Impact Evaluation 4 Peace 24-27 March 2014, Lisbon, Portugal 1 What We Do (and Don't) Know about Human Capital Development Presented by: Vincent Pons Additional.

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Impact Evaluation 4 Peace March 2014, Lisbon, Portugal 1 What We Do (and Don't) Know about Human Capital Development Presented by: Vincent Pons Additional team members: Ben Feigenberg, Anil Jain Latin America and the Caribbean’s Citizen Security Team

What We Do (and Don't) Know about Human Capital Development Presented by: Vincent Pons Additional team members: Ben Feigenberg, Anil Jain

MDGs : what’s missing?

Human capital = education

MDGs : what’s missing? Human capital = education

MDGs : what’s missing? Human capital = education + jobs training

MDGs : what’s missing? Human capital = education + jobs training ?

That’s unfair! x

Jobs training deserves more

Why is jobs training important? Keynes: “In the long run…”. Long run = Education Short run = Jobs Training

Why is jobs training important? 40% of firms in Sub-Saharan Africa report concerns about inadequate worker skills and education

Why is jobs training important? “Informal, poorly paid and unemployed: The reality of work for most youth in developing countries.” – ILO May 2013

Why is jobs training important? “Two thirds of working age youth in some developing countries are either unemployed or trapped in low-quality jobs” – ILO Global Employment Trends for Youth 2013

The role of jobs training Last resort provider of human capital development in low-education settings

The role of jobs training Improve access to formal labor market

The role of jobs training Reduce employment vulnerability and increase adaptability

The role of jobs training Increase labor productivity and wages by matching worker skills to firm needs

Who should provide jobs training? Low private sector provision… … so room for

Example : Brazil’s SENAI

What do we need to learn? Who benefits most from training? Who can provide training most effectively (government, NGOs, private businesses)? What are the skills (technical, cognitive, behavioral) that training programs should focus on? What is the optimal duration/intensity of training?