Mongolia : Building the Skills for the New Economy

This report examines the challenges in the labor market in Mongolia as the economy has undergone a transformation into a market economy. It identifies three major interrelated challenges-joblessness, informality and skills mismatch. The inability t...

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Bibliographic Details
Main Author:	World Bank
Format:	Institutional and Governance Review (IGR)
Language:	English
Published:	Washington, DC 2012
Subjects:	ACCESS TO EDUCATION ACCREDITATION SYSTEM ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS ADOLESCENTS ADULT EDUCATION ADULT WORKERS ADULTS BASIC EDUCATION BASIC SKILLS CHILD WORKERS CIVIC EDUCATION CREATING JOBS CREATIVE THINKING CURRICULUM CURRICULUM DESIGN DISEASES DRINKING WATER EARLY RETIREMENT ECONOMIC GROWTH EDUCATED WORKERS EDUCATION EDUCATION FOR ALL EDUCATION OPPORTUNITIES EDUCATION POLICY EDUCATION SYSTEM EDUCATIONAL CURRICULA EDUCATIONAL INSTITUTIONS EMPLOYEE EMPLOYMENT EMPLOYMENT GROWTH EMPLOYMENT INFORMATION EMPLOYMENT OPPORTUNITIES EMPLOYMENT RATES EMPLOYMENT SERVICES EMPLOYMENT STATUS ENROLLMENT FAMILY LABOR FIRM GROWTH FOREIGN DIRECT INVESTMENT FORMAL EDUCATION FORMAL EDUCATION SECTOR FORMAL LABOR MARKET FORMAL SCHOOLS FUTURE GROWTH GROSS DOMESTIC PRODUCT HIGHER EDUCATION HOUSEHOLD INCOME HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT HUMAN RESOURCES INFORMAL SECTOR INSTRUCTION INTERNATIONAL CONVENTIONS INTERNATIONAL COOPERATION INTERNATIONAL LABOR ORGANIZATION JOB CREATION JOB TRAINING JOBS LABOR FORCE LABOR LAW LABOR MARKET LABOR MARKET INSTITUTIONS LABOR MARKET SEGMENTATION LABOR ORGANIZATION LABOUR LABOUR OFFICE LACK OF INFORMATION LEADERSHIP LEARNING LEARNING ACHIEVEMENT LEARNING OPPORTUNITIES LESSON PLANS LEVEL OF EDUCATION LEVELS OF EDUCATION LIFE SKILLS LITERACY LIVING CONDITIONS LIVING STANDARDS LOCAL AUTHORITIES LOCAL EMPLOYERS LOW LEVELS OF EDUCATION MARKET ECONOMY MASSIVE LAYOFFS MATHEMATICS MEDICAL SERVICES MIGRANTS MILLENNIUM CHALLENGE MINIMUM WAGE MINISTRY OF EDUCATION NATIONAL ASSESSMENT NATIONAL LEVEL NUMERACY OCCUPATION OLD MEN OUT-OF-SCHOOL YOUTHS PACIFIC REGION PAYING JOBS PENSIONS POLICY FRAMEWORK POLICY RESPONSE PREVIOUS WORK PRIMARY EDUCATION PRIVATE INSTITUTIONS PRIVATE PARTNERSHIPS PRIVATE PROVIDERS PRIVATE SECTOR PRIVATE SECTOR WAGES PROBLEM SOLVING PRODUCTIVE EMPLOYMENT PROVISION OF EDUCATION PROVISION OF TECHNICAL QUALITY ASSURANCE QUALITY CONTROL REMEDIAL EDUCATION RETIREMENT RURAL AREAS SAFETY NET SALARIED WORKER SALARIED WORKERS SCHOOL CURRICULA SCHOOL GRADUATES SCHOOL YOUTH SCHOOLING SCHOOLS SCIENCE STUDY SECONDARY EDUCATION SECONDARY SCHOOL SELF EMPLOYED SELF EMPLOYMENT SKILLED LABOR SKILLED WORKERS SKILLS TRAINING SMALL BUSINESSES SOCIAL IMPACT SOCIAL SECURITY SOCIAL WELFARE STANDARDS STUDENT ASSESSMENTS TEACHER TEACHERS TEACHING TECHNICAL EDUCATION TECHNICAL SKILLS TEMPORARY WORKERS TERTIARY EDUCATION TOTAL EMPLOYMENT TRAINING CENTERS TRAINING VOUCHER UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT INSURANCE UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNIVERSITIES UNMET DEMAND UNSKILLED WORKERS URBAN AREAS VOCATIONAL EDUCATION VOCATIONAL SCHOOLS VOCATIONAL SKILLS VOCATIONAL TRAINING WAGE EMPLOYMENT WAGE GROWTH WAGE INCREASE WORKER WORKING CHILDREN WORKING POPULATION YOUNG PEOPLE YOUTH YOUTH EMPLOYMENT
Online Access:	http://documents.worldbank.org/curated/en/2007/06/7863020/mongolia-building-skills-new-economy http://hdl.handle.net/10986/7746

Description
Summary:	This report examines the challenges in the labor market in Mongolia as the economy has undergone a transformation into a market economy. It identifies three major interrelated challenges-joblessness, informality and skills mismatch. The inability to find productive employment has important poverty implications, as labor is the main asset of the poor. But along with the skills mismatch, they also affect efficiency, and thus economic growth, by preventing the economy from using the available human capital to its fullest potential.

Mongolia : Building the Skills for the New Economy

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