The force of digitalization is driving the global economy, creating distinct groups of leaders and laggards. Through institutional reform that leverages the advantages of digitalization, the Mashreq can become a vital hub in international data networks. Furthermore, digital transformation can assuage pressing challenges. It can deliver higher transparency, accelerate lackluster productivity and increase economic opportunities for all, especially the youth of this region. A new report, Mashreq 2.0, charts the roadmap for the region to capitalize on this rapidly emerging opportunity, and assesses the prospect of a digitally integrated regional market.
What are the pathways people follow to better jobs? Economies grow when more people find work, when they get better at what they do, and when they move from low-productivity work to better, higher-productivity jobs. Our newest report `Pathways to better jobs in IDA countries’ takes a closer look at how people benefit through jobs in the process of development. It identifies how the available jobs change with economic transformation and shows how the structure of labor markets differs between low, lower-middle, and middle-income countries. It points to key challenges in ensuring that workers can transition between sectors, between locations, and between self- and waged employment.
Is new technology “transformative” or “disruptive”? I’ve heard this topic hotly debated at meetings both within the World Bank and more broadly. The issue is not just linguistic hair-splitting. Technology optimists prefer the first term and see new technologies, digitization in particular, as an opportunity for low-income developing countries to leapfrog into the 21st century. Moonshot Africa, an ambitious World Bank initiative to connect individuals, firms, and governments in Africa to fast internet is inspired by this vision. Technology pessimists on the other hand emphasize the disruptive effects digital technologies are expected to have on labor markets. Concerns about robots and algorithms replacing human labor increasingly dominate the public debate not only in advanced economies, but also in emerging and developing economies. Against this background, it is natural to ask how these two views are compatible. To be more specific: How will Moonshot Africa create jobs on a continent where job creation is needed more than anywhere else in the world with Africa’s working-age population projected to rise by 70% in the next twenty years?
The South Asia region alone will need to create more than 13 million jobs every year to keep pace with its demographics. In Sub-Saharan Africa, despite a smaller population, the challenge will be even greater—15 million jobs will need to be created each year.
Trust Fund Sint Maarten
Sint Maarten Interim Recovery Committee (IRC) is now hiring a Project Manager for the Emergency Debris Management Project to work closely with VROMI, VSA, and World Bank through the entire project cycle (works, technical assistance, etc), and organize and supervise all activities related to the project. If you know of any suitable candidate in your network, we’d much appreciate you forwarding the job posting to them.
Other current job opportunity’s on Sint Maarten:
- Communication Officer
- Supervision of Works Philipsburg and Simpson Bay Police Stations (Phase I)
Applications for the Winter World Bank Internship are being accepted from October 1st through October 31st, 2018. Please click here to apply.
The World Bank Internship Program offers highly motivated individuals an opportunity to be exposed to the mission and work of the World Bank Group in international development. The internship allows individuals to bring new perspectives, innovative ideas and latest research experience into the Bank’s work and improve their skills while working in a diverse environment. An internship at the World Bank is an opportunity to learn while gaining practical experience. Interns generally find the experience to be rewarding and interesting. In addition, it is a way to enhance their CVs with practical work experience.
Deadline: 19-Aug-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)
DFID, UNHCR, and the World Bank group have joined forces under a DFID Trust Fund to identify questions that are under-researched, of global interest, and highly policy-relevant on the topic of forced displacement and jobs. Within the initiative, the World Banks Jobs Group will fund one or several research projects to advance global knowledge on forced displacement and jobs, regarding (1) the impact of forced displacement on labor markets in host communities, and (2) the impact of jobs interventions in the context of forced displacement.
Do you wonder if the good fortune and opportunities that you’ve enjoyed in your professional life will be available to your children, and to their children? At a time of strong global economic growth, it may seem paradoxical that we face an existential crisis around the future of work. But the pace of innovation is accelerating, and the jobs of the future – in a few months or a few years – will require specific, complex skills.
“I like work, it fascinates me,” said Jerome K Jerome. “I can sit and look at it for hours.” We concur with the author of “Three Men in a Boat’, a novel which so fascinated Late Victorian England that, within a year of publication, the number of vessels on the River Thames had doubled.
Always wanted to work for the World Bank? The Young Professionals Program (YPP) is a good starting point for an exciting career at the World Bank Group.
For more than 50 years, the Young Professionals Program has been the preeminent program preparing global development leaders. The application for the 2018 Selection Process for the Young Professionals Program is open from June 14 – July 28, 2017.