Description: Lao Development Report 2014 : Expanding Productive Empoloyment for Broad-Based Growth

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Lao Development Report 2014 : Expanding Productive Empoloyment for Broad-Based Growth

Recent media reports of a perceived skills problem in Lao PDR have spurred an intense focus on skills development initiatives. Alarming media coverage of rising wages and complaints among firms of a shortage of skilled workers has raised concerns...

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Bibliographic Details
Main Author:	World Bank Group
Language:	English en_US
Published:	Washington, DC 2015
Subjects:	ACCOUNTING AGRICULTURE BASIC LITERACY CHEMICAL FERTILIZERS CHILD LABOR COMPETITIVENESS CONSUMERS DEFLATORS DEMOGRAPHIC TRANSITION DEREGULATION DEVELOPMENT POLICIES DEVELOPMENT PROCESSES DEVELOPMENT STRATEGY DOMESTIC WORKERS DRIVERS EARNING ECONOMIC BOOM ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC STRUCTURE EMPLOYMENT SHARE EMPLOYMENT SITUATION EXPANDING EMPLOYMENT OPPORTUNITIES EXPORTS FINDING EMPLOYMENT FOREIGN WORKERS FORESTRY GDP GDP DEFLATOR GDP PER CAPITA GROSS DOMESTIC PRODUCT GROWTH RATE HEALTH SERVICES HIGH WAGE HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSING HUMAN CAPITAL HUMAN RESOURCE HUMAN RESOURCE DEVELOPMENT INCOME INCOME DISTRIBUTION INTERNATIONAL MARKETS JOB CREATION JOBS LABOR COSTS LABOR FORCE LABOR MARKET LABOR MARKET DEMAND LABOR MARKET INDICATORS LABOR MOVEMENT LABOR MOVEMENTS LABOR PRODUCTIVITY LABOR PRODUCTIVITY GROWTH LABOR SHORTAGE LABOUR LEGISLATION LIVING STANDARDS MANUFACTURING WAGES MIGRATION MINIMUM WAGE MOTIVATION NATURAL RESOURCES NON-FARM SECTOR ON-THE-JOB TRAINING PRICE CEILINGS PRICE CONTROLS PRIVATE SECTOR PRIVATE SECTOR FIRMS PRODUCERS PRODUCTION COSTS PRODUCTIVE EMPLOYMENT PRODUCTIVITY GAINS PRODUCTIVITY INCREASES PROFITABILITY PROPERTY RIGHTS PSE PUBLIC EXPENDITURES PUBLIC GOODS REAL WAGES RURAL LABOR RURAL WORKERS SECONDARY SCHOOL EDUCATION SERVICE PROVIDERS SERVICE SECTOR SKILLED WORKERS SKILLS ASSESSMENT SKILLS DEVELOPMENT STRUCTURAL CHANGE TAXATION TECHNOLOGICAL INNOVATIONS TOTAL EMPLOYMENT TOTAL FACTOR PRODUCTIVITY TRADE FLOWS TRADE POLICY TRAINING MATERIALS TRAINING SYSTEM TRANSACTION COSTS UNSKILLED WORKERS VALUE ADDED VOCATIONAL EDUCATION VOCATIONAL SCHOOL VOCATIONAL TRAINING WAGE INCREASES WAGE PREMIUM WAGE RATES WEALTH WORK EXPERIENCE WORKER WORKERS WORKFORCE SKILLS WORKING HOURS WORLD TRADE ORGANIZATION WTO YOUNG WORKERS YOUTH UNEMPLOYMENT
Online Access:	http://documents.worldbank.org/curated/en/2014/10/23910097/lao-development-report-2014 http://hdl.handle.net/10986/21555

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Summary:	Recent media reports of a perceived skills problem in Lao PDR have spurred an intense focus on skills development initiatives. Alarming media coverage of rising wages and complaints among firms of a shortage of skilled workers has raised concerns over whether Lao workers are equipped with the skills sought by firms. The Government and other partners have responded by channeling more resources to skills development, for example with investments in vocational training facilities to train more workers. This report argues that the workforce problems which Lao PDR faces do not only stem from problems in the education sector. Looking only to skills development as a solution would not address the fundamental problems constraining economic growth, employment creation, and poverty reduction. Creating an environment conducive for farm and non-farm businesses to make investments and grow remains an essential first step for skills development. As World Bank (2004) states, Training does not create jobs. Skills are a derived demand and that demand depends on policies for growth and employment creation.