More, Better, and Inclusive Jobs in Kazakhstan
The following analytical report summarizes the technical notes and presentations prepared by the World Bank and the Workforce Development Center under the Ministry of Labor and Social Protection of Population of Kazakhstan (MLSPP). These works aimed to support the MLSPP in the preparation of the Concept Plan of Labor Market Development for 2024-2029. The teams analyzed existing barriers and the potential for the creation of quality jobs in Kazakhstan because employment is essential for economic growth, which contributes to reducing poverty. Despite slower economic growth and some institutional challenges, Kazakhstan, nevertheless, has been successful at reducing the poverty rate. The major factor contributing to Kazakhstan’s growth has been productivity, regardless of the period. A much lower contribution stems from labor market factors and employment rates. Therefore, the teams focused on how to boost firm productivity to increase the number and accessibility of better jobs, as well as how to develop skills and provide good education to the different groups of the population and prepare people for new and old jobs. Based on the material delivered by the World Bank, the WDC and other local expert groups, the MLSPP was able to draft the Concept Plan of Labor Market Development for 2024-2029, which the Government of Kazakhstan approved on November 28, 2023.
Main Authors: | , |
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Format: | Report biblioteca |
Language: | English en_US |
Published: |
Washington, DC: World Bank
2024-03-15
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Subjects: | SOCIAL PROTECTION DELIVERY SYSTEMS, HUMAN DEVELOPMENT AND GENDER, DATA DEVELOPMENT AND GENDER, LABOR MARKET POLICY AND PROGRAMS, |
Online Access: | http://documents.worldbank.org/curated/en/099030724012521561/P17983812e207b06a188db1b5af589b895f https://hdl.handle.net/10986/41222 |
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Summary: | The following analytical report
summarizes the technical notes and presentations prepared by
the World Bank and the Workforce Development Center under
the Ministry of Labor and Social Protection of Population of
Kazakhstan (MLSPP). These works aimed to support the MLSPP
in the preparation of the Concept Plan of Labor Market
Development for 2024-2029. The teams analyzed existing
barriers and the potential for the creation of quality jobs
in Kazakhstan because employment is essential for economic
growth, which contributes to reducing poverty. Despite
slower economic growth and some institutional challenges,
Kazakhstan, nevertheless, has been successful at reducing
the poverty rate. The major factor contributing to
Kazakhstan’s growth has been productivity, regardless of the
period. A much lower contribution stems from labor market
factors and employment rates. Therefore, the teams focused
on how to boost firm productivity to increase the number and
accessibility of better jobs, as well as how to develop
skills and provide good education to the different groups of
the population and prepare people for new and old jobs.
Based on the material delivered by the World Bank, the WDC
and other local expert groups, the MLSPP was able to draft
the Concept Plan of Labor Market Development for 2024-2029,
which the Government of Kazakhstan approved on November 28, 2023. |
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