Small and Medium Enterprises (SMEs) play an important role in income and employment generation in local economies, and SMEs account for a large share of businesses in low and income countries (LMICs). SMEs in LMICs are concentrated in activities which are described as unorganized or unregistered, or non-institutional. These SMEs have limited access to financial…
Training, Financing, and Matching between Workers and Firms
Project
Asymmetric Information on the Skills of Workers and Matching in the Labour Market
Youth unemployment is a serious issue in developing countries, where around 60% of young people are currently unemployed or underemployed [ILO 2013]. Understanding the determinants of youth employment in LICs is thus highly policy relevant, not just for policies related to labour market functioning and attachment, but also for those debates related to the incentives…
Reducing Extreme Poverty through Skill Training for Industry Job Placement
Bangladesh has been experiencing remarkable growth in the ready-made garments (RMG) industries for the last three decades. It has become an integral and major part of Bangladesh’s economy, which contributes 13 percent of GDP and 75 percent of export earnings. For instance, in 1983 there were some forty thousand people employed in RMG sector; since…
Start-Up Capital for Youth
Unemployment among young people is one of the most pressing social and economic problems facing less developed countries today. Data from the 2005 Kenya Integrated Household Budget Survey found that approximately 21% of youths are unemployed, and a further 25% are neither in school nor working. While the traditional academic schooling track offers large labour…
Building Management Hierarchies for Growth in LICs
We evaluate the impact of and demand for mid-level management training in a group of garment factories in Bangladesh. Industry participants recognise that there exists a shortage of skills needed to fill lower level management positions. There are several reasons firms may fail to provide socially optimal levels of training, and the project is designed…
High-Risk Youth in Post-Conflict Liberia
How can governments and NGOs raise employment and reduce the risk of violence among these poor and risky populations? Aid programs increasingly focus on helping youth through markets, especially through microenterprise development. The logic of this assistance, however, rests on the existence of market failures among the poorest of the poor: imperfect credit markets, or…
Punjab Economic Opportunity Program
The project seeks to understand the issues facing skills development in low-income countries (LICs) by identifying failures in both skills provision and labour markets then designing and evaluating interventions that can address these shortcomings and raise the socio-economic returns to acquiring skills. The project builds upon the Punjab Economic Opportunities Programme (PEOP, a DfID funded…
Transitions to Adulthood
This project will analyse long-term longitudinal data from Madagascar and Senegal to examine the dynamics of transitions into workforce of a cohort of young men and women. Our aim is to increase the knowledge of the process of skills accumulation, and their impacts and determinants in low income settings in multiple ways. It will add…
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