Training programs mainly address market failures related to lack of skills (technical, cognitive, non-cognitive). This paper conducts a comprehensive review of training programs effectiveness in developing countries. Based on relevant international experiences, the paper highlights key design...

Fostering entrepreneurship is widely perceived to be a critical policy agenda to expand employment and earning opportunities and to reduce poverty. Sound macroeconomic conditions and business environment including infrastructure, regulation, and legal environment have typically been emphasized...

Throughout the developing world there is a growing demand for advice on the design of policies to facilitate access of the most vulnerable individuals to jobs, while reducing their dependency from public income support schemes. Even though these policies are common to both the activation and...

This note reviews recent World Bank experience with projects using results-based lending in Social Protection and Labor (SP&L) in preparation for stepped-up engagement under the proposed Program-for-Results (P4R). The P4R is expected to be launched in 2012. Given the already strong use of...

The main focus of the social protection and labor portfolio is on strengthening client's institutional capacity in the design and implementation of programs, but projects are not well equipped to track progress in this area. Correspondingly, there is a need to strengthen approaches to measuring...

Labor allocation to its most efficient use, promoting employment and human capital investment as well as functioning labor markets can contribute to long?term economic growth, poverty reduction and to help workers manage their risks. A labor market policy framework includes both regulations and...

In the last century most countries have experienced both an increase in pension spending and a decline in fertility. The authors argue that the interplay of pension generosity and development of capital markets is crucial to understand fertility decisions. Since children have traditionally...