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World Development Report 2013: Jobs Drive Development

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Wednesday, 28 November 2012

World Development Report 2013: Jobs Drive Development

According to the World Bank, 600 million new jobs will have to be created over a 15-year period for employment rates to remain constant. The World Development Report 2013 considers jobs as drivers of development and shows that jobs are more than merely a byproduct of economic growth – they are transformational in terms of living conditions, social cohesion and productivity gains.
The Report was presented in a panel discussion at the World Bank Brussels Office on 27 November, where many issues relating to employment in developing countries were raised, including the importance of increased rural productivity for smallholder farmers, the necessity for remote small island nations to link their economies to the global economy for the sustainable creation of jobs, and the lack of data concerning employment and labour in the majority of Sub-Saharan African countries.

Source: World Bank Group, CTA