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Declining headline unemployment rates mask deeper labour market challenges in both developed and developing regions High youth unemployment not only bears significant costs for the individual but also damages the social fabric Long term investments in education, fostering entrepreneurship and enhancing social safety nets promote more inclusive labour markets English: PDF (172 kb), EPUB (287kb) Global issues High youth unemployment presents a daunting challenge for policymakers around the world The promotion of full and productive employment and decent work for all is a cornerstone of the 2030 Agenda for Sustainable Development. In tandem with the acceleration in global economic activity… World Economic Situation And Prospects: February 2018 Briefing, No. 111
WESP 2018 highlights that the strengthening global economy is an opportunity to address structural challenges Several economies in Africa, Latin America and Western Asia still see negligible per capita income growth East and South Asia remain world?s most dynamic regions English: PDF (197 kb), EPUB (262kb) Global issues WESP 2018: Stronger global economy offers opportunities?to tackle deep-rooted development issues According to the World Economic Situation and Prospects (WESP) 2018, launched on 11 December 2017, the world economy has strengthened, as crisis-related fragilities and the adverse effects of recent shocks subside. Investment conditions have improved in many countries. This… World Economic Situation And Prospects: January 2018 Briefing, No. 110