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Labor and Social Protection

5 inspirational youth you should follow this #YouthDay 

Bassam Sebti's picture
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Refugees take wood working courses at the Kalobeyei Youth Training Center in Kalobeyei, Kenya.
© Dominic Chavez/International Finance Corporation

Youth are the engine of change. Empowering them and providing them with the right opportunities can create an endless array of possibilities. But what happens when young people under 25—who make up 42% of the world’s population – lack safe spaces in which they can thrive?
 
According to the United Nations, one in 10 children in the world live in conflict zones and 24 million of them are out of school. Political instability, labor market challenges, and limited space for political and civic participation have led to increasing isolation of youth. 
 
That's why the United Nations theme for International Youth Day this year focuses on “Safe Spaces for Youth.” These are spaces where young people can safely engage in governance issues, participate in sports and other leisure activities, interact virtually with anyone in the world, and find a haven, especially for the most vulnerable.

Technology can help spring workers from the informality trap

Kristalina Georgieva's picture
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Women stitch handicrafts at Everest Fashion Fair Craft in Lalitpur, Nepal. © Peter Kapuscinski/World Bank
Women stitch handicrafts at Everest Fashion Fair Craft in Lalitpur, Nepal. © Peter Kapuscinski/World Bank

Technology and what it will do to change how we work is the driving obsession of the moment. The truth is that nobody knows for sure what will happen – the only certainty is uncertainty. How then should we plan for the jobs that don’t yet exist?
 
Our starting point is to deal with what we know – and the biggest challenge that the future of work faces – and has faced for decades – is the vast numbers of people who live day to day on casual labor, not knowing from one week to the next if they will have a job and unable to plan ahead, let alone months rather than years, for their children’s prosperity. We call this the informal economy – and as with so much pseudo-technical language which erects barriers, the phrase fails to convey the abject state of purgatory to which it condemns millions of workers and their families around the world.

What will be the future of work?

Jim Yong Kim's picture
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Do you wonder if the good fortune and opportunities that you’ve enjoyed in your professional life will be available to your children, and to their children? At a time of strong global economic growth, it may seem paradoxical that we face an existential crisis around the future of work. But the pace of innovation is accelerating, and the jobs of the future – in a few months or a few years – will require specific, complex skills. Human capital will become an ever more valuable resource.

In short, the changing nature of work – and how best to prepare people for the jobs of the future – are some of the toughest challenges countries face, which is why they’re the subject of this year’s World Development Report.

Because the future of work matters to all of us, we decided to give this report an unprecedented level of transparency. For the first time since the World Bank began publishing the WDR in 1978, the report is completely transparent throughout the writing process. Every Friday afternoon, the latest draft is uploaded to the World Bank website, so that anyone with internet access has an opportunity to read it and engage with the team of authors. I can’t promise that the WDR won’t have changed a week from now, which is why I encourage you to keep revisiting it as we keep revising it.

For new readers, here are a few insights into the report’s contents that I hope will get you thinking about the future of work:

Technology works for getting poor people’s problems fixed – we just have to get it right

Kristalina Georgieva's picture
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© Sarah Farhat/World Bank

One of the encouraging signs that I pick up whenever I travel is the difference that technology is making to the lives of millions of marginalized people. In most cases it’s happening on a small, non-flashy scale in hundreds of different ways, quietly improving the opportunities that that have been denied to remote communities, women and young people for getting a foot on the ladder.

And because it is discreet and under the radar I dare as an optimist to suggest that we are at the beginning of something big – a slow tsunami of success. Let me give you some reasons why I believe this.

How is your life different from that of your parents?

Venkat Gopalakrishnan's picture
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© You Ji/World Bank
© You Ji/World Bank


Yunus owns a fabric store in Blantyre, Malawi. The store was founded by his grandfather, who immigrated to Malawi in 1927, and has now been in his family for three generations. Business is good, Yunus said, but that the cost of essential services like electricity and water has gone up since his grandfather and father owned the store. Even so, he remains optimistic.
 
Marija Bosheva is a student at an agriculture and forestry vocational high school in Kavadarci, Macedonia. Like many high school students around the world, she takes daily lessons in history, math, biology, and chemistry. However, unlike many of her peers, she is also studying oenology — the art of making wine.
 
Are you carrying on a family tradition, like Yunus? Do you work or study in an entirely new field that didn’t exist when your parents were your age? How has life changed for you compared to your parents or grandparents when they were your age, and how do you see your children’s lives and possibilities compared to your own? Are you in the same position vis a vis your peers as your parents were vis a vis theirs?
 
Share your story, using the hashtag #InheritPossibility.

