LEADER 02264cam a22003855i 4500001 99131234598006421 005 20200730151047.0 006 m d 007 cr cn||||||||| 008 020129s2020 dcu o i00 0 eng^^ 024 7 10.1596/33952 |2doi 035 (CKB)4920000001212611 035 (The World Bank)33952 035 (US-djbf)33952 035 (EXLCZ)994920000001212611 040 DJBF |beng |cDJBF |erda 110 2 World Bank Group. 245 10 Market Study to Understand Job Growth Potential in SMEs in Nepal 264 1 Washington, D.C. : |bThe World Bank, |c2020. 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 347 data file |2rda 490 1 Other Papers 520 3 This report identifies and quantifies Nepal's key jobs challenges and the implications for future job creation, job quality and gender disparities. The diagnostic examines the slow pace of structural transformation, the existing distribution of jobs by work status, productivity level and worker characteristics, and the role of migration in absorbing excess labor supply. The analysis of private sector labor demand finds that most firms are micro-sized, and the pace of wage job creation - although increasing - is insufficient to absorb job seekers, especially women. A new SME survey conducted for this study concludes that small firms struggle to compete and access credit, and they lack the capacity to obtain the skills and other inputs necessary to increase their product quality, ultimately limiting their growth capacity. Nepal's business environment and labor regulations create further impediments to dynamic, job-creating economic growth. A set of policy recommendations is offered to mitigate labor demand and supply challenges to achieve better labor outcomes in Nepal. 650 4 Business Environment 650 4 Enterprise Development and Reform 650 4 Labor Market 650 4 Labor Markets 650 4 Private Sector Development 650 4 Private Sector Economics 650 4 Small and Medium Size Enterprises 650 4 Social Protections and Labor 830 0 Other papers. 830 0 World Bank e-Library. 906 BOOK