Using the Market to Hire Skills as an Alternative to Business Training

Anderson, Stephen J.; McKenzie, David

Brief

Using the Market to Hire Skills as an Alternative to Business Training

Download

English PDF216.6KB

Text file7.960KB

Published

2020-12

Author(s)

Anderson, Stephen J.

McKenzie, David

Metadata

Show full item record

Abstract

This note reports on a new approach to improving business practices in growing firms - using the market to insource or outsource skills instead of training the entrepreneur.

Citation

“Anderson, Stephen J.; McKenzie, David. 2020. Using the Market to Hire Skills as an Alternative to Business Training. Finance and PSD Impact;. World Bank, Washington, DC. © World Bank. https://openknowledge.worldbank.org/handle/10986/34963 License: CC BY 3.0 IGO.”

URI

http://hdl.handle.net/10986/34963

Collection(s)

This item appears in the following Collection(s)

Finance & PSD Impact

Global Economic Prospects, January 2022

World Bank (2022-01-11)

The global recovery is set to decelerate amid diminished policy support, continued COVID-19 flare-ups, and lingering supply bottlenecks. In contrast to that in advanced economies, output in emerging market and developing economies will remain markedly below pre-pandemic trends over the forecast horizon. The outlook is clouded by various downside risks, including new COVID-19 outbreaks, the possibility of de-anchored inflation expectations, and financial stress in a context of record-high debt levels. If some countries eventually require debt restructuring, this will be more difficult to achieve than in the past. Climate change may increase commodity price volatility, creating challenges for the almost two-thirds of emerging market and developing economies that rely heavily on commodity exports and highlighting the need for asset diversification. Social tensions may heighten as a result of the increase in inequality caused by the pandemic. These challenges underscore the importance of strengthened global cooperation to promote a green, resilient, and inclusive recovery path.

The global recovery is set to decelerate amid diminished policy support, continued COVID-19 flare-ups, and lingering supply bottlenecks. In contrast to that in advanced economies, output in emerging market and developing economies will remain markedly below pre-pandemic trends over the forecast horizon. The outlook is clouded by various downside risks, including new COVID-19 outbreaks, the possibility of de-anchored inflation expectations, and financial stress in a context of record-high debt levels. If some countries eventually require debt ...

The global recovery is set to decelerate amid diminished policy support, continued COVID-19 flare-ups, and lingering supply bottlenecks. In contrast to that in advanced economies, output in emerging market and developing economies will remain markedly below pre-pandemic trends over the forecast horizon. The outlook is clouded by various downside risks, including new COVID-19 outbreaks, the possibility of ...
Impact Evaluation of Business License Simplification in Peru : An Independent Assessment of an International Finance Corporation-Supported Project

Independent Evaluation Group (2013)

This evaluation assesses the impact of International Finance Corporation's (IFC's) Business License Simplification Project in the municipality of Lima, Peru. It reviews two previous evaluations sponsored by IFC and adds new evidence. Under the project, IFC's Foreign Investment Advisory Services (FIAS) worked with the municipality of Lima to reform the administrative process for obtaining a business license in Cercado de Lima, one of 44 districts that comprise metropolitan Lima. According to the municipality, 64 percent of the businesses in this district lacked a business license in 2005, and most of them were microenterprises. The project was implemented from January 2005 to March 2007. The present evaluation conducted an independent review of both previous studies, collected additional data, verified the previous findings, and placed the findings in the context of related studies and ...

This evaluation assesses the impact of International Finance Corporation's (IFC's) Business License Simplification Project in the municipality of Lima, Peru. It reviews two previous evaluations sponsored by IFC and adds new evidence. Under the project, IFC's Foreign Investment Advisory Services (FIAS) worked with the municipality of Lima to reform the administrative process for obtaining a business license in Cercado de Lima, one of 44 districts ...

This evaluation assesses the impact of International Finance Corporation's (IFC's) Business License Simplification Project in the municipality of Lima, Peru. It reviews two previous evaluations sponsored by IFC and adds new evidence. Under the project, IFC's Foreign Investment Advisory Services (FIAS) worked with the municipality ...
Pre-empting Protectionism in Services : The WTO and Outsourcing

Mattoo, Aaditya; Wunsch, Sacha (2004-03)

Cross-border trade in services is growing rapidly, with both industrial and developing countries among the most dynamic exporters. Despite the substantial global benefits from such trade, the adjustment pressures created in importing countries could provoke a protectionist backlash-some signs of which are already visible in procurement and regulatory restrictions. The current negotiations under the Doha Development Agenda offer an opportunity to lock in current openness and preempt protectionism. This paper describes how a bold initiative under the General Agreement on Trade in Services can help secure openness.

Cross-border trade in services is growing rapidly, with both industrial and developing countries among the most dynamic exporters. Despite the substantial global benefits from such trade, the adjustment pressures created in importing countries could provoke a protectionist backlash-some signs of which are already visible in procurement and regulatory restrictions. The current negotiations under the Doha Development Agenda offer an opportunity ...

Cross-border trade in services is growing rapidly, with both industrial and developing countries among the most dynamic exporters. Despite the substantial global benefits from such trade, the adjustment pressures created in importing countries could provoke a protectionist backlash-some signs of which are already visible in procurement ...

Follow World Bank Publications on Facebook, Twitter or Linked-In

Browse

Browse this collection

Author profiles

Site statistics

Focus

Browse

Browse this collection

Author profiles

Site statistics

Focus

Using the Market to Hire Skills as an Alternative to Business Training

Download

Published

Author(s)

Metadata

Abstract

Citation

URI

Collection(s)

This item appears in the following Collection(s)

Global Economic Prospects, January 2022

Impact Evaluation of Business License Simplification in Peru : An Independent Assessment of an International Finance Corporation-Supported Project

Pre-empting Protectionism in Services : The WTO and Outsourcing

Improving Business Practices and the Boundary of the Entrepreneur : A Randomized Experiment Comparing Training, Consulting, Insourcing and Outsourcing

What Prevents More Small Firms from Using Professional Business Services? An Information and Quality-Rating Experiment in Nigeria

How Should Business Training be Priced? A Demand Experiment in Jamaica

Stay Connected

Resources

About

News

Stay connected

Browse

Browse this collection

Author profiles

Site statistics

Focus

Browse

Browse this collection

Author profiles

Site statistics

Focus

Using the Market to Hire Skills as an Alternative to Business Training

Download

Published

Author(s)

Metadata

Abstract

Citation

URI

Collection(s)

This item appears in the following Collection(s)

Users also downloaded

Global Economic Prospects, January 2022

Impact Evaluation of Business License Simplification in Peru : An Independent Assessment of an International Finance Corporation-Supported Project

Pre-empting Protectionism in Services : The WTO and Outsourcing

Related items

Improving Business Practices and the Boundary of the Entrepreneur : A Randomized Experiment Comparing Training, Consulting, Insourcing and Outsourcing

What Prevents More Small Firms from Using Professional Business Services? An Information and Quality-Rating Experiment in Nigeria

How Should Business Training be Priced? A Demand Experiment in Jamaica