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Youth Employment Programs - Independent Evaluation Group

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tive rules on hiring and firing as well as problems with information andmatching. The ongoing <strong>Youth</strong> <strong>Employment</strong> Inventory (YEI) will provide considerableinsight into successful programs across contexts and participants.Experience also suggests some areas for fruitful research, and areas in whichour clients are asking for more guidance. These include the design of comprehensiveprograms, cost-effectiveness, scale and sustainability, and the impactof programs on different groups and in different contexts – such as the poorand non-poor, and urban and rural populations.Specific recommendations. Bank management is in broad agreement withIEG’s recommendations for the Bank. With regard to the regular collectionand reporting of age-disaggregated statistics, management will work withthe Development Data <strong>Group</strong> (DECDG) to ensure that, to the extent possible,data are made available for public download on the Development Data Platform.This database already includes both the employment-to-population ratioand the unemployment rate for 15-24-year-olds. In addition, for countriesfor which labor market statistics are regularly collected and reported, and inwhich youth employment is regarded as a central concern of national policy,management will advocate the publication of age-disaggregated statistics onemployment and activity. With regard to the design of evidence-based policy,management will continue to collaborate with partners and clients to collect,synthesize and utilize experiences from Bank operations and evaluations, andto assist with the integration of this evidence into project design. Finally,with regard to the design of comprehensive and cross-sectoral programs toenhance youth employment, Management will continue to assist with thedesign of appropriate interventions on the basis of diagnosis and dialogueas well as on the evidence and experience accumulated from other cases.At least two regions with youth employment concerns, the Middle East andNorth Africa (MENA) and Africa, are completing reports on youth and jobs.MENA’s upcoming jobs report “Bread, Freedom and Dignity: Jobs in the MiddleEast and North Africa”, focuses on youth. Africa is completing a flagshipreport on youth employment in FY13.IFC Management CommentsIFC management welcomes this report. We appreciate that the report recognizesthat IFC has a broad approach for employment creation. Since inception,IFC has been supporting financially, economically and sustainably viableprivate sector enterprises that result in private sector development, highergrowth, and provide direct, indirect and induced employment. IFC’s advisoryservices help create an environment conducive to private sector development,provide entrepreneurial training, and enhance job opportunities throughtechnical advice on access to finance, sustainable business, and private-publicpartnerships. In addition to this broad approach, as the report shows, IFC hasundertaken youth employment targeted interventions in both investmentsand advisory services, including 50 education investment projects with totalIFC commitments of $500 million. In advisory services, the report lists 110xxii<strong>Youth</strong> <strong>Employment</strong> <strong>Programs</strong>

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