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Despite armed internal conflict and the global financial crisis, Sri Lanka has made remarkable progress in recent years, enjoying healthy economic growth and substantially reducing poverty. Moreover, Sri Lankans are the best-educated people in South Asia, with widespread access and high completion rates in primary and secondary education. Economic growth and structural changes in the economy, however, make skills development imperative as Sri Lanka implements its planthe Mahinda Chintana (MC)to become a regional hub in strategic economic areas. . Yet skills shortages and mismatches are widespread, and firms with undereducated employees and a shortage of skilled labor are less productive. An effective skills development system will help diversify the economy; improve labor productivity and competitiveness; give the country the flexibility it needs to compete effectively in the global economy; and further reduce poverty. As Sri Lanka moves from a factor-driven to an efficiency-driven economy, its workforce is shrinking even as demand for skillsespecially sophisticated skillsis rising. Unfortunately, Sri Lanka has been slow to expand technical and vocational education and training (TVET) and tertiary education. Responsibility for TVET is fragmented; the system is supply-driven; there is a shortage of reliable information on labor market skills demand and supply; employers are sidelined; and the resources invested are not linked to performance. The MC recognizes the severity of the skills constraint and highlights the importance of investing in workforce skills to raise both productivity and competitiveness. This report analyzes skills demand and supply in Sri Lanka and scrutinizes how skills are formed, the factors shaping skills demand, and the responsiveness of the system. Finally, it offers suggestions for how skills development can be improved so that Sri Lanka can meet its economic growth and poverty reduction goals.
Analyses how to improve higher education and employment policies in Ukraine so that more young people and adults find better jobs and the economy becomes more prosperous.
Since independence, the West African subregion has been the locus of a number of large-scale conflicts and civil wars, as well as various low-intensity conflicts.This study seeks to critically examine the challenges of fragility and security in West Africa, along with the factors of resilience.
Termination pay includes severance, mass redundancy, or end-of-service pay and is widely used as income protection for the unemployed. This book reviews such arrangements wordwide, analyzing their performance and recent reform trends to improve efficiency and redistributive impact.
East Asian countries need to make the leap from middle-income to high-income countries, and higher education will be key. This report explores higher education in East Asia and the changes needed to make this happen. It focuses on how to make higher education: more responsive to the needs of the labour market; contribute to improving the innovation agenda; and more inclusive.
Pensions are under scrutiny worldwide in view of increasing life expectancy and adverse demographics. This volume offers an overview of the different approaches and experiences in Western and emerging economies and an analysis from the angle of gender, equity, solvency and stability.
This study analyses the key challenges facing the urban poor given the risks associated with climate change and disasters, particularly with regard to the delivery of basic services, and identifies strategies and financing opportunities for addressing these risks. Several key findings emerge from the study and provide guidance for addressing risk.
Provides detailed information on the World Bank, the largest anti-poverty institution in the world, including its governance, structure, organizing principles, and areas of international interest. This book acts as a good introduction for anyone interested in understanding what the World Bank does and how it does it.
Governments around the world face ongoing pressures from citizens to provide more and better services, and to do this while restraining taxation levels. An emphasis on government performance has led a number of governments to create formal systems for monitoring and evaluating their performance. The focus of this book is on these government monitoring and evaluation systems.
"This work is a product of the staff of The World Bank with external contributions"--T.p. verso.
Offers an understanding of gender issues and a compilation of compelling evidence of good practices and lessons learned to guide practitioners in integrating gender dimensions into agricultural projects and programs. This book draws on a wide range of experience from World Bank, Food and Agriculture Organization (FAO), and other donor agencies.
An annual report of the World Bank on the external financing of developing countries. It provides monitoring and analysis of development finance, identifying key trends and policy challenges in international financial flows that are likely to affect the growth prospects of developing countries.
A statistical reference that allows you to consult over 900 indicators for 150 economies and 14 country groups in more than 80 tables. It offers an overview of the data available as well as important regional data and income group analysis in six thematic sections: World View, People, Environment, Economy, States and Markets, and Global Links.
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