Citing examples of interventions designed to integrate young people in the labor market, the study reinforces the point that comprehensive and integrated approaches tend to do better than fragmented ones. Given the challenges faced by the youth in labor markets, success in pursuing employment for young people will require long term, concerted actions, spanning a wide range of policies and programs.
Due to an increase in youth population, as well as the still very high fertility rate that characterizes the region, African countries will likely face an increase in job creation pressure for the youth over the coming decades. The definition of youth is a person between the ages of 15 to 24 years.
The effects of the financial crisis on Sub-Saharan Africa - ScienceDirect
Young people make up 18 percent of the world's population today, or 1. In Africa, roughly million people fall within this age range, accounting for over 20 percent of the population, but this is expected to increase rapidly because 42 percent of the current population is below 15 years of age. While the youth population in Africa is not homogenous, the typical African youth, as given by medians, is an 18 year-old female who lives in a rural area, is literate but no longer attending school, and likely to be married with children.
According to the ADI essay, some stylized facts suggest that:. They also face stronger challenges because of early motherhood and lack of educational and job opportunities, as do the rural youth.
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The youth employment challenge is one that confronts all African countries, regardless of their stage of socio-economic development, although the socio-economic context does contribute to the nature and extent of the problem. Apart from demographics and high reproduction rates, factors such as lack of work experience, difficulty accessing education and training, and lack of organization and voice to ensure their needs are addressed in policies and programs, also present barriers to youth entering the work force. The report also highlights the valuable resource that young people are to their countries, and points out that helping them gain access to employment is a critical precondition for poverty eradication and sustainable development.
Apart from the main essay, the ADI provides key data sets which monitor development programs and aid flows in the region. Central Intelligence Agency, The average annual growth rates for all ages as well as for particular age groups are calculated on the assumption that growth is continuous. This projection is taken from the UN database, in turn based on assumptions about demographic indicators by country and projection constructed for successive five-year periods.
The details on the methodology applied by the UN to conduct the projections can be consulted at:. These estimates were sourced from the World Bank World Development Indicators database, last accessed 8 May , http: The corresponding definition of the indicator is: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates.
An international dollar has the same purchasing power over GDP as the U. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
World Bank Development Indicators It is also shown as a line item in Table 1. Included in the estimates for HIPC are values associated with the clearance of debt arrears and grant compensation. This is converted to an expenditure figure by adjustments detailed at h and I below. This includes cash funding for multilateral organisations and other cash paid against multi-year liabilities such as the Nauru Settlement Treaty. You may be trying to access this site from a secured browser on the server. Please enable scripts and reload this page. Turn on more accessible mode. Turn off more accessible mode.
Table 1: Composition of Australian ODA
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Australia's International Development Assistance Program 2013–14
Register your travel plans The information you provide will help us contact you in an emergency. Register your travel plans. Visas Visas for Australians travelling overseas Visas to visit Australia. Australia's International Development Assistance Program — One billion is equal to one thousand million. The source of data is AusAID unless otherwise stated. ODA is reported on a cash basis. The ODA target is 0.