“Scientists have discovered an enormous energy source for the world…located in the poorest countries in the world,” announced Center for Strategic and International Studies (CSIS) President John Hamre recently. “If we tap it, this energy source will double or triple GDP growth in those countries.”
The resource Hamre was discussing is not a fossil fuel like coal or oil and is not a new form of renewable energy. His remarks were a reference to the 1.8 billion young people in the world between the ages of 10 and 24. This youth population is the largest the world has ever seen and their contributions to society have drastic implications for the development of emerging markets and fragile states. If youth become productive civic and economic participants in their communities, the benefits are immense. However, when young people are forced to the fringes of society and do not have sufficient opportunities to participate in society the consequences can be devastating.
In order to help policy, society, and business leaders better understand how to ensure that young people are best positioned to be drivers of growth and development, CSIS recently developed the Global Youth Wellbeing Index in partnership with the International Youth Foundation and Hilton Worldwide.
Washington, DC area ChamberLINKS participants (from left to right): Frida Mbugua (Kenya), Mariana Araujo (Venezuela), and Nini Panjikidze (Georgia).
This week five young professionals from different countries arrived to the U.S. to partake in CIPE’s ChamberLINKS program. The program, which is taking place for the fifth year, matches rising young stars from chambers of commerce and business associations around the world with similar organizations in the U.S.
This year’s participants and placements include:
For the following six weeks, these participants will shadow senior staff of their host organizations to observe and take part in the daily operations of successful associations.
Through the ChamberLINKS experience, the participants will gain valuable skills such as advocacy, membership development, and events management. At the same time, these international participants will provide their U.S. hosts with intercultural understandings such as insights into how associations operate in other nations.
The program also has a long-term impact because the participants bring back what they learned from their experiences to their home organizations after the program ends. For instance, Kipson Gundani, a 2012 ChamberLINKS program participant, raised funds and created momentum to start several new initiatives at the Zimbabwe National Chamber of Commerce (ZNCC) based on his experience at the Ponca City Chamber of Commerce in Oklahoma. This included internship programs connecting 50 university students with ZNCC members, evening networking events for ZNCC members, and improving the Chamber’s governance systems by making the board selection process more transparent.
Everyone involved in the program –the international participants, the host organizations, and CIPE – are excited to see what the participants will learn from the next six weeks.
Maiko Nakagaki is a Program Officer for Global Programs at CIPE.
By Madalina Maria Iancu, 2013 CIPE Blog Competition Winner. Read the other winning blogs here.
There are not many “peaceful” revolutions in the history of mankind, especially during the last decades of our modern history. Even if we think to join these two words — “revolution” and “peaceful” — it does sound a bit unusual.
This is the reason why I chose to write about this example of a totally atypical revolution, which happened recently in Iceland. In my opinion, the Icelandic Revolution is an example of the fact that a revolution doesn’t have to be violent and bloody but peaceful and civilized and with a positive approach things can be changed in order to improve the status quo and to create a better standard of living.
There were also other movements also called “peaceful,” as it is a new paradigm, but still…nothing like Iceland.
One of the characteristics that made this revolution so atypical is its duration. It all started in 2008, when the main bank of Iceland was nationalized, the currency of Iceland devalued and the stock market halted. The country was in bankruptcy. During 2008 – 2009 as a result of the citizen’s protests and demonstrations, both the prime minster and the whole government resigned. New elections were held. In spite of these changes, Iceland remained in a bad economic situation.
(Watch the video in Spanish.)
During late August 2013, CIPE program officer Brent Ruth and I had the opportunity to travel through Peru to meet with EmprendeAhora alumni who have become amazing entrepreneurs. The purpose of this trip was to conduct an evaluation of the impact these alumni are having in their regions; however, I never could have imagined the impact their stories would have on me.
It was extremely motivating to hear how these alumni, with a little help from the EmprendeAhora program, gained the confidence to believe in themselves and in the entrepreneurial initiatives they’d only dreamed of before. Even more impressive was that they were all interested in doing business with a purpose. For them it was as important to have a positive social impact—if not more important— as to make a profit.
In order to share the positive social impact the EmprendeAhora alumni are having in their regions, Brent and I filmed our interviews with the alumni we met with in Peru. Throughout this year CIPE will publish a series of videos. The first video in the series tells the story of 2008 alum Jorge Luis Cueva Ramírez, co-owner and manager of a retreat hotel, Casa Cumbray Hotel de Campo in La Libertad, Peru.
Celebrating Global Entrepreneurship Week in Pakistan.
Fayyaz Bhidal is a CIPE-Atlas Corps Think Tank LINKS Fellow at the Atlantic Council.
According to the Economic Survey of Pakistan 2010-11, out of labor force of 55 million people, over three million are unemployed or underemployed, and the official unemployment rate in urban areas is double that of rural areas.
Marred by an acute energy crisis, militancy, political instability and host of other issues, Pakistan’s annual GDP growth rate is stuck at little above three percent, while the population is increasing at a rate of over two percent per year. This means that every year, roughly two million people enter the labor force. If the current situation is unchanged, the unemployment rate in the country will rise precipitously in the years to come.
According to the Planning Commission of Pakistan, providing jobs to the unemployed — both existing and those entering the labor market every year — requires an annual GDP growth rate of nine percent. Given the fact that both industrial and agricultural sectors are observing negative growth in real terms, and largely uneducated youth cannot be absorbed into the relatively well performing services sector, there seems no way the government will be able to curb this ever-increasing unemployed population.
One of the ways out of this otherwise gloomy national economic picture is to promote youth entrepreneurship. For a society like Pakistan, youth entrepreneurship is a new concept, and will require some serious efforts for promotion to an extent where it will start contributing to annual GDP growth and for extending decent employment opportunities to the youth.
Azerbaijani students attending a two-day seminar on entrepreneurship December 27-28 respond to the question, “who believes that they could start their own business?”
Forty percent of Azerbaijan’s population is under the age of 25, but less than a third of Azerbaijani youth are employed. This is partly due to economic policies that have restricted the private sector, particularly small and medium-sized businesses, leaving many young people to regard the government as their only path to employment. Topics such as free market economics, democratic governance, and entrepreneurship are largely absent from university curricula, and many young Azerbaijanis are not even aware that starting their own business is even a possibility, let alone a viable career option.
Since 2011, CIPE together with the Entrepreneurship Development Foundation (EDF) and its partner the Baku Education Information Center (BEIC) have trained 92 young Azerbaijanis on economics and business topics – and this number will be more than doubled as the training programs are scaled up in 2014-2015.
Participants, ranging in age from recent university graduates to mid-career professionals, attended weekly seminars over a ten-week span, tailored to the local context, based on CIPE’s Development Institute materials which were designed to improve young people’s understanding of the core democratic values underpinning entrepreneurship and the functions of a free market economy.