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Workforce development in emerging economies - comparative perspectives on institutions, praxis, and policies for economic development (Paperback)
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Workforce development in emerging economies - comparative perspectives on institutions, praxis, and policies for economic development (Paperback)
Series: Directions in development
Expected to ship within 10 - 15 working days
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Investing in skills has risen to the top of the policy agenda today
in rich and poor countries alike. The World Bank supports its
partner countries on this agenda in multiple ways: development
finance, research and analysis, global knowledge exchange, and
technical assistance. This report was originally conceived as a
contribution to this catalog of the World Bank's work, but its
topic and findings are relevant to all policy makers and analysts
interested in skills-building to drive economic growth and improve
human well-being. The book examines workforce development (WfD)
systems in emerging economies around the world and presents novel
systems-level data generated by the Systems Approach for Better
Education Results (SABER)-WfD benchmarking tool, which was created
to implement the World Bank's 10-year Education Sector Strategy
launched in 2012. A key theme in the book is that WfD entails a
multi-layered engagement involving high-level policy makers,
system-level managers, as well as leaders at individual
institutions. Too often, the conversation and actions are
fragmented by intellectual, administrative and operational silos
which undermine effective cooperation to solve the deep challenges
of building job-relevant skills. The book's findings, based on
cross-sectional data for nearly 30 countries and time-series data
for five countries, identify successes and common issues across
countries in the sample. In lagging countries, the biggest
difficulties relate to: forming and sustaining strategic
partnerships with employers; ensuring equitable and efficient
funding for vocational education; and putting in place mechanisms
to enhance training providers' accountability for results defined
by their trainees' job market performance. By framing WfD in the
broader skills-for-growth context and drawing on lessons from
countries where well-designed WfD strategies have helped to drive
sustained growth, this book offers clear guidance on how to enable
a more effective approach to the inevitably complex challenges of
workforce development in emerging economies
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