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Evaluation

Earnings Growth and Employment Creation : An Assessment of World Bank Support in Three Middle-Income Countries

CENTRAL BANK OF TUNISIA EMPLOYMENT BANKING REGULATION CAPITAL MARKETS COUNTRY COMPARISONS REGULATORY FRAMEWORK STRUCTURAL ADJUSTMENT ACCOUNTING DEPOSITS FINANCIAL DEEPENING FINANCIAL MANAGEMENT PRINCIPAL FISCAL DEFICITS AUTONOMY INTEREST LAWS PRIVATIZATION INDUSTRY BANKING SYSTEM LOCAL GOVERNMENTS STRATEGIES CURRENT EXPENDITURES RESOURCE ALLOCATION ETHNIC GROUPS WATER SUPPLY SERVICES PUBLIC SERVICES DISTRIBUTION OF INCOME HOUSING FAILURE RESOLUTION CAPITAL ADEQUACY REORGANIZATION MACROECONOMIC CONDITIONS PROJECTS MULTILATERAL DEVELOPMENT BANKS INFLATION MUNICIPALITIES STATE BANKS SAFETY NETS MACROECONOMIC STABILITY PRESENT VALUE PUBLIC POLICY SAVINGS TECHNICAL ASSISTANCE LABOR COSTS TRANSPORT PRIVATE BANKS METROPOLITAN AREAS PRODUCTIVITY ECONOMETRICS INTEREST RATES EXTERNALITIES MIGRATION TRANSFERS FINANCIAL INSTITUTIONS CRITERIA DEBT MARKETS FINANCIAL CRISES DEFICITS CAPITAL REQUIREMENTS LEGISLATION PUBLIC FINANCE LABOR LOANS ENTERPRISES ECONOMIC REFORM SUBSIDIES REAL SECTOR LEGAL FRAMEWORK FINANCE EARNINGS GROWTH GRANTS INFRASTRUCTURE MACROECONOMIC STABILIZATION TAXES BANKING SECTOR IMPORT TARIFFS BANKS EQUITY INCOME TAXES SOCIAL SAFETY NETS CURRENCY UNITS ACCOUNTABILITY CAPITAL WAGES FINANCIAL TRANSACTIONS SOCIAL SERVICES FINANCIAL STABILITY VALUE PENSIONS DEVELOPMENT BANKS BANK GOVERNMENT FINANCE STATE ENTERPRISES CREDIT INTERGOVERNMENTAL TRANSFERS INCOME DISTRIBUTION SUPERVISORY FRAMEWORK PUBLIC EXPENDITURES PUBLIC TRANSPORT PROPERTY MANDATES FISCAL YEAR TRANSACTION COSTS CURRENT COSTS FOREIGN EXCHANGE MONETARY POLICIES ECONOMICS PUBLIC DEBT SUBSIDIARY GOVERNANCE INSURANCE MUNICIPAL DEVELOPMENT TAXATION NEW ENTRANTS PUBLIC AGENCIES LAND PRUDENTIAL REQUIREMENTS RISK FISCAL REFORM FINANCIAL MARKETS BANK FAILURE RESOLUTION BANKING CIT TAX ADMINISTRATION DECENTRALIZATION REVENUE FINANCIAL STRUCTURE RISK MANAGEMENT LENDING BANKING SUPERVISION FINANCIAL REFORM LABOR MARKETS BANK FAILURE GOVERNMENTS HEALTH SERVICES ECONOMIES AUDITING
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World Bank, Washington, DC
Europe and Central Asia | Latin America & Caribbean | Middle East and North Africa
2016-04-21T18:04:43Z | 2016-04-21T18:04:43Z | 2009-06-01

The primary aim of this evaluation is to develop lessons from the Bank’s experience in the three selected countries of Columbia, Tunisia, and Turkey regarding assistance aimed at employment creation and earnings growth. The evaluation focuses on employment creation and earnings growth because these have a strong bearing on the extent to which the central objective of poverty reduction is achieved. The evaluation assesses the impact of the Bank’s assistance on employment outcomes and focuses on relevance and effectiveness of Bank engagement on employment issues. Two findings in connection with outcomes across the three countries are highlighted. First, progress in economic growth and earnings was better than progress in employment and unemployment. Second, although the availability of statistics on employment and earnings outcomes has improved, there are still significant deficiencies. These findings suggest a number of implications for Bank support during the global unemployment crisis as follows: (a) deploy the Bank’s integrative capability to provide support in the different areas affecting employment outcomes; (b) focus on the classical, cyclical, and structural sources of unemployment; (c) update and improve employment and earnings data; (d) adjust programs to emphasize support with strong employment earnings effects;(e)advise countries on affordable fiscal stimuli; (f) support the development of unemployment insurance mechanisms; and (g) develop strategies to advance job flexibility and worker protection. IEG recommends that the Bank continue focusing on advice and projects to improve coverage and quality.

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