAL EDUCATION
dc.subject
VOCATIONAL SKILLS
dc.subject
VOCATIONAL TRAINING
dc.subject
WAGE EMPLOYMENT
dc.subject
WAGE LEVELS
dc.subject
WAGE SUBSIDIES
dc.subject
WAGES
dc.subject
WORK EXPERIENCE
dc.subject
WORKING CONDITIONS
dc.subject
WORKING POOR
dc.subject
YOUNG PEOPLE
dc.subject
YOUNG PERSON
dc.subject
YOUNG WOMEN
dc.subject
YOUNG WORKERS
dc.subject
YOUTH
dc.subject
YOUTH EMPLOYMENT
dc.subject
YOUTH EMPOWERMENT
dc.subject
YOUTH GROUPS
dc.subject
YOUTH LABOR
dc.subject
YOUTH POPULATION
dc.subject
YOUTH UNEMPLOYMENT
dc.subject
YOUTH UNEMPLOYMENT RATE
dc.subject
YOUTH UNEMPLOYMENT RATES
dc.title
Youth Employment Programs : An Evaluation of World Bank and International Finance Corporation Support
en
okr.crosscuttingsolutionarea
Jobs
okr.date.disclosure
2012-12-17
okr.doctype
Publications & Research :: Publication
okr.doctype
Publications & Research :: Publication
okr.docurl
http://documents.worldbank.org/curated/en/2012/12/17094413/youth-employment-programs-evaluation-world-bank-ifc-support
okr.globalpractice
Social Protection and Labor
okr.globalpractice
Finance and Markets
okr.globalpractice
Governance
okr.globalpractice
Health, Nutrition, and Population
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-0-8213-9794-7
okr.identifier.externaldocumentum
000425962_20121219134203
okr.identifier.internaldocumentum
17094413
okr.identifier.report
74442
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/12/19/000425962_20121219134203/Rendered/PDF/NonAsciiFileName0.pdf
en
okr.peerreview
Academic Peer Review
okr.topic
Governance :: Youth and Governance
okr.topic
Social Protections and Labor :: Labor Markets
okr.topic
Social Protections and Labor :: Labor Policies
okr.topic
Health, Nutrition and Population :: Adolescent Health
okr.topic
Banks and Banking Reform
okr.topic
Finance and Financial Sector Development
okr.topic
Health
okr.topic
Nutrition and Population
okr.unit
IEG Public Sector (IEGPS)
okr.volume
1 of 1

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