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What is the Price of a Skill? The Value of Complementarity

This report explores how to maximize the economic value of skills in a dynamic job market. It emphasizes that a skill's worth depends heavily on how well it complements other skills, particularly those in high demand. The value of any skill is also relative to the worker's existing skillset, with the greatest value often arising from combining skills from different areas. Focusing on Artificial Intelligence (AI) skills, the report finds them especially valuable due to their strong complementarity and rising demand, boosting worker wages by an average of 21

Short Note Series #8: Can Poor, Vulnerable, and Low-Skilled Workers Also Access Digital Jobs?

This Short Note is part of a series building on the report Working Without Borders: The Promise and Peril of Online Gig Work. This short note is based on a survey conducted in one of the largest microwork platforms and supplemented by data scraping from the same platform. Using descriptive statistics, network analysis, constrained linear optimization, linear regressions, and case studies, the note attempts to shed light on the world of microwork, which presents a low entry barrier opportunity for low-skilled people to supplement their incomes and participate in the digital economy.

Unlocking Opportunities for Youth in the Orange Economy: Spotlight on the Fashion Industry

This S4YE Note analyzes the importance of the fashion industry for socio-economic growth and examines its potential as a source of job opportunities for young people. It discusses jobs along the industry’s value chain, its contribution to global revenues and trade, and its evolution with changes in technology, environmental concerns, and changing consumption patterns. The note also highlights the skills required for jobs in the fashion industry and presents analysis to support the claim that the industry is a key driver of jobs for youth and women.

Putting Waste to Work in a Circular Economy: Creating Good Jobs for Youth in the Waste Sector

This Note is part of the Solutions for Youth Employment (S4YE) Knowledge Brief series that focuses on integrating a youth employment dimension and identifying opportunities in emerging sectors. Building upon S4YE’s Discussion Note on the Circular Economy, which aims to integrate the jobs agenda within the environment agenda, and the World Bank publication, "What a Waste 2.0”, this note focuses specifically on the waste sector.

Measuring Social Value: A new approach to measuring impact of Youth Employment Programs

This S4YE Knowledge Brief describes how The Duke of Edinburgh’s International Award Foundation (the Foundation), an international charity and licensing body of The Duke of Edinburgh’s International Award (the Award); a Non-Formal Education and Learning framework for young people aged 14-24 years old, uses the Social Return on Investment (SROI) framework and has developed a social value methodology (SVM) to measure the impact that the Award has on its stakeholders, such as Award holders, adults who support Award delivery, and wider society.

Short Note Series #7: Designing Online Gig Work Programs - Tips for Operational Teams

This Short Note is part of a series building on the report Working Without Borders: The Promise and Peril of Online Gig Work. This note aims to provide some practical tips for practitioners like World Bank task team leaders in implementing online gig work programs to enable vulnerable populations - such as youth, women, persons with disabilities - to access online gig jobs to support their social and economic inclusion.

Cultural and Creative Industries Creativity as a Catalyst for Economic Development and Social Change – Good Practice Compilation

This publication aims to inspire international development organisations, affected ministries such as ministries of economic affairs and ministries of culture, and the private sector to explore and implement initiatives that support the cultural and creative industries as an effective means of contributing to the Sustainable Development Goals (SDGs), in particular SDG 8 (Decent Work and Economic Growth) and SDG 6 (Gender Equality). I extend my deepest gratitude to everyone who has contributed to this publication. Be inspired and enjoy the read!

Understanding Cultural and Creative Industries and Designing Approaches for its Development – A Guide

Engaging in the Cultural and Creative Industries (CCI) as international development cooperation (DC) organisation involves navigating a dynamic and multifaceted landscape. This guide provides a comprehensive framework to assist organisations in understanding and analysing the CCI and in planning, implementing, and evaluating initiatives that contribute to the sustainable development of the CCI. It aims to assist international DC organisations to collaborate effectively with creative communities worldwide and implement projects successfully.