Finance & Economics

Improved Employment Options for 15 Thousand Bolivian Youth

World Bank to Support Government Training Program for Low Income Youth

The World Bank (WB) Board of Executive Directors today approved US$20 million in financing for a youth training program for low income Bolivian youth. The Improving Employability and Labor Income of Youth Project will help close to 15 thousand youth between the ages of 17-35 improve their chances of accessing the labor market.

Reducing red tape in business would boost Greek productivity, OECD says

Proportion of the 13 priority areas studied in total administrative burdens
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Improved Employment Options for 15 Thousand Bolivian Youth

World Bank to Support Government Training Program for Low Income Youth

The World Bank (WB) Board of Executive Directors approved US$20 million in financing for a youth training program for low income Bolivian youth. The Improving Employability and Labor Income of Youth Project will help close to 15 thousand youth between the ages of 17-35 improve their chances of accessing the labor market.

Hunger Among Seniors on the Rise

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Harmonised Unemployment Rates (HURs), OECD

OECD unemployment rate stable at 7.5% in March 2014

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OECD Harmonised Unemployment Rates, s.a.

New US$5.6 Million Credit Agreement to Improve Access to Basic Services in Djibouti City

The World Bank Group Board of Directors approved a US$5.6 million credit for Djibouti to support the government’s Second Urban Poverty Reduction Project (DUPREP II). This highly concessional credit is designed to assist the government’s efforts to increase access to basic urban services in one of Djibouti City’s poorest neighborhoods, Quartier 7 (Q7).

Composite Leading Indicators (CLI), OECD, May 2014

Composite leading indicators point to weakening growth in major emerging economies but stable growth momentum in most OECD countries

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Germany should enact economic and social reforms to make its growth path more inclusive and sustainable, OECD says

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Young people voice their opinions on Europe's future

The European Youth Event (EYE 2014) brought together 5,000 Europeans aged 16-30 to exchange ideas on youth-related issues in Strasbourg on 11 May. They took part in panel discussions on topics such as human rights, youth employment, the digital revolution and sustainability and talked about their ideas for the future of Europe with politicians, journalists and other decision makers. Their ideas will be handed to the newly-elected MEPs during the first plenary of July.

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EYE participant getting ready to fly the EU flag in Strasbourg

Ethiopia: World Bank to help create new jobs and improve competitiveness through development of industrial zones and strengthening linkages with local economy

The World Bank’s Board of Executive Directors approved a US$250 million credit in support of the Government of Ethiopia’s effort to create new jobs and increase competitiveness in the light manufacturing sector through the development of industrial zones and enhancing linkages with the local economy.