Toward a linked and inclusive economy

Jim Yong Kim's picture
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The arrival of broadband internet is set to significantly improve medical services in Tonga. © Tom Perry/World Bank.
The arrival of broadband internet is set to significantly improve medical services in Tonga. © Tom Perry/World Bank.

While some studies predict automation to eliminate jobs at a dizzying rate, disruptive technologies can also create new lines of work. Our working draft of the forthcoming 2019 World Development Report, The Changing Nature of Work, notes that in the past century robots have created more jobs than they have displaced. The capacity of technology to exponentially change how we live, work, and organize leaves us at the World Bank Group constantly asking: How can we adapt the skills and knowledge of today to match the jobs of tomorrow?
 
One answer is to harness the data revolution to support new pathways to development. Some 2.5 quintillion bytes of data are generated every day from cell phones, sensors, online platforms, and other sources. When data is used to help individuals adapt to the technology-led economy, it can make a huge contribution toward ending extreme poverty and inequality. Technology companies, however well intended, cannot do this alone.

To build a brighter future, invest in women and girls

Jim Yong Kim's picture
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Arne Hoel

As we mark International Women’s Day 2018, there has never been a more critical time to invest in people, especially in women and girls. 

Skills, knowledge, and know-how – collectively called human capital – have become an enormous share of global wealth, bigger than produced capital such as factories or industry, or natural resources.

But human capital wealth is not evenly distributed around the world, and it’s a larger slice of wealth as countries develop. How, then, can developing countries build their human capital and prepare for a more technologically demanding future?

The answer is they must invest much more in the building blocks of human capital – in nutrition, health, education, social protection, and jobs. And the biggest returns will come from educating and nurturing girls, empowering women, and ensuring that social safety nets increase their resilience.

According to UNESCO estimates, 130 million girls between the age of 6 and 17 are out of school, and 15 million girls of primary-school age – half of them in sub-Saharan Africa – will never enter a classroom. Women’s participation in the global labor market is nearly 27 percentage points lower than for men, and women’s labor force participation fell from 52 percent in 1990 to 49 percent in 2016.

What if we could fix this? Fostering women’s labor force participation, business ownership, and improvements in productivity could add billions to the global economy.

Using adaptive social protection to cope with crisis and build resilience

Michal Rutkowski's picture
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In a world increasingly filled with risk, social protection systems help individuals and families cope with civil war, natural disaster, displacement, and other shocks. ©
 Farhana Asnap/World Bank


Crisis is becoming a new normal in the world today. Over the past 30 years, the world has lost more than 2.5 million people and almost $4 trillion to natural disasters. In 2017 alone, adverse natural events resulted in global losses of about $330 billion, making last year the costliest ever in terms of global weather-related disasters. Climate change, demographic shifts, and other global trends may also create fragility risks. Currently, conflicts drive 80 percent of all humanitarian needs and the share of the extreme poor living in conflict-affected situations is expected to rise to more than 60 percent by 2030.

2017 in Review: Look at the posts you engaged with the most on social media

Zubedah Robinson's picture

2018 is here, and we hope your new year is off to a positive start! Thank you for being a part of the global movement to help end poverty. For every like, share, “heart”, retweet, you name it, thanks for engaging with our content!

Every year brings new highlights, challenges, and priorities, and 2017 was no different. Here is a look at some of the content you engaged with the most on social media in the past year:

Twitter:

No one should be driven into bankruptcy simply because they have to pay for healthcare for themselves or their loved ones. So unsurprisingly, you showed strong  support for #HealthforAll during the Universal Health Coverage Forum in December.

We were also very impressed to see how strongly you feel about preserving our planet. During last month’s One Planet Summit, several of you replied to the news of the World Bank’s announcement on phasing out financing of oil and gas exploration, with positivity. For example @RalienBekkers said: “Great, everyone should follow”:
Do you believe that no country can attain its full potential without the equal participation of both women and men in the country’s economy? Many of you agreed that women shouldn’t be restricted from doing some jobs, just because they are women:
 

Can tackling childcare fix STEM’s gender diversity problem?

Rudaba Z. Nasir's picture
Also available in: العربية | Español
Girls attend school. Pakistan. © Caroline Suzman/World Bank
Girls attend school. Pakistan. © Caroline Suzman/World Bank


Growing up in Pakistan, I often wondered why boys were expected to become doctors or engineers while girls, including me, were encouraged to pursue teaching or home economics. So, when my cousin Sana became the first woman in my family to start a career in engineering, she also became my idol. But a few months later, my excitement soured when Sana quit her job halfway through her first pregnancy. Sana’s story, however, is not unique. Women make up less than 18 percent of Pakistan’s science, technology, engineering, and mathematics (STEM) professionals. Traditional gender roles and lack of access to formal childcare often play a critical role in many women’s decisions to forgo STEM careers.

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