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This blog is a global conversation among young people on poverty and other development-related issues. It's maintained by the World Bank's Youthink! team

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youth entrepreneurship

Essay Competition: Youth Entrepreneurship in Times of Crisis

Did you know that in many regions, unemployment among youth is easily 2-3 times higher than for adults. Especially in developing countries, the school-to-work transition can be a long and tedious process, during which young people leave school, become jobless and spend time moving between unemployment, inactivity and informal employment. In fact, youth have often been found to effectively act as a "buffer," absorbing shocks disproportionately during negative business cycles, but not benefiting accordingly during economic booms.
What is it like for youth in your country? And is the global financial crisis impacting the situation still further? 

The World Bank's Y2Y Global Youth Conference is holding an essay contest on this topic, and wants your ideas on the questions: 

What are the constraints to youth entrepreneurship in your country? Has the global crisis changed the dynamics? How can governments help young entrepreneurs to create and further develop their social and productive ventures?

For more info, visit the Y2Y Community website.

World Youth in Action

Hello to all readers and followers of the Youthink! blog. My journey as a social entrepreneur started in 2003 while I was pursuing my studies in Business Administration (yes, I am a Business Administrator AND my passion is social impact… that can really happen). As a result of a class assignment, a couple of classmates and I decided to teach people from an underprivileged community how to use a computer and, to do that, we used the computer lab of a public school located in their neighborhood.

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