Guest Opinion: How to create jobs for the world's 1.2 billion new workers, by Ajay Banga

Guest Opinion: How to create jobs for the world's 1.2 billion new workers, by Ajay Banga

The world moves on different wavelengths. Some are high-frequency shocks — wars, emerging technologies, market panics — that spike quickly and dominate our attention. Others are low-frequency forces that move slowly but relentlessly: demographics, globalization, water and food scarcity.

How to create jobs for the world's 1.2 billion new workers

With 1.2 billion young people entering the workforce in developing countries, strategic investments in skills, infrastructure, and private sector growth are essential to turn a looming jobs gap into a powerful engine for global prosperity and stability.