United Nations
Information Centre | Nepal
JOB CREATION CRITICAL FOR DURABLE ECONOMIC PROGRESS IN NEPAL
PDF File Size: 90 KB | Download   
The number of young people of working age in Nepal is currently increasing by 550,000 a year,and by 2020 it will climb to 633,000 a year, a new UNCTAD publication reports. The organization recommends that the new government should rethink its growth strategy to ensure that growth creates employment opportunities for the young people–who are currently largely under-employed, or trapped in vulnerable,low-paid jobs–to improve the growth prospects of the
economy. The Least Developed Countries Report 20131, subtitled Growth with Employment for Inclusive and Sustainable Development, urges that there should be greater policy emphasis on employment generation as a central development objective. It cautions that otherwise, international migration or social and political instability may rise.The report says that the so-called Least Developed Countries(LDCs),including Nepal, face a stark demographic challenge, as their collective population – about 60 per cent of which is currently under 25 years old –is projected to double to 1.7 billion by 2050. During the rest of the current decade,such poor countries would have to create around 95 million jobs to absorb new entrants to the labour market, and another 160 million in the 2020s. By 2050, one in four young people worldwide will live in an LDC. The report calls for a break with “business as usual” policies, and a shift toward policies aimed at spurring inclusive growth and the creation of more and better-quality jobs.The report cautions that while LDCs enjoyed relatively high gross domestic product(GDP) growth rates from 2002 to 2008, this economic progress did not translate into correspondingly increasing levels of employment. Indeed, countries with faster GDP growth created relatively fewer jobs. However, economic growth which does not create decent jobs in sufficient quantity is unsustainable; and job creation without the development of productive capacities is equally unsustainable, the report contends.
Publisher:
UNCTAD ,   (2014 )
Type / Script:
Press Release in English
Keywords:
YOUTH, JOB CREATION, EMPLOYMENT, ECONOMIC POLICY, DEVELOPED MARKET ECONOMIES, ECONOMIC CONVERSION, GDP, SOCIAL SECURITY, URBANIZING, LABOUR MARKET, POPULATION, AGRICULTURE SECTOR, VULNERABLE CIRCUMSTANCES, DEMOGRAPHIC CHALLENGES, POVERTY REDUCTION, SAFE EMPLOYMENT, LEAST DEVELOPED COUNTRIES, SOCIAL INSTABILITY, POLITICAL INSTABILITY, CENTRAL DEVELOPMENT, INCLUSIVE DEVELOPMENT, GROWTH PROSPECTUS, ECONOMIC PROGRESS, SUSTAINABLE, LOW PAID JOBS, DURABLE
Thematic Group:
 UN : International Peace and Security
Thesaurus:
02.02.00  -  Economic Conditions
Reference Link:
** This document has been:
725  times viewed
9  times downloaded.
Feeder: DEEPIKA DHAKAL , Editor: YASHO RAI , Auditor:

View Document History
Related Topics
National Labour and Employment Conference 2069 : " Promoting conducive labour relations for decent work and job rich economic growth 9-11 July 2012
THE KINGDOM OF NEPAL - Training for Rural Gainful Activities
Labour Markets, Institutions And Inequality: Building Just Societies In The 21st Century
NATIONAL SERVICES POLICY REVIEW
Nepal Labour Market Update
The ILO in Nepal
Green Job in Asia Project Nepal
Jobs and Skills for Youth : Review of Policies for Youth Employment of Nepal
Decent Work Country Programme for Nepal
Global Employment Trends For Youth 2015: Scaling Up Investments In Decent Jobs For Youth
Education, Training And Skills: Women Migrant Workers In ASEAN
World of Work Report 2014 Developing with Jobs
Report and Recommendation of the President of IFAD to the Executive Board on a Proposed Financial Assistance to the Kingdom of Nepal for the Leasehold Forestry and Livestock Programme
Evaluation Unit (EVAL): Employment Creation and Peace Building based on Local Economic Development
Young Entrepreneurs: A solution to Nepal’s unemployment? - Issue No. 24
Support to Financial inclusion in Nepal - 2014 - 2018- Through the "Access to finance" (A2F)
Employment- Led Growth in Nepal
Report on the Nepal Labour Force Survey - 1998/99
Benefits of Nepal’s Child Grant for Current and Future Generations(November 2016)
Green Jobs in Nepal
The Role of Training Programs for Youth Employment in Nepal: Impact Evaluation Report on the Employment Fund
Why Macroeconomic Policy Matters for Gender Equality
Employment Sector Employment Working Paper No.10 - School-to-work transition: Evidence from Nepal
Annual Report 2011-2012
Nepal Labour Market Update ILO Country Office January 2017
Terms Of Reference (ToR) Call For EOI: Develop Job Portal And Labour Market Database System
Labour Migration for Employment - A Status Report for Nepal: 2014/2015
Micro Enterprises Development for Poverty Alleviation -Volume 1
Micro Enterprises Development for Poverty Alleviation -Volume 1
