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Bridging the skills gaps in developing countries: A practical guide for private-sector companies

Contribution to the Let’s Work Partnership

Nine out of ten jobs in developing countries are provided by private-sector companies. Yet globally, 38% of private-sector employers report difficulties in filling vacant positions owing to the unavailability of adequately trained staff. The result is a serious mismatch: on the one hand, all those job vacancies; on the other, vast numbers of job-seekers who do not have the skills (private) employers are looking for. These so-called skills gaps – the difference between the skills needed for a job and those possessed by a worker – represent a major constraint on development.

This report introduces an approach for companies to conduct a cost-benefit appraisal of their measures to address skills gaps – in their own workforce, in the value chain and in the local community.

Sources

Other sources

Specify Source

Deutsche Investitions- und Entwicklungsgesellschaft; The Boston Consulting Group; The Association of European Development Finance Institutions

Regions

Global

Knowledge Products

Case studies and good practices

Sub Knowledge Products

Good practice

Issues

Anticipating future skills needs
Training quality and relevance

Subject Tags

Apprenticeships
private sector
productivity
Skills and training policy
Skills mismatch
youth
employment policy
Skills anticipation

Publication Date

01/2016
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