According to the recently released United Nations report (“World Urbanization Prospects”), more than half of humanity now lives in cities. Today, 54% of the world’s population, 3.9 billion people, resides in urban areas, compared to only 30% back in 1950. The report predicts that cities will add an additional 2.5 billion people by 2050, with nearly 90% of this increase happening in Asia and Africa.
This year’s Workforce Development Track of the Making Cents conference saw more than a tenfold increase in proposal submissions and will feature a record number of panelists across nine distinct workforce themed panels. The lineup of proposals and participants provides terrific insight into the range and diversity of workforce issues that the development community and countries at large are grappling with, including public private partnerships, work-based learning interventions, soft-skills measurement, technology applications, career development practices and mentorship programs.
With approximately two billion unbanked and underbanked individuals globally, down from 2.5 billion just a few years ago (Global Findex 2011-2014), substantial progress has been made towards the goal of full financial inclusion, but is still far from being achieved. In particular, financial inclusion rates in Sub-Saharan Africa, where poor infrastructure, low population density and high costs have created significant barriers for financial service providers (FSPs) to serve low-income clients, have remained among the lowest globally.
Young people currently make up the largest youth population in history, and throughout the world they face a common challenge: persistent youth unemployment. Citi Foundation, a CGAP member, is investing $100 million globally over the next three years as part of its Pathways to Progress program to prepare 500,000 young people ages 16-24 for today's competitive job market.
Walk along any street in most African cities and you will see the story of Africa’s development, growth and potential: hard working, entrepreneurial people fill the cities making a living out of every opportunity crossing their path. However, dig a little deeper and you will see missed opportunities to take Africa and its citizens to the next level of development and build a future that today’s youth will thrive in.
While internal youth migration is thought to be an increasingly prevalent phenomenon in a number of Southeast Asian countries, very few research studies have examined this topic in depth. In particular, little is known about the experiences of young women who migrate internally, and the gender-specific aspects of youth migration. In response to these gaps in evidence, Plan International contracted Coram International in 2016 to conduct a research on the gender, youth economic empowerment, and internal economic migration experiences in Vietnam and the Philippines.
Global Money Week (GMW) is an annual global celebration, initiated by Child & Youth Finance International (CYFI), with local and regional events and activities aimed at inspiring children and youth to learn about money, saving, creating livelihoods, gaining employment and becoming an entrepreneur.
We celebrate our youth and their achievements and reflect on the goals of “eradicating poverty and achieving sustainable consumption and production” for the youth of this generation. To achieve these goals, a culture of saving money consistently over time will be important.
It’s critical to enable an environment that promotes economic justice for women from early in life. Failure to address the economic violence that manifests in girlhood will have lasting effects throughout women’s and girls’ lives.