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Giving and Receiving: Understanding the Financial Flows Between Young People and Their Parents
Young people in many emerging markets tend to live in their parents’ homes until their mid-20s, leading to a complex, dynamic interplay of financial support between generations that's particularly relevant during COVID-19. Guy Stuart at Microfinance Opportunities discusses the results of a study exploring the implications of this support for financial service providers and financial inclusion in Morocco, Nigeria and Senegal.
- Categories
- Coronavirus, Finance
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Analysis: Financial Inclusion Helps Youth Mitigate COVID-19 Impact
Recognizing this, financial regulators and policymakers should consider a series of factors when developing financial inclusion policies in the context of COVID-19 and beyond.
- Categories
- Coronavirus, Finance
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4,000 MSMEs and Youths in ASEAN Region Offered Digital Skills Training
Brunei launches ASEAN initiative to help small businesses and youths gain the skills needed in a digital economy.
- Categories
- Entrepreneurship, Technology
- Region
- Asia Pacific
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Protecting Young Startups During COVID-19
The Asia-Pacific region is home to more than 60 percent of the world’s youth, about 700 million young people. It is estimated that they account for half of the jobless people in the region. Entrepreneurship offers a way out, and many are already taking this route.
- Categories
- Coronavirus, Entrepreneurship
- Region
- Asia Pacific
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Next Phase of India’s Skill Programme to Focus on Quality, States’ Role
The Centre will soon unveil the next phase of its flagship skill development programme, the Pradhan Mantri Kaushal Vikas Yojana (PMKVY), which will primarily focus on the role of states, the fate of migrant workers, and the employment scenario.
- Region
- South Asia
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Digital Platforms: The Virtual Classrooms That Transform India’s Youth into Productive Workers
India is one of the youngest societies in the world, with people aged 15-24 making up a third of the population. That's why the country's economic growth will depend on youth becoming productive workers, says Sreelakshmi Ramachandran at Ola Mobility Institute. As we celebrate World Youth Skills Day, she explores how digital platforms are upskilling young workers and easing their transition to employment.
- Categories
- Education, Entrepreneurship, Technology
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WhatsApp Partners with Youth NGO for Digital Business Training
To empower youngsters in digitizing their businesses, instant messaging platform WhatsApp has partnered with PJI to give six-month training on using digital business platforms to more than 1,000 students in 12 cities across Indonesia.
- Categories
- Coronavirus, Entrepreneurship
- Region
- Asia Pacific
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Africa’s COVID-19 Moment: How Youth Startups Are Addressing the Pandemic – And What They Need to Reach the Next Level
Sub-Saharan Africa is home to a young and increasingly entrepreneurial population. As Ahunna Eziakonwa at UNDP and Eleni Gabre-Madhin at blueMoon explain, many youth-led African startups are repurposing their businesses or launching new operations to address COVID-19. They profile some of these young innovators, and lay out four ways the global development community can support them.
- Categories
- Coronavirus, Entrepreneurship, Investing
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