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Youth Employment Programs - Independent Evaluation Group

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Acceptance byManagementManagement ResponseOn the supply side, IFC will continue to provide investment andadvisory services products aimed at developing employable andentrepreneurship skills among youth, in particular through supportfor Technical and Vocational Education and Training (TVET), secondaryand tertiary education, and entrepreneurship training such asBusiness Edge.Regarding the second bullet, in countries where youth employmentis a concern to the government and/or the World Bank and IFC, IFCwill explore opportunities to work with the World Bank to map andstrengthen regulatory frameworks and leverage analytical work toidentify gaps in education systems, in particular concerning skillsprovision, where the private sector can step in.Notes1. For example, the Dominican Republic, Programa Juventud y Empleo (PJE); Malawi, Impact<strong>Evaluation</strong> of Technical and Vocational Skills Training for Orphaned, Vulnerable and Affected<strong>Youth</strong>; Tunisia: Turning Theses into Enterprises; and Uganda, The Northern Uganda SocialAction Fund (NUSAF) <strong>Youth</strong> Opportunities Program (YOP).2. See www.gpye.org for more information.3. The YEI is a joint effort of the Bank, the <strong>Youth</strong> <strong>Employment</strong> Network, the ILO, and theGerman Ministry for Economic Cooperation and Development (BMZ). This consortium isassembling a database of youth employment interventions around the world, gathering theevidence of what works, and promoting both learning and the use of evidence in programdesign and planning. The YEI database currently contains over 500 programs, more than 100 ofwhich have integral impact evaluations.4. The report’s Table E.1 illustrates how tracking jobs data by project could be misleading. First,the data are on jobs provided by IFC clients, not by IFC. Second, the job count is based onfirm level staff count per year without adjustments for seasonality and business cycles such asconstruction firms that are in between projects at the time the jobs data are collected. Third,the data do not include indirect and induced jobs, as well as investments in the financialsector, which represent the bulk of jobs IFC clients provide.Management Response xxix

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