Youthink! The World Bank's blog for youth
Syndicate content

The Importance of Good Governments for Youth Employment

Diane LuTran's picture

The world population stands over 7.1 billion, where 1.2 billion youth aged 15-25 live primarily in developing countries and make up 40% of the worlds’ unemployed.  A recent World Bank study reveals that in the next 15 years, the global economy needs to create 600 million new jobs to keep up with the world’s demanding population growth.  Failure to address the youth employment could therefore cripple a country’s economic growth and exacerbate chronic employment and poverty.  

Consequently, the role of government to address youth unemployment is crucial as they provide the "enabling environment’" for youth to thrive. Governments operate as a nexus between policy and practice, and addressing the socio-economic problems impacting youth, such as unemployment and barriers to political participation is essential for youth progress and development.

In the recent World Development Report, discussions focused around the need to form national comprehensive policy frameworks. Currently, only 35 countries have adopted action plans and only 4 countries have identified a budget in their national employment policies for youth employment strategies. While this is a start, chronic youth employment should be given priority in the 138 countries where the unemployment rate is rising. 

Governments have the ability to implement national youth employment strategies to demonstrate a shared vision, clear objectives and metrics for success that can significantly and tangibly increase youth employment. Governments also have the capacity to address youth unemployment by motivating the training of young people; encourage job creation; support young entrepreneurs with proper skills and networks to be employable. Governments can further engage private businesses to train young entrepreneur’s skills in growing industry sectors by incentivizing private business tax breaks or matching grants. Beyond government incentives, private businesses may also enhance its’ own corporate social responsibilities within the youth community.

World Bank Group Youth Summit 2014
For more details on the World Bank Group
Youth Summit and how to apply, click here.
Good governance can empower youth as positive economic and political actors by integrating youth as stakeholders in the decision making processes. It is the need for more transparent and open government to foster an “enabling environment” that will serve as the nexus for future leaders who must take on the challenges of job creation in the growing population. It is within this generation to hold governments accountable to employ youth policies and practices to end extreme poverty and boost shared prosperity.

 
The World Bank is providing a space to discuss these issues and more at the upcoming Youth Summit, which will be held Oct. 7 in Washington, D.C.

Comments

Submitted by Yahye on

well this is an inspiring action to help the young generation to be employable.

Submitted by Patrick Butsapu Kakule on

This is a very interesting and crucial topic. I can't wait to discuss with other young leaders, during the summit, the ways in which the youth can hold their govements accountable especially in places like the DRC... Ever since I saw this topic I have been thinking about how that should look like...
Btw, this is a very great article

Submitted by Enock Tarus on

Good governance entails a democratic and corruption free society. Democratic in the sense that the youth, irrespective of their age or social status, should not be discriminated in making decisions that affects them as far as political representation is concerned. Corruption free society ensures that the young and innovative generation access the resources they need to maximize their potential. That is what we need in Africa.

Submitted by uhanan on

Very good point