Type | Book |
Title | Education, Skills, and Labor Market Outcomes |
Author(s) | |
Publication (Day/Month/Year) | 2016 |
Publisher | The World Bank Group |
City | Washington DC |
URL | https://openknowledge.worldbank.org/bitstream/handle/10986/24276/Education00ski0reas0in0120countries.pdf?sequence=5 |
Abstract | In recent years, skills development has become a priority among developed and developing countries alike. Having a skilled workforce has been recognized as paramount to boosting competitiveness in an increasingly global and interdependent economic environment, fostering innovation and business creation and increasing productivity. Since individuals with the right skills and knowledge are more likely to find employment, skills development can also have positive effects in reducing unemployment, raising incomes, and improving standards of living. The World Bank Group, in its quest to end extreme poverty and promote shared prosperity, has joined efforts with countries and multilateral development partners to ensure that individuals have access to quality education and training opportunities and that employers can find the skills they need to operate. Several means have been used toward this end, including funding operations, convening policy dialogue, providing technical assistance, and conducting research and analysis. The Skills Towards Employability and Productivity (STEP) Skills Measurement Program is part of the World Bank’s portfolio of analytical products on skills. The STEP program consists of two survey instruments that collect information on the supply and demand for skills in urban areas: a household survey and an employer survey. Because it provides a set of core questionnaires and implementation materials, the STEP program not only offers information that can be used for country-level policy analysis but also builds comparable country databases on skills. STEP has been implemented in waves, the first surveys being implemented in seven countries in 2012 (Bolivia, Colombia, Ghana, Lao PDR, Ukraine, Vietnam, and the Yunnan Province in China), and the second in five countries in 2013 (Armenia, Azerbaijan, Georgia, Kenya, and Macedonia FYR). The data presented in this publication correspond to these countries. |