The impact of the COVID-19 pandemic in the United States has been unlike anything most of us have seen in our lifetimes. Conditions such as stay-at-home orders, wearing masks in public and the highest unemployment rate since the Great Depression affect all of us in different ways.
I started to shake with chills, my face became flushed, my temperature soared. The persistent dry coughing I had been experiencing, which I had ascribed to allergies, became intense and, at times, painful. It was Friday the 13th and my luck had turned. It all happened so quickly, as if a switch had been turned from off to on. It was less than two weeks from the first reported case of COVID-19 in New York City.
This post was originally published on the Atlantic Council’s New Atlanticist blog. It is reprinted with permission.
Youth unemployment — particularly in the developing world — is one of the most pressing and challenging issues facing the global community. Rates of youth unemployment are the highest across the Middle East and North Africa region, around 30 percent, and close to 17 percent in Latin America and the Caribbean, and the micro and macro consequences loom: stunted economic growth, poverty, migration, crime and poor health, among many others.
Since the term “impact investing” took hold more than a decade ago, we’ve known that making investments that create positive social or environmental impact and generate a financial return would require engagement from both the social and private sectors. However, it wasn’t until 2016 that the extent of the work of international nonprofits in impact investing was revealed, when members of the International Non-Governmental Organization (INGO) Impact Investing Network released their inaugural piece of thought leadership: Amplifyii:The INGO Value Proposition for Impact Investing. That report, featured in the NextBillion post Philanthropy is Changing Fast: 12 Lessons from Three Reports, was the first real landscape report charting the work of INGOs in impact investing. Two years later, the network came back together to release the next chapter of the story of INGOs in impact investing: Amplifyii: The Next Mile of Impact Investing for INGOs.
An Interview with
Bryanna Millis, Senior Technical Advisor, Economic Participation, FHI 360
For more than a decade, FHI 360’s experts have worked to address critical human development issues in Jordan. Our programs encourage long-term economic growth to increase revenue and create jobs, particularly for underserved communities. Bryanna Millis, the Technical Director for the USAID Jordan Local Enterprise Support (USAID LENS) project, explains FHI 360’s strategies to use evidence-based approaches not only to promote but also to sustain economic growth.
The global economic landscape, along with the nature of work, is rapidly changing. More and more people are working outside of a typical office environment and in the gig economy. This is creating new economic opportunities — and challenges. The abilities and aspirations of young people, who now number almost two billion, are often unrealized, especially in the developing world. What is the best way to secure their futures?
We believe that positive youth development interventions can support and empower youth to be more engaged, healthy and productive members of their communities. Meeting young people where they are — whether in person or online — is necessary to build the critical skills and competencies to meet the demands of a growing and evolving economy. Our research shows that positive youth development interventions can facilitate resilience and, when combined with labor market analysis, prepare young people for future employment.
Imagine the following scenario: It’s payday and you want to pick up your salary. But first, you have to navigate a series of deteriorating, hazardous dirt roads to get to the bank. It takes you a few days just to talk to a teller. When you finally do, the teller informs you that the bank is currently out of cash – you’ll have to wait some more. By the time you actually get paid, you’ve had to miss several days of work – and to top it all off, between bank fees (including bribes or unofficial fees to bankers and security guards), the cost of lodging, travel and food, you’ve spent 15 percent of your salary just to pick it up.