The Impact of Youth Skills Training on the Financial Behavior, Employability and Educational Choice in Morocco
In the context of global concerns about the economic exclusion of youth, efforts to facilitate youth access to decent jobs and financial services have become a development priority. This is particularly the case in the Middle East and North Africa (MENA) region, where continued growth of the youth population has exacerbated pressures on education systems and labor markets. This has contributed to poor labor market outcomes for young people, increasingly characterized by high unemployment, underemployment and informality. In MENA, nearly 85 per cent of youth are also unbanked; this inadequate access to financial services hampers their ability to prepare for their economic futures.
- Financial education: Practical tools to manage personal finances, including how to use personal budgeting and the importance and relevance of savings and debt management;
- Life skills: Improving personal competencies and conflict management; these units relied heavily on role play and group work; and
- Business and entrepreneurial skills: How to assess one’s business development abilities, market products and write a business plan.
- Do training participants demonstrate greater financial knowledge and heightened awareness of banking institutions and their services?
- To what extent has training changed beneficiaries’ perception of their own capacities in a broad array of life skills, such as confidence, teamwork and problem solving?
- Has the intervention influenced educational choices?
- Has it placed participants in a better position to enter the labor force?
- Has it increased their chances of securing employment or starting new businesses as youth entrepreneurs?
- Do impacts differ between women and men, younger and older participants and individuals from more and less affluent households? If yes, how?
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