A market systems approach to skills development

July 202214 pages Analysis Bangladesh Kenya Serbia Global Decent work & employment Read the report
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Drawing on three case studies, this paper explores how a market systems development approach to skills development can lead to employment outcomes and foster sustainable impact through systemic change that is owned, maintained, and further evolved by local stakeholders.

A market systems approach to skills development has the potential to lead to more sustainable employment outcomes at scale, by taking a holistic approach to addressing both supply and demand-side factors, as well as tackling the cost of skills development programmes and strengthening the link between market needs and the important role of regulation and standards.