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.
Simon Bailey of Aflatoun presented a global systematic review and meta-analysis of financial education for children in youth under the Financial Inclusion session: The Evidence is In- The Real Impact of Promoting Financial Capability at the 2014 Global Youth Economic Opportunities Summit. The presentation drew on knowledge of 21 randomized control trials of financial education for youth people and highlighted differences in impacts on young people's financial knowledge, attitudes and behaviors.
MasterCard Worldwide, United Nations Capital Development Fund (UNCDF)
Digital inclusion is the new global reality. Advances in card- and phone-based technology, as well as the infrastructure to support it, means that a growing proportion of the world is transacting electronically. But does access to electronic payments lead to financial inclusion? What will it take to transform increased access to payment technology to increased utilization of a broader suite of financial services? How are the answers to these questions the same or different for youth?
Harnessing mobile and digital technologies present some of the greatest opportunities for youth financial inclusion. In this session "The Data Behind Good Decision Making," under the Financial Inclusion track, Peter Goldstein presented on survey data, qualitative information, and findings and insights from InterMedia’s eight-country Financial Inclusion Insights Program to help participants understand and use these game-changing technologies in their programs.
Freedom from Hunger, MarketShare Associates, MEDA, Plan UK
This presentation, presented under the Financial Inclusion session: Breaking Barriers to Youth Entrepreneurship through Financial Initiatives, examined various approaches to encouraging youth entrepreneurship. The session at the 2014 Global Youth Economic Opportunities Summit allowed participants to explore how different financial inclusion approaches targeting youth can mitigate the constraints to youth entrepreneurship and contribute to the reduction of youth unemployment.
This publication is a guide for deposit-taking institutions in any stage of youth savings program development—from those simply exploring the possibility of introducing youth savings, to those already offering youth products but looking for new ideas and strategies to improve performance.
Increasingly, non-governmental, multilateral and bilateral organizations, and the private sector are seeking more meaningful ways to engage young people in dialogue about decision-making, program design, evaluation and policy-making.
This technical brief provides guidance to Youth Financial Inclusion (YFI) implementers deciding whether to offer appropriate financial products and services to youth, how to use technology to deliver them to youth, and methods to extend financial inclusion to youth in hard-to-reach rural areas. The brief provides practical tips and examples of innovative programs that promote youth financial capability (YFC) and access to youth-friendly financial capability.
The MasterCard Foundation has been dedicated to learning as an organization since our first partnership in 2008. It is in this spirit that we are proud to share Change that Matters: Learning from our Partnerships. Informed by evaluations, research and the expertise of our partners and staff, this report provides a narrative introduction to our work by summarizing key learning from our first six years as a philanthropic organization.
This paper begins by offering a framework for understanding how different influences or “levers” affect costs and revenues and uses examples to explain how the framework can be applied as a decision-making tool. It then uses three brief case studies (Bank of Kathmandu [BoK] in Nepal, XacBank in Mongolia, and Sparkassen in Germany) to illustrate the many influences that determine a business case. Finally, it offers suggestions for practitioners and policy makers.