Close to 5 percent of the youth population worldwide has access to a savings account, though they represent around 18 percent of the world population, and disparities are significant; in some economies (i.e Australia, France and New Zealand) around 70 percent of students of 15 years old have a bank account, though in others (Israel, Poland and Slovak Republic) the figure is less than 30 percent.
There are over 1.1 billion young people in the world who need to be able to find good jobs, start and grow businesses, gain access to appropriate financial services and overall, participate in the global economy.But how can development practitioners and private and public sector actors meet the growing demand for youth economic opportunity?
The level of youth unemployment remains very high in several EU Member States, and there is increased awareness of the economic and social consequences associated with long‑term disengagement from the labour market. In light of the high potential of entrepreneurs to create employment and sustainable growth, promoting youth entrepreneurship and making Europe more entrepreneur‑friendly has recently become a priority on the EU policy agenda.
The theme of International Youth Day 2015 is “Youth Civic Engagement.” The engagement and participation of youth is essential to achieve sustainable human development. Yet often the opportunities for youth to engage politically, economically and socially are low or non-existent.
The Millennium Fellowship is open to rising leaders and innovators around the world committed to achieving transformational change in their communities, countries, and professional fields with a global impact. Fellows will be at the forefront of the Atlantic Council's work to promote constructive leadership and create a more secure and prosperous world. Through a competitive application process, the Atlantic Council will accept approximately twenty exceptional leaders who are thirty-five years old and under into the inaugural class of Millennium fellows this spring.
An international forum for sharing results of the ILO’s Call for Papers on labour market transition of young women and men in developing countries. The Symposium offers an opportunity for researchers and development practitioners to discuss innovative research on themes of youth employment and labour market transitions and applicability to policy and programme advice and implementation.