Tag Archives: Youth

Digital pathfinders: The role of youth in the online gig economy

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Imagine a world where strategic investments in health not only save lives but also drive shutterstock-2102731174 1140x500economic growth and resilience. This vision was at the heart of the 7th Annual Health Financing Forum, where hundreds of participants and experts recently gathered to explore health financing in the post COVID-19 era.

As we face the slowest five-year growth in 30 years, with financial stress, inflation, and heightened debt levels, innovative fiscal policies are critical. The economic slowdown, amplified by COVID-19’s lingering effects, underscores the need for public investments in health and other social priorities like education to support human capital.

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Rethinking social protection in South Asia: Toward progressive universalism

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In recent years, South Asia has been beset with an unprecedented combination of negative shutterstock-2193082737-Resized_1140x500shocks. In Sri Lanka, an economic crisis on the heels of COVID-19 pushed approximately 3 million people into poverty. In Pakistan, the devastating 2022 floods – a direct result of the country’s vulnerability to climate change – left between 8.4 million and 9.1 million more people in poverty. These impacts have been further amplified by the global fuel and food crises in the wake of Russia’s invasion of Ukraine. And they hit hard those who are already the most vulnerable –women, youth and children.

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Digital pathfinders: The role of youth in the online gig economy

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Can you imagine a job where you can decide where to work, when to work, and which20150625-zambia-hoel-5313_1140x500.jpg projects to work on? According to our recent data analysis, this is exactly how 243 million youth around the world are challenging the traditional career path, particularly in developing countries where they seek higher pay and jobs that are not easily available close to home.

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The World Bank’s Bold New Vision

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“To create a world free of poverty – on a livable planet.”

This vision and mission will test the sincerity of our ambition – it sets us on a journey that will require reimagined partnerships, a new way of working and thinking, an innovative plan to scale and replicate, additional resources, and optimism for what could be possible.

In all corners of the globe, people are eager to go to work, and to create with their own hands. They want a better life for their children and grandchildren.

We must be the hand on the back – moving people forward. We must be an institution that exports optimism and impact.

2023 Annual Meetings: A New Vision for Challenging Times

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ANNUAL MEETINGS HIGHLIGHTS 2023meetings-signage

  • Expanded financial capacity. Stronger partnerships. Deeper engagement with the private sector. More efficient processes.
  • The Bank has adopted new tools that could provide $157 billion in additional lending capacity over a decade.
  • The Bank is exploring loan maturities of 35 to 40 years to help countries better navigate long-term social and human capital investments.

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The World Bank’s Bold New Vision

Posted on by

“To create a world free of poverty – on a livable planet.”

This vision and mission will test the sincerity of our ambition – it sets us on a journey that will require reimagined partnerships, a new way of working and thinking, an innovative plan to scale and replicate, additional resources, and optimism for what could be possible.

In all corners of the globe, people are eager to go to work, and to create with their own hands. They want a better life for their children and grandchildren.

We must be the hand on the back – moving people forward. We must be an institution that exports optimism and impact.

Announcing winners of the fifth World Bank and Financial Times youth blog competition

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It’s been a complicated—and often frustrating—few years for students all over thethumbnail_2023_ft-wb_blog_winners_-_framed world. The COVID-19 pandemic profoundly changed the way children around the world learn.  Remote classes. Closures. Masks. It was a lot to deal with, and the long-term consequences could be severe.

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Reforms could boost World Bank lending to developing countries by nearly $190 bln -study

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WASHINGTON, Sept 26 (Reuters) – Reforming the World Bank’s approach to risk could unlock nearly $190 billion in additional urgently needed lending for developing countries without jeopardizing its AAA credit rating, a study commissioned by the Rockefeller Foundation found.

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Tackling Food Insecurity

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Stories of resilience from Madagascar, the Central African Republic, and Egypt