Jobs for Shared Prosperity

JOBS FOR SHARED PROSPERITY

â&#x20AC;&#x153;insidersâ&#x20AC;? and discusses why these may no longer be sustainable. Finally, chapter 6 discusses the supply and intermediation of skills in the labor market. First, it shows how the incentives built into the educational system are not designed to equip students with the skills demanded by the economy; next, it analyzes the extent to which candidates are able to signal their skills and access job opportunities on a meritocratic basis. Finally, it discusses why jobs are seldom attained by the most qualified candidates.

Jobs for Shared Prosperity

Published on May 2, 2013

World Bank Publications

About

In the aftermath of the Arab Spring, when thousands of young women and men fought for the opportunity to realize their aspirations and potential, the question of jobs continues to be crucial in the Middle East and North Africa region. This report uses jobs as a lens to weave together the complex dynamics of employment creation, skills supply, and the institutional environment of labor markets. Consistent with the framework of the 2013 World Development Report on jobs, of which this report is the regional companion, this work goes beyond the traditional links between jobs, productivity, and living standards to include an understanding of how jobs matter for individual dignity and expectations—an aspect that was clearly central to the Arab Spring. Just as important, this report complements the economic perspective with an analysis of political economy equilibrium, with a view to identifying mechanisms that would trigger a reform process.

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