Workforce development has been one of the main focuses of results-based financing mechanisms for two main reasons. Firstly, it is easily measurable with clear, concrete, and accessible metrics. Secondly, it is a critical issue in all countries around the globe. In this dialogue, we will double-click on the challenges for implementing these kinds of instruments to address unemployment and skilling issues in emerging markets. We will deep-dive into two success stories from Latin America: Argentina and Colombia.
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