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End in Sight for World Bank’s Controversial Reforms
In an internal email to staff distributed Tuesday, World Bank President Jim Yong Kim set an end date for his reform agenda and announced that the global financial institution will provide more open-ended contracts for its employees — part of a new framework that supports the career development of staff.
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- Uncategorized
- Tags
- employment
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From Classroom to the Real World: How young people in Africa can unlock limitless opportunities
Today more than half the population of sub-Saharan Africa is under the age of 25, and the World Bank predicts that as many as 11 million young people will join an expanding labor market every year for the next decade. Ashoka Changemakers’ John Converse Townsend looks at two social entrepreneurs fostering creative methods for turning around the unemployment crisis.
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- Education
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The Private Sector or Government : Who should solve Africa’s jobs crisis?
With unemployment at such a huge scale in Africa, it can feel like everyone’s (and no-one’s) problem to deal with. Ashoka’s Future Forward initiative recently kicked off a series of online conversations aiming to clarify who is responsible for youth employment in Africa. Here’s what three experts had to say.
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- Education
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IDB Launches USD $500 Million Education, Youth and Employment Bond
Citi priced a $500 million four-year Education, Youth and Employment (EYE) bond on behalf of The Inter-American Development Bank (IDB or IADB) on Tuesday – a first-of-its-kind investment vehicle, created with the support of Citi Microfinance.
- Categories
- Education
- Region
- Latin America
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- employment
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Microfinance as a panacea to Nigeria’s unemployment challenge
As credit plays vital role in start-up and expansion of businesses, microfinance has been treated as an important tool for economic development.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- employment, microfinance
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What if everything we know about poor countries’ economies is totally wrong?
As China and India continue their fairly rapid paces of economic growth, a greater and greater share of extreme poverty is going to be concentrated in sub-Saharan Africa. But if we're going to make progress there, we need to have good numbers about how various economies are faring, how income is distributed within them, and so forth.
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Opinion: ‘Wanted: inclusive business’
With more severe poverty and inequality to begin with, worsening unemployment and lack of significant improvement in reducing poverty and inequality negate our otherwise impressive economic growth performance of late.
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- Uncategorized
- Tags
- employment
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Weekly Roundup – 4/25/14: Ringing the Bell on Social Enterprise, Remembering Rana Plaza
Each week the New York Stock Exchange invites a different group to ring the opening and closing bells to start and stop the day’s trading. On Monday, a new group did the honors: representatives from the U.S. National Advisory Board (NAB) to the Social Impact Investment Task Force. While the bell ringing is purely symbolic, the symbol is important nonetheless: Impact investing has moved from the fringe to the mainstream – or at least mainstream recognition.
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- Uncategorized
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