In 2007, the United Nations (UN) established the Millennium Development Goals Achievement Fund (MDG-F) to help attain the goals set by the Millennium Declaration. The Achievement Fund is a wide-ranging development cooperation mechanism with an overall budget of more than US$800 million. It was funded by a contribution from the Government of Spain to the UN system to implement programmes aimed at eradicating poverty and inequality.
The Foundation for Partnership Initiatives in the Niger Delta (PIND) is hosting its first Youth Link Forum with the theme “Linking Youth to Employability skills and Entrepreneurship Development Opportunities in the Niger Delta” on 14-15 October, 2014, at the Aldgate Congress Hotel, Port Harcourt, Rivers State, to discuss and contribute to resolving the most pressing economic and social problems that limit youth potential.
Sub-Saharan Africa faces a paradox that has global relevance and implications: it will be home to the largest youth population in the world by 2050 and although literacy rates (by 6%) and education enrollment rates (by 9%) have been on the rise, youth unemployment continues to hover above 60% across the region. How will African youth create or secure sustainable and meaningful livelihoods? And more specifically, who is responsible for youth employment in Africa?
During the last decade, several African nations have seen record rates of growth placing them among the top growing economies in the world. Yet, this boom has not translated into an increase in jobs for the estimated 11 million youth who join the workforce each year. Fortunately, today¹s generation of African youth is more educated, and more connected than ever before.
Solving the employment crisis requires collaboration involving many sectors, however, youth empowerment is also a key component. To what extent can youth empowerment impact innovation and employment in Africa?
Around the world, unemployment among young people has grown into an epidemic, one that threatens economic growth and social stability in dozens of countries for decades to come.
At this policy forum, a panel of experts will use their research and knowledge in workforce development and education to not only shed light on the crisis, but also recommend practical steps for addressing youth unemployment based upon a research agenda, field testing, and tools for scaling evidence-based practices.
A Bangladeshi youth employment project “From Margin to Mainstream” won one of the first prizes in a good practice contest organized by the ILO and featured on MTV. The project helps young people with disabilities step into the labour market and become agents of change.
This Regular Economic Report (RER) is a semiannual publication of the Europe and Central Asia Region, Poverty Reduction and Economic Management Department (ECA PREM), The World Bank. It covers economic developments, prospects, and policies in 11 European Union (EU) member states that joined after 2004 (excluding Cyprus and Malta) — Estonia, Latvia, and Lithuania (North); the Czech Republic, Hungary, Poland, and the Slovak Republic, (Continental); and Bulgaria, Croatia, Romania and Slovenia (South). Throughout the RER, for simplicity, we refer to this group of eleven countries as the EU11.