Protection and Training Institutions for Improving Workforce Integration in Latin America and Asia

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The world of work is going through far-reaching transformations. These transformations have a strong impact on labour markets and pose new challenges for their institutions, including unemployment protection and technical and vocational education and training (TVET), which are crucial to the creation of full and productive employment and decent work for all. Constantly changing labour markets and the growing heterogeneity of labour relations present major challenges for the design of unemployment protection instruments. In addition, a highly skilled workforce is a key element for any development strategy that aims to base economic growth on innovation and knowledge. Moreover, national technical and vocational education and training systems must meet increasingly diverse demands from both the production sector and persons seeking decent work. By analyzing recent experiences in Latin America and Asia in relation to unemployment protection and TVET systems, as well as the challenges the countries of the two regions face as they develop these labour market institutions, this volume seeks to contribute to the debate on the formation of labour market institutions that foster sustainable development in a changing world of work.

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Unemployment protection schemes in Asia

Unemployment protection schemes are important for providing secure income for women and men of working age, most of whom are economically active and gain their livelihoods through an income-generating activity such as formal or informal employment. The purpose of unemployment protection schemes is to assist them in stabilizing their incomes and ensure that they have at least a basic level of income security in the event of loss of employment. Most employment-related, contributory social security programmes, including unemployment insurance, cover people who have been economically active in the past, but have lost their income from work either permanently or temporarily as a result of job loss.

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