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Supporting Jobs and Economic Transformation: a synthesis note on the World Bank Group

Research report

Written by Dirk Willem te Velde, Alberto Lemma, Linda Calabrese, Sherillyn Raga

Research report

This report examines donor support (such as by the World Bank Group (WBG)) to measure and collaborate effectively for jobs and economic transformation. The central conclusion is that the WBG should focus more strongly on the structural change component of economic transformation and consider the role of targeted actions around sectors within this. It should also collaborate more effectively within its own ranks to coordinate a range of measures around targeted areas. Helping countries transform their economies and create jobs by combining a range of measures has become only more important in dealing with and recovering from Covid-19.