In just four months, the COVID-19 pandemic has taken a dramatic toll on economies and institutions around the world, and the number of new cases, economic dislocation and deaths continues to mount. Decades of progress raising living standards and reducing extreme poverty could be replaced by increasing food insecurity, conflict and forced migration.
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.
On October 3rd, experts will come together to discuss how 1% of the US federal budget builds stronger economies, saves lives, and protects our borders. Tune in to watch the event live while you add to the discussion on twitter using the hashtag #WhyForeignAid.
This lively discussion will look at the incredible return on investment of U.S. development efforts in global health and how they contribute to building new markets for more products, preventing the proliferation of disease across borders and ensuring better health for some of the world’s most vulnerable people.
USAID Fact Sheet:
The Power of 1% and Global Health: Saving Lives, Improving Economic Opportunity, Promoting Security
The Power of 1%: What Americans Get for Investments in Global Health