D. Robalino

"Understanding what works to improve youth labour market outcomes is of paramount importance and a development priority for all countries and regions. Youth represent a vast potential for inclusive growth and development. If they are given the opportunity to build appropriate skills and access decent employment, they can help to accelerate progress on the 2030 Agenda for Sustainable Development and engage in meaningful work that benefits them, their families and society as a whole. Unfortunately, decent jobs are not a feasible prospect for all young women and men. Today, over 73 million young people are unemployed worldwide. Youth unemployment stands at a much higher level than the average unemployment rate for adults, in some cases over three times as high. Moreover, two out of five young people in the labour force are either working but poor or unemployed. The youth employment challenge is therefore not only about job creation, but also - and especially - about enhancing the quality of jobs for youth."

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"This paper provides a review of the profiles of the subsistence entrepreneurs and their constraints, and the landscape of current entrepreneurship programs and the evidence on impacts, and discusses the potential role of public policies for the livelihoods of subsistence entrepreneurs. Worldwide over a half of workers are self-employed, but a significant fraction of these self-employed jobs are of low productivity subsistence entrepreneurs. The focus of the entrepreneurship programs to support these self-employed in poverty is to improve their livelihoods rather than promoting cutting-edge innovation and business growth. Evidence of successful programs is limited and program designs often seem ill suited to the needs and characteristics of these subsistence entrepreneurs. Given the market failures faced by subsistence entrepreneurs, interventions that complement safety net programs with well-targeted support to promote productive self-employment may hold some promise."

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