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Existing policies are typically rooted in regulatory frameworks that work poorly under conditions of high uncertainty.How do technological and other firm-level choices influence job creation?The concept of a "good job," like clean water, is imprecise and needs to be operationalized in a way that is both evolving and context-dependent.First, by legislation or other means, the government commits to address the problem of bad jobs, creates an inter-agency body to review and prompt improvement of regulatory responses, and provides funds and authority for voluntary programs. Second, regulators currently overseeing areas directly affecting job abundance and quality vocational training, agricultural and manufacturing extension, standard setting and the like introduce governance mechanisms that not only induce innovation, but also anticipate the need for support services to help vulnerable actors comply with increasingly demanding requirements. Finally, conditional on the success of voluntary arrangements, the scope of these practices would gradually be made obligatory for non-participating firms, starting with mandatory submission of credible plans for improving the quality and quantity of jobs.
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