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dc.titleToward More Effective Employment Policies: Opportunities of Results-Based Financing
dc.contributor.authorCasas, Laura
dc.contributor.authorGómez, Maria Fernanda
dc.contributor.authorGonzález-Velosa, Carolina
dc.contributor.authorQuiroz, Laura
dc.contributor.authorRosas-Shady, David
dc.contributor.orgunitSocial Protection and Labor Markets Division
dc.coverageLatin America
dc.coverageThe Caribbean
dc.date.available2025-07-22T17:07:00
dc.date.issue2025-07-22T00:07:00
dc.description.abstractIn Latin America and the Caribbean, there is a growing investment in programs that connect job seekers with employment opportunities through services such as training and job intermediation. These programs can, in some cases, substantially improve beneficiaries career paths, but in others, they deliver results below expectations. However, there is a promising alternative that could enhance their effectiveness: Results-Based Financing. Unlike the traditional model, in which governments pay employment service providers based on the number of people served, this approach compensates providers according to the number of individuals placed or retained in the labor market. Implementing these models involves addressing technical aspects such as the design of indicators and monitoring systems as well as financial and budgetary considerations. This document serves as a practical guide for those who wish to embark on this path. It offers guidance throughout the entire project life cycle and includes tools to facilitate scalability. It is based on practical implementation experiences, document analysis, and interviews with stakeholders across the global ecosystem. It also draws on the accumulated knowledge of the IDB Group.
dc.format.extent89
dc.identifier.doihttp://dx.doi.org/10.18235/0013494
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Toward-More-Effective-Employment-Policies-Opportunities-of-Results-Based-Financing.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Hacia-politicas-de-empleo-mas-efectivas-oportunidades-de-la-financiacion-basada-en-resultados.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectLabor
dc.subjectResults-Based Financing
dc.subjectService Provider
dc.subjectFormal Labor
dc.subjectLabor Policy
dc.subjectLabor Market
dc.subjectYouth Employment
dc.subjectFinance
dc.subjectDevelopment Effectiveness
dc.subjectEmployment Agency
dc.subjectSocial Bond
dc.subjectFinancial Bond
dc.subject.jelcodeH57 - Procurement
dc.subject.jelcodeI38 - Government Policy • Provision and Effects of Welfare Programs
dc.subject.jelcodeJ08 - Labor Economics Policies
dc.subject.jelcodeJ24 - Human Capital • Skills • Occupational Choice • Labor Productivity
dc.subject.jelcodeJ48 - Public Policy
dc.typeLearning Materials
idb.identifier.pubnumberIDB-LM-00737
idb.operationRG-T3858
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