More than just a source of income, jobs provide dignity and purpose. They unlock potential in the places where people already live, empower women, engage young people, strengthen communities, create business opportunities, and reduce the need for international aid and social assistance. Giving people the means to support themselves and their families can help lift entire communities out of poverty and foster economic stability.
At the World Bank Group, creating jobs has long been central to our mission; and going forward, we will prioritize job creation as an explicit aim of everything we do. We’re taking a three-pillar approach to the jobs challenge across the institution:
Build foundational infrastructure: First, the World Bank Group, particularly IBRD and IDA, establishes the preconditions for jobs by helping countries invest in both physical infrastructure (e.g., clean air and water, transportation, and energy) and human infrastructure (e.g., health, education, skilling, and social protection systems).
Strengthen governance and the regulatory environment: Second, our insights and analytics inform our work with countries to streamline regulations, remove bureaucratic barriers, and cut unnecessary red tape to create predictable business environments.
Mobilize private capital: Third, the World Bank Group—especially IFC and MIGA, and with an increasing need and role for the World Bank—supports businesses of all sizes with financing, equity, guarantees, and political risk insurance to help crowd in investors; and ICSID provides resolution solutions for international investment disputes. With public and development funds limited, mobilizing private capital is a crucial piece of the financing puzzle to catalyze entrepreneurship, competition, and ultimately, demand for labor.
木瓜影院 Group supports countries through the entire ecosystem of job creation. Our goal is to help countries build dynamic private sectors that convert growth into local jobs — not by shifting work from developed countries, but by unlocking opportunity where people already live. That means focusing on infrastructure (including energy), agribusiness, health care, tourism, and value-added manufacturing.?Each of these sectors has the potential to create millions of jobs, including those for graduates of higher education and technical institutes.
We have worked to become a faster, more efficient, and more impactful institution—reducing bureaucracy and shortening project-approval times to make it easier for countries to get the help they need when they need it. But the jobs agenda can only succeed through collaborative efforts: Governments must address investment and policy gaps that currently restrict growth and job creation in their countries, and the private sector must commit to investments that make job creation a priority.
By energizing partners around the world, we can help build dynamic private sectors in developing economies that generate quality jobs and strong workforces.