The Jobs Agenda

11:30 – 12:45 - Session Two
New Ways of Working Together – The Jobs Agenda
Joachim von Amsberg, Vice President, CFP, WB
Nena Stoiljkovic, Vice President, Business Advisory Services, IFC
Jennifer Keller, Senior Economist, Economic Policy and Debt Department, WB
Kaushik Shah, Director, Safal Group, Eastern Africa
Roland Michelitsch, Chief Results Measurement Specialist
Development Impact Department, IFC
New Ways of Working Together:
The Jobs Agenda
Nena Stoiljkovic
Vice President, IFC
Session 2
May 21, 2013
The World Bank Group
Jobs take people out of poverty…
Research shows that a job is, by a wide margin, the
most important pathway out of poverty
200 million
Over 620 million
idle young
people, neither
working nor
About 600
million jobs will
need to be
added by 2020
to keep up with
How to create more and better jobs is the
most critical issue facing policy makers today
The jobs challenge
 To increase the Quantity of jobs and their
 To increase the Quality of jobs (especially for
women and youth)
 Challenge for most countries- industrialized,
emerging markets and low income - as global
markets are highly inter-connected.
The private sector is the engine of job
creation, but governments and
development partners have a major role
 Private sector provides 90% of all jobs in
developing countries
 The only sustainable & long term solution –
private sector
 But governments and development
organizations play a critical role in getting the
basics right
3 distinct layers of policies are needed
Source: 2013 World Development Report on Jobs
Key Constraints for the Private Sector
* Size: Small = 5-20 employees, medium= 21-99 employees, and large >= 100 employees.
Source: IFC Jobs Study based on World Bank Group Enterprise Surveys covering 46,566 enterprises in 106 countries.
Good jobs for development
How the WBG is helping in different contexts
Helping urban jobs: WBG-supported investment climate reforms in 4 countries in
Africa helps create about 50,000 jobs in 2 years
Jobs to establish social cohesion: 22,675 ex-combatants in Rwanda received stipends
to start a small business or agricultural project
Infrastructure for employment: 75,000 jobs created in 6 years as result of reliable
power in India
Promoting productive extractive jobs: IFC-supported supply-chain linkage program in
Ghana (mining) led to large employment multiplier
Small island
Connecting people to markets and jobs: IFC-backed mobile banking in PNG brings
reliable mobile phones to millions, and direct jobs for 30,000
Youth unemployment
Promoting more employability of youth: WBG-supported training programs in
Tunisia link youth to private sector employment opportunities.
Promoting formalization by streamlining business registration processes in Peru and
Reducing healthcare costs for older workers : World Bank supported loans extended
medical insurance coverage to 900,000 people by 2011.
Donor funds have played an important role
Policy Analysis
 WDR 2013 on Jobs and IFC Jobs Study
 World Bank multi-donor trust fund on jobs,
growth and employment
 IFC’s E4E for Arab Youth
Other Examples
 Bosnia & Herzegovina- microfinance project creates 200,000 jobs, 50% of
borrowers women
 Mongolia Sustainable Livelihoods Program improves pastoral management
skills of 36,000 families
 Jordan Skill development for employability program
 Investment climate reforms through FIAS … 46 reforms in FY12 – IDA-focus
 GAFSP seeks to increase food security working with public and private sector will create job opportunities in agrarian economies.
 SME/gender baseline study in 25 countries will allow IFC to establish baseline
for jobs provided by MSMEs (100M jobs) and extent of female ownership.
How can the World Bank Group help?
 The WBG well positioned to help the development community,
working with partners, to address the global jobs challenge.
 WBG working closely with other international institutions
(ILO, OECD, WBCSD, WEF), private-sector oriented IFIs (e.g. joint
communiqué of 28 IFIs on creating more and better jobs), and
bilateral donors
 Next steps: to focus on
• developing more context specific approaches at the
country, sector and company level, improving diagnostic
tools , availability of adequate & timely data, and broader
knowledge sharing.
 Special Focus on inclusive jobs - jobs for women, youth, jobs in