Demand-Driven Training for youth employment programs build job-relevant skills valued by employers and useful for self-employment by offering both pre-employment skills development and some form of on-the- job training.
Despite the prevalence of female entrepreneurs in developing countries, recent research suggests that women do not benefit from loans and grants in the same way that men do, leading to questions about the value of offering financial services to female entrepreneurs. Researchers re-examined data from previous studies in Ghana, India, and Sri Lanka to measure the impact of credit and cash grant variations on micro-enterprise profits in households where women were the only entrepreneurs and in households where other members also had a business.
Youth in Central America face overwhelming challenges. In addition to poorly funded schools, inadequate access to secondary and tertiary education, and limited opportunities for employment, youth in El Salvador also confront epidemic levels of violence and a gang problem that challenge their day to day decision making process.
What happens when youth age out of the financial products they have taken up? Without successful migration strategies, the oft-discussed social and business case for youth propositions cannot be realized.
This global review is part of the thought leadership component of the Credit Suisse Financial Education for Girls (CSFEG) program. The purpose of this work is to provide recommendations regarding the design, implementation and research on programs for adolescent girls aged 10 to 18 that aim to contribute to their economic empowerment by containing a financial education component. Presented here are the findings from research into selected, highlighting key financial education program models.
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.
This paper provides a comprehensive and objective overview of the current landscape of economic citizenship education for children and youth. Economic citizenship education is a holistic approach to financial education, complementing it with a focus on life skills and livelihoods. The paper includes the most important theoretical insights, principles, and frameworks. In addition, it provides an overview of the key players and current initiatives focusing on economic citizenship education for children and youth.
Child & Youth Finance International (CYFI) started on its mission to empower all children and youth worldwide by supporting them in realizing their potential as full economic citizens in 2011. CYFI developed its model of economic citizenship together with leading academics, multilaterals, and experts in the field. Economic citizenship empowers children and youth and builds their capabilities to be successful in life through three building blocks: financial education, social and livelihoods education, and financial inclusion.
Today, a large part of your life occurs online. When you share photos on Instagram or via SnapChat, transfer money to your friends through mobile apps or shop online for a new pair of sneakers or jeans; it all happens digitally. With the world rapidly moving towards digitalization, new exciting opportunities are continually being created and become available to us all. Nevertheless, it is important that you know more about these new opportunities and are aware of the challenges they may bring.
The United Nation’s Development Agenda 2030 has put forward an ambitious set of Sustainable Development Goals (SDGs) to guide global development over the coming 15 years. The objective of this network brief is to demonstrate how the implementation of an economic citizenship strategy for children and youth can contribute to the achievement of many of the SDGs and corresponding sub-targets. In particular, financial inclusion and Economic Citizenship Education (ECE) for children and youth have a significant link to SDG #1, 3, 4, 5, 8, 10, 11 and 16.
This guide has been developed for leading national and international financial institutions that are, or are considering, developing financial payment products for minors. It is intended to help decision makers and product owners understand some of the responsibilities and risks associated with this market.