Photo: Curt Carnemark / World Bank Authors: Martin Abel and Eliana Carranza This blog was originally published in English and is reprinted in Spanish by permission from VoxDev. En muchos países de ingresos bajos y medios (LMIC), los jóvenes enfrentan diferentes trayectorias de empleo y salario dependiendo de su punto de entrada…
In November 2019, the World Bank Board of Directors approved, for the first time in its history, a Development Policy Financing (DPF) operation entirely devoted to increasing women’s access to economic opportunities.
Divanbeigi and Federica Saliola Too many people remain in low productivity, low earning, insecure, or self-employed jobs around the globe.
Photo: Nafise Motlaq / World Bank Authors: Amanina Abdur Rahman and Achim Schmillen Similar to the trajectory of development seen in many other countries (see blog #3 in the series), over the decades since independence in 1957, Malaysia has seen a significant increase in GDP per capita from labor productivity. The country also underwent…
Event Recording: https://web.microsoftstream.com/video/2bd700a6-9bc3-44e7-9389-1618756a2471 On June 17, 20222, the World Bank’s Rome Program on Jobs and Labor Mobility and the Luiss Guido Carli University hosted the presentation of the new World Bank Flagship report “Building Resilient Migration Systems in the Mediterranean Region: Lessons from COVID-19”. Migration has been a source of social and economic well-being…
Photo: World Bank Authors: Michael Weber and David Newhouse There is now clear evidence that the devastating economic impacts of the COVID-19 pandemic were distributed unequally among workers in many developed countries. We recently explored how the crisis has affected different types of workers and find substantial differences. Drawing on phone survey data from about 40 developing…
Photo: World Bank Authors: Michael Weber and David Newhouse Even a year and a half after lockdowns started to go into effect, it’s difficult to get a clear picture of the impact of the COVID-19 pandemic on the Global South. Face-to-face data collection has been suspended in most of the world due to health concerns,…
Photo: World Bank Authors: Victoria Levin and Michael Weber Youth aged 15-24 make up 1.2 billion people in the world and it is projected to increase to 1.3 billion by 2030, with some countries and regions experiencing rapid growth, or so-called “youth bulges.” More than one million young people enter the labor market each month in India and in sub-Saharan Africa.…
Photo: World Bank Authors: Ivette Maria Contreras-González, Gbemisola Oseni, Amparo Palacios-Lopez, Janneke Pieters and Michael Weber Labor markets continue to be a key transmission channel of the economic impact of COVID-19. As a result, tracking the trends in labor markets is paramount to gaining a better understanding of the economic impacts of the pandemic. Proper…
Photo: World Bank Authors: Johanne Buba, Hannah Uckat, Leonardo Iacovone, Denis Medvedev The COVID-19 pandemic took a heavy toll on the global economy, with world output falling by 3.5 percent year-on-year in 2020. Despite these large output losses, surveys from more than 60 countries conducted by the World Bank and partners between April and December 2020…