The number of young people of working age in the world’s 49 poorest nations is increasing by 16 million per year, and in each one of 11 such countries it will climb by at least half a million per year, a new UNCTAD report says. The organization recommends that the governments of the globe’s least developed countries (LDCs) intensify efforts to employ this vast resource – currently largely underemployed, or trapped in vulnerable, low-paid jobs – to improve the breadth and the growth prospects of their economies. By Carla September
The Least Developed Countries Report 2013, subtitled “Growth with Employment for Sustainable Development” (see reference), urges that there should be greater policy emphasis in LDCs on employment generation as a central development objective. It cautions that otherwise, international migration or social and political instability may rise ...
At first glance, everyday life seems not to have changed in Istanbul. The streets are congested; people hurry to the ferry or the bus. For weeks, there has been no terror attack. Nevertheless, there are some visible changes. There are much more policemen in the streets. In some days, the Istiklal Caddesi, the main shopping street on the European side, seems to be under a state of siege. At every street corner, there is police van with the blue light switched on.
Recent disturbing trends in international finance have particularly problematic implications, especially for developing countries. The new United Nations report, World Economic Situation and Prospects 2017 (WESP 2017), is the only recent report of a multilateral inter-governmental organization to recognize these problems, especially as they are relevant to the financing requirements for achieving the Sustainable Development Goals (SDGs).
The Trump government signals unequivocally the end of international US hegemony. An international hegemon is able to define rules that find relatively broad acceptance internationally and plays a role in safeguarding international economic stability. The Trump government announced measures that go against the present economic rules while not proposing new ones.
The global deficit in quality jobs and deteriorating economic conditions in a number of regions threatens to undo decades of progress in poverty reduction, warns a new report by the International Labour Organization (ILO), the World Employment and Social Outlook (WESO) 2016.
Weakening of workers' rights in most regions is being aggravated by severe crackdowns on freedom of speech and assembly, according to the 2016 Global Rights Index. Restrictions on freedom of speech and assembly, including severe crackdowns in some countries, increased by 22%, with 50 out of 141 countries surveyed recording restrictions.