The World Development Report 2013-Jobs Released by World Bank

The World Development Report 2013: Jobs released by the World Bank stressed upon the role of strong private sector in creation of jobs, outlining the facts that how can the jobs encourage development and incite an honest cycle. The report in its finding also indicated that when people work, there is an intense fall in poverty as people work out from their hardship and empowerment of women through jobs ensures better investments in children. The non-productive mass turns up to be productive and increase in jobs helps in making of flourished societies proving better alternatives of conflict by fostering diversities.

Part-time work has seen a rise in India

The World Development Report also emphasised on the fact that the medium-size businesses whereas the share of part-time work has seen a rise in India. The report also stated that the share of informal workers in organised sectors and firms have also witnessed a steep rise from 32 percent in 2000 to 68 percent by 2010.

Skilled Labour Shortage in India

The report targeted firm dynamics associated lacks accounted for the growth of such trends. The World Bank surveyed 54000 firms across 102 developing nations and went to a conclusion that large firms with over a hundred workers were innovative and engaged mainly in export and had higher productivity combined with good wages, whereas the small firms with an employee base of about 20 people were less innovative.

The report also cleared that majority of the firm across the world starts up as a small unit but in case of India these firms remains to be small by doubling the profits after being productive for a period of about 35 years and slashing down the headcount by one-fourth. The report also forecasted for India the missing middle of the medium sized firms.

Emphasis on Strong Urbanization Policy

In context of India the published report also emphasised on strong urbanization policy in India to create better jobs and betterment of the labour policies, which were too stringent in India. To arrive at findings the authors of the report also surveyed over 800 households and processed censuses to arrive at their findings.

The published report was created by a team led by Martin Rama along with Kathleene Neegle and Jesko Hentschel with five more members in the core team and eight members in the Research team.