Livestock-Based Micro-Enterprise and Its Effectiveness on Poverty Reduction
Market Study of Allo and Hemp
Micro Enterprises Development for Poverty Alleviation -Volume 1
A Market Study of Ginger in Deurali VDC, Nawalparasi - Micro Enterprise Development Programme
Impact Assessment of Micro-Enterprise Development Program
Micro Enterprises Development Programme (MEDEP)
Micro-Enterprise Development Programme
Micro Enterprises Development for Poverty Alleviation -Volume 2
Micro Enterprises Development for Poverty Alleviation -Volume 2
Micro Enterprises Development for Poverty Alleviation -Volume 2
Micro Enterprises Development for Poverty Alleviation -Volume 2
Micro Enterprises Development for Poverty Alleviation -Volume 2 (Prospects of Increasing the Usage of Allo Yarn in Carpet Factories in Kathmandu)
The Informal Economy & Workers In Nepal ( June 2004)
Executive Summary - From conflict to cooperation: Labour market reforms that can work in Nepal
NEPAL - EMPLOYMENT AND ENVIRONMENTAL SUSTAINABILITY FACT SHEETS 2017
35th Anniversary ILO-Nepal Partnership
Appraisal of the Karnali Employment Programme as a Regional Social Protection Scheme
Labour Market Information and Employment Services (LIfE) Project
Economic Growth and Social Reproduction: Gender Inequality as Cause and Consequence
Employment Creation and Peace Building based on Local Economic Development ( EmPLED , Nepal )
Labour market trends analysis and labour migration from South Asia to Gulf Cooperation Council countries, India and Malaysia
Way Out Of Informality:Facilitating Formalization Of Informal Economy In Nepal (WOI)
Nepal Decent Work Country Programme 2018-2022
Nepal and FAO : Building Food and Nutrition Security through Sustainable Agricultural Development
Press Release - Local Economic Development Programme for Dhanusha and Ramechhap districts (Full Version)
THE KINGDOM OF NEPAL -- Rural Training for Employment and Income Generation: Applying the Truga _Methodology - Project findings and recommendations
UN Interagency Rehabilitation Program
Nepal: Addressing the Employment Challenge through the Sectoral Pattern of Growth
UNICEF Nepal Working Paper Series - Cost of Infaction Child and Adolescent Marriage in Nepal
SDGs in Nepal Goal 8: Info-graphics
Labour Market Information and Employment services (LIFE) Project
UN Newsletter - Vol. 1 (July 2008)
Nepali Industries: opportunity for prosperity or source of conflict? - Issue No. 19
Combining Value Chain Development And Local Economic Development- ILO Value Chain Development Briefing Paper
The ILO In Nepal
Labour Migration for Employment: A Status Report for Nepal: 2014/2015
Proposed Loan and Grant to the Government of Nepal for the High-Value Agriculture Project in Hill and Mountain Areas
UNICEF Nepal Working Paper Series, WP/2014/001 - Cost Of Infaction - Child And Adolescent Marriage In Nepal
Urban Partnership Programme Annual Report 2001
Economic Empowerment Of Women
WFP Nepal Country Brief
WFP Nepal Country Brief
Analysis of Labour Market and Migration Trends in Nepal
The ILO in Nepal
Social Protection for People in the Informal Economy of Nepal
Regional Tripartite Workshop on Social Dimensions of Economic Reforms in Asia
Micro Economic Development Programe- MEDEP 3
Micro Economic Development Programme
Micro Enterprise Development Program (Phase III)
Trends In Sustainable Development: Agriculture, Rural Development, Land, Desertification And Drought: (2008-2009)
Nepal Agricultural Policy and Strategies for Poverty Alleviation and Food Security
Social Security/ Social Protection In Nepal: Situation Analysis
BRICS aid to education from the recipient's point of view: the case of Nepal
Labour Market Transitions of Young Women and Men in Nepal ( May 2014)
Economic and Social Council COMMITTEE ON ECONOMIC, SOCIAL AND CULTURAL RIGHTS
Value Chain Designing of Orchids of Panchase Protected Forest Area
Micro Enterprises Development for Poverty Alleviation -Volume 2 (Nuwakot and Nawalparasi)
Economic analysis of animal Diseases
The Role of Training Programs for Youth Employment in Nepal
Universal Social Protection Universal Old-Age and Disability Pensions, and Other Universal Allowance in Nepal
UNDP Support to the Implementation of Sustainable Development Goal 14: Ocean Governance
The Impact of Agriculture-Related WTO Agreements on The Domestic Legal Framework inThe Kingdom of Nepal
Post-2015 And SDGs: Nourishing People, Nurturing The Planet (May 2015)
Accelerating Progress Towards the Economic Empowerment of Rural Women
Cooperative Market Development Program
Cooperative Market Development Program
Newsletter Bi-annual, Issue 1- Nepal Decent Work:(May 2014)
ILO Asia-Pacific Working Paper Series: Case studies of policy coherence initiatives in developing Asia (August 2012)
स्थलगत बुलेटिन युवा उधमिहरु; नेपालमा बेरोजगारी समस्याको समाधान ?
ECONOMIC AND SOCIAL SURVEY OF ASIA AND THE PACIFIC 2017 - Governance and Fiscal Management
Population Monograph of Nepal-Volume II
100 result(s) found.