Better Jobs in Central America : The Role of Human Capital

The biggest challenge in terms of jobs in Central America is to create better conditions to stimulate more productive job creation in the context of a rapidly growing labor force. Overcoming this challenge will contribute to reducing poverty, inequality and social exclusion which are so entrenched in the Central American countries. To achieve this goal, Central America needs to address a two-pronged policy. First, the region must implement policies that help farmers and workers to move up the value chain, which means in some cases diversify the production structure by increasing the share of industry and services, and in other cases, it should improve the technological content and knowledge of existing activities to make them more productive (for example, agriculture). The paper is organized as follows: Section II describes the origin of the recent growth of the region and its impact on the labor market. Section III discusses the challenges of human capital faced by the region, and Sections IV and V provide governments with policy options for consideration.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2012-05
Subjects:	ABSENTEEISM, ACCESS TO EDUCATION, ACCESS TO TERTIARY EDUCATION, ACCREDITATION, ACTIVE LABOR, ACTIVE LABOR MARKET, ACTIVE LABOR MARKET POLICIES, ACTIVE LABOR MARKET PROGRAM, ACTIVE LABOR MARKET PROGRAMS, ADOLESCENTS, AGE GROUP, AGGREGATE PRODUCTIVITY, APPLIED RESEARCH, AVERAGE UNEMPLOYMENT, AVERAGE WAGES, BACKGROUND PAPERS, BASIC EDUCATION, BRAIN DRAIN, CARPENTERS, CHRONIC POVERTY, CITIZEN, CIVIL CONFLICT, CLASSROOM TRAINING, CLERKS, CURRICULUM, DECLINE IN BIRTH RATES, DEVELOPING COUNTRIES, DISMISSAL, DRIVERS, DROPOUT, DROPOUT RATES, DRUG TRAFFICKING, DRUGS, ECONOMIC GROWTH, ECONOMIC POLICIES, EDUCATED PEOPLE, EDUCATION OF CHILDREN, EDUCATION STUDENTS, EDUCATION SYSTEMS, EDUCATIONAL ATTAINMENT, EDUCATIONAL QUALITY, EDUCATIONAL SYSTEM, EMPLOYABILITY, EMPLOYMENT, EMPLOYMENT GROWTH, EMPLOYMENT OPPORTUNITIES, EMPLOYMENT SECURITY, ENROLLMENT RATES, FOREIGN DIRECT INVESTMENT, FORMAL EMPLOYMENT SECTOR, FORMAL SECTOR WORKERS, GROSS NATIONAL INCOME, HEALTH INSURANCE, HIGHER EDUCATION, HOUSEHOLD SURVEY, HOUSEHOLD SURVEYS, HUMAN CAPITAL, HUMAN DEVELOPMENT, IMMIGRANT, IMMIGRANTS, IMPACT OF MIGRATION, INCOME INEQUALITY, INFORMAL SECTOR, INFORMATION SERVICES, INFORMATION TECHNOLOGY, INFORMATION TECHNOLOGY INFRASTRUCTURE, INTERNATIONAL MIGRATION, INTERPERSONAL SKILLS, INVESTMENT IN EDUCATION, INVESTMENTS IN EDUCATION, JOB COUNSELING, JOB CREATION, JOB OPPORTUNITIES, JOB PLACEMENT, JOB SEARCH, JOB SEARCH ASSISTANCE, JOB SEARCH ASSISTANCE PROGRAMS, JOBS, KNOWLEDGE BASE, LABOR DEMAND, LABOR FORCE, LABOR MARKET, LABOR MARKET CONDITIONS, LABOR MARKET DEMAND, LABOR MARKET NEED, LABOR MARKET NEEDS, LABOR MARKET PROGRAM, LABOR MARKET SITUATION, LABOR MARKETS, LABOR PRODUCTIVITY, LABOR REGULATIONS, LABOR SHORTAGES, LABORERS, LABOUR, LEARNING, LEARNING ASSESSMENTS, LEARNING ENVIRONMENT, LEARNING OUTCOMES, LEVEL OF DEVELOPMENT, LEVEL OF EDUCATION, LEVELS OF EDUCATION, LOW EMPLOYMENT, LOW UNEMPLOYMENT, LOW UNEMPLOYMENT RATES, MEDICAL PROFESSIONALS, MIGRANT, MIGRANT-SENDING COUNTRIES, MIGRATION FLOWS, MINIMUM WAGE, MINIMUM WAGES, MINORITY, NATURAL DISASTERS, NATURAL RESOURCES, NUMBER OF WORKERS, NUTRITION, OCCUPATIONS, ON-THE-JOB TRAINING, OPEN ACCESS, PAYING JOBS, POLICY RESEARCH, POLICY RESEARCH WORKING PAPER, POLITICAL TURMOIL, POOR FAMILIES, POPULATION PROJECTIONS, POSTGRADUATE LEVEL, PRIMARY EDUCATION, PRIMARY SCHOOL, PRIVATE SECTOR, PRIVATE SECTORS, PRIVATE UNIVERSITIES, PRODUCTION FACILITY, PRODUCTION PROCESS, PRODUCTIVE EMPLOYMENT, PROFESSIONAL DEVELOPMENT, PROGRAM DESIGN, PROTECTING WORKERS, PUBLIC EDUCATION, PUBLIC POLICY, PUBLIC SERVICES, PUBLIC UNIVERSITIES, QUALITY ASSURANCE, QUALITY EDUCATION, QUALITY OF EDUCATION, QUALITY OF TEACHING, RATE OF GROWTH, REAL WAGES, REGIONAL POPULATION, REMITTANCES, RESEARCHERS, RURAL AREAS, SAFETY NET, SAFETY NETS, SANITATION, SCHOOL ATTENDANCE, SCHOOL STUDENTS, SCHOOL YOUTH, SCIENTIFIC SKILLS, SCIENTISTS, SECONDARY EDUCATION, SECONDARY SCHOOL, SECONDARY SCHOOLS, SERVICE PROVISION, SERVICE SECTORS, SEVERANCE PAYMENT, SKILL DEVELOPMENT, SKILL LEVEL, SKILL SHORTAGES, SKILL STRUCTURE, SKILLED LABOR, SKILLED PEOPLE, SKILLED WORKFORCE, SMALL COUNTRIES, SOCIAL COHESION, SOCIAL EXPENDITURES, SOCIAL POLICIES, SOCIAL PROTECTION MECHANISMS, SOCIAL SECURITY, SUSTAINABLE DEVELOPMENT, TEACHER, TEACHERS, TECHNICAL SKILLS, TERTIARY EDUCATION, TERTIARY EDUCATION SYSTEMS, TERTIARY GRADUATES, TERTIARY INSTITUTIONS, TERTIARY LEVEL, TRAINING INSTITUTIONS, TRAINING SYSTEM, TRANSPORTATION, UNDERGRADUATE LEVEL, UNEMPLOYED, UNEMPLOYMENT, UNEMPLOYMENT INSURANCE, UNEMPLOYMENT INSURANCE PROGRAM, UNIVERSAL BASIC EDUCATION, UNSKILLED LABOR, UNSKILLED WORKERS, URBAN AREAS, VOCATIONAL TRAINING, VULNERABILITY, WAGE INCREASE, YOUNG CHILDREN, YOUNG PEOPLE, YOUTH EMPLOYMENT, YOUTH TRAINING, YOUTH TRAINING PROGRAMS, YOUTH UNEMPLOYMENT,
Online Access:	http://documents.worldbank.org/curated/en/2012/05/16785940/better-jobs-central-america-role-human-capital https://hdl.handle.net/10986/11924
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