1. Impact Evaluation 4 Peace 24-27 March 2014, Lisbon, Portugal 1 What We Do (and Don't) Know about Human Capital Development Presented by: Vincent Pons Additional team members: Ben Feigenberg, Anil Jain Latin America and the Caribbean’s Citizen Security Team

2. What We Do (and Don't) Know about Human Capital Development Presented by: Vincent Pons Additional team members: Ben Feigenberg, Anil Jain

3. MDGs : what’s missing?

4. Human capital = education

5. MDGs : what’s missing? Human capital = education

6. MDGs : what’s missing? Human capital = education + jobs training

7. MDGs : what’s missing? Human capital = education + jobs training ?

8. That’s unfair! x

10. Jobs training deserves more

11. Why is jobs training important? Keynes: “In the long run…”. Long run = Education Short run = Jobs Training

12. Why is jobs training important? 40% of firms in Sub-Saharan Africa report concerns about inadequate worker skills and education

13. Why is jobs training important? “Informal, poorly paid and unemployed: The reality of work for most youth in developing countries.” – ILO May 2013

14. Why is jobs training important? “Two thirds of working age youth in some developing countries are either unemployed or trapped in low-quality jobs” – ILO Global Employment Trends for Youth 2013

15. The role of jobs training Last resort provider of human capital development in low-education settings

16. The role of jobs training Improve access to formal labor market

17. The role of jobs training Reduce employment vulnerability and increase adaptability

18. The role of jobs training Increase labor productivity and wages by matching worker skills to firm needs

19. Who should provide jobs training? Low private sector provision… … so room for

20. Example : Brazil’s SENAI

22. What do we need to learn? Who benefits most from training? Who can provide training most effectively (government, NGOs, private businesses)? What are the skills (technical, cognitive, behavioral) that training programs should focus on? What is the optimal duration/intensity of training?