Over the next few years, large numbers of youth and other skilled persons would need to form the new back-bone of the labour force that is needed for the 5 Hubs and Tourism, as well as in some of the other growth sectors such as health and education. Where would this new work force come from?
The One WBG approach is a necessary condition for increasing private capital mobilization, a fundamental lever to matching developing countries' needs. The WBG has to take more effective action, including pushing for reforms of the business environment and triggering a significant expansion of the private investor base and available bankable projects.