October 10, 2012 | Contribution by
STEVE KAYIZZI-MUGERWA, AGNES SOUCAT, LOUISE FOX
Steve Kayizzi-Mugerwa is the Director for Research at AfDB Agnes Soucat is the Director for Human Development at AfDB Louise Fox is a Lead Economist - Africa Region at the World Bank Interviewed by David Robalino, Lead Economist - Labor and Youth Team Leader, World Bank on September 25, 2012 Africa's youth population is not only growing rapidly, it is also getting better educated. Based on current trends, 59% of 20-24 year olds will have had secondary education in 2030, compared to 42% today, reports the new 2012 African Economic Outlook: Promoting Youth Employment (a product of the African Development Bank (AfDB), OECD, UN Development Programme, and UN Economic Commission for Africa.) But to turn this rapid growth in human resources into an opportunity, the report says, Africa needs to tackle its very high level of youth unemployment. The JKP's David Robalino (Lead Economist - Labor and Youth Team Leader, World Bank) discussed the report's findings with the AfDB's Steve Kayizzi-Mugerwa, Director for Research, and Agnes Soucat, Director for Human Development, along with the World Bank's Louise Fox, Lead Economist, Africa Region. They talked about Africa's challenge of creating inclusive economic growth – especially to take advantage of the large pool of youth (and fewer dependents) to realize a demographic dividend, as East Asia has done.
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