[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111228-en":3,"doc-seo-111228-105":29,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},111228,16904993612988,"Olivia Brown","https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd",8,"Research & Report","Jobs: The Path to Prosperity - Update to Governors - Development Committee April 24, 2025","Jobs: The Path to Prosperity outlines the World Bank Group’s evolving agenda to address urgent employment challenges in developing countries. It frames job creation as central to projects, linking uneven growth, debt pressures, geopolitical fragmentation, conflicts, and climate change to poverty outcomes. The document emphasizes a three-part private sector approach: enabling better business conditions, supporting MSMEs and critical industries, and strengthening financing and local capital markets for sustained job growth.","Public Disclosure Authorized Public Disclosure Authorized  \nFor Discussion  \nDevelopment Committee: April 24, 2025  \nJobs: The Path to Prosperity  \nUpdate to Governors Development Committee April 24, 2025  \nContents  \nExecutive [Summary...........................................................................................................................................vi](Summary...........................................................................................................................................vi)  \n[I. Introduction: Turning the Page to Jobs...............................](I. Introduction: Turning the Page to Jobs...............................)........................................................................ 1  \nII. Enabling Business to Create More and Better Jobs ....................................................................................4  \nSupporting Policy and Regulatory Certainty .............................................................................................4  \nProviding solutions for MSMEs and Critical Industries ............................................................................4  \nIII. Boosting Financing for Private Sector Growth and Job Creation ................................................................8  \nLocal Capital Market Development............................................................................................................9  \nAdvancing Private Capital Mobilization ..................................................................................................10  \nIV. Organizing Ourselves for Impact ............................................................................................................... 12  \nV. Conclusion ................................................................................................................................................... 14  \nAnnex 1: Evolution Deliverables ..................................................................................................................... 15  \nAbbreviations  \nAI  \nAAAP  \nCCW  \nCPF  \nCGJR  \nCPSD  \nDFI  \nDPF  \nDRM  \nEDs  \nEMS  \nESG  \nFCS  \nFCV  \nFOF  \nFX  \nFY  \nGEMs  \nIBRD ICSID IDA  \nIFC  \nIMF  \nITS  \nLCMF  \nLICs  \nMDB  \nMICs  \nMIGA  \nMSME  \nPBA  \nPCE  \nPCMPforRs PSIL  \nPSW  \nWBG  \nArtificial Intelligence  \nAfrica Agri Accelerator Program Concessional Capital Window Country Partnership Framework Country Growth and Jobs Reports Country Private Sector Development Development Finance Institution  \nDevelopment Policy Financing Domestic Resource Mobilization Boards of Executive Directors  \nEmerging Markets Securitization Program Environmental, Social, and Corporate Governance Fragile and Conflict-affected Situations Fragility, Conflict, and Violence  \nFrontier Opportunities Fund Foreign Exchange  \nFiscal Year  \nGlobal Emerging Markets Risk Database  \nInternational Bank for Reconstruction and Development International Center for Settlement of Investment Disputes International Development Association  \nInternational Finance Corporation  \nInternational Monetary Fund Information and Technology Solutions Local Currency Mobilization Facility Low-Income Countries  \nMultilateral Development Bank Middle-Income Countries  \nMultilateral Investment Guarantee Agency Micro, Small, and Medium Enterprises Performance-Based Allocation  \nPrivate Capital Enabled  \nPrivate Capital Mobilization Programs for Results Private Sector Investment Lab  \nPrivate Sector Window World Bank Group  \nExecutive Summary  \ni. The World Bank Group is continuing to evolve to respond to the challenges ofa constantly changing world. Over the past two years, we have taken strides to become faster, simpler, and more impactful—abetter and bigger Bank capable of addressing a landscape of unparalleled complexity, and working toward a vision of a worldfree of poverty on a livable planet. This work is vital because uneven economic growth, heavy debt burdens, geopolitical fragmentation, conflic","cbCaigfCHVnAgVpA","https://ap.wps.com/l/cbCaigfCHVnAgVpA","pdf",503024,1,25,"English","en",105,"# Executive Summary\n## Introduction: Turning the Page to Jobs\n## Enabling Business to Create More and Better Jobs\n## Boosting Financing for Private Sector Growth and Job Creation\n## Organizing Ourselves for Impact\n## Conclusion\n## Annex 1: Evolution Deliverables","[{\"question\":\"Why does the document treat jobs as especially urgent?\",\"answer\":\"It highlights that 1.2 billion young people will reach working age in developing countries in the next decade, while projected job creation falls short for those not in school. 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The resulting gap could destabilize societies and derail growth and poverty reduction.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"What is the World Bank Group’s approach to job creation described in the update?",{"text":80,"@type":76},"It uses a three-part approach to private sector development and job creation, focusing on investment flowing where conditions are right, supported by infrastructure and predictable regulation, alongside targeted measures for businesses and job-relevant sectors.",{"name":82,"@type":73,"acceptedAnswer":83},"How does the update connect economic growth to employment outcomes?",{"text":84,"@type":76},"It states that growth is fundamental because countries need it to generate jobs, but growth alone is insufficient. 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