By Jason Gagnon, Head of Unit, Migration and Skills, OECD Development Centre & Jens Hesemann, Senior Policy Advisor, OECD Development Co-operation Directorate/GPP, Crisis and Fragility Team
There are over 100 million forcibly displaced people in the world today – more than ever before. Armed conflicts, like the one in Ukraine, continue to drive more people away from their homes, with most displaced people remaining in limbo for a long time. Low- and middle- income countries (LMICs) host over 80% of the world’s refugees and IDPs. With the right policies in host countries and supportive development co-operation, there is an opportunity to achieve pragmatic interim solutions for the displaced. This can be a win-win for the host communities and displaced populations alike, where socio-economic integration yields multiple benefits.
By Isabel Whisson, Senior Manager, BRAC Ultra-Poor Graduation Initiative and Bill Abrams, Senior Advisor, Leadership Collaborative to End Ultra-Poverty
Successive crises including COVID-19, climate change, conflicts, and the emerging global food crisis will force 75 to 95 million more people into extreme poverty this year compared to pre-pandemic estimates, according to the World Bank. With 700 million people already living in extreme poverty today (back to 2018 levels), people and societies urgently need social protection to cope with economic shocks.
By Miishe Addy, co-Founder and CEO of Jetstream Africa, an e-logistics startup building digital infrastructure for African supply chains.
Growing up, I thought that the women in my family were remarkable. They had strong entrepreneurial instincts, and built businesses from scratch using only their intellect and the resources around them. My eldest aunt founded a thriving restaurant, spun off a catering business, and turned her car into a taxi service while she was at work. Her younger sister founded a crèche and scaled it up to a 200-student primary and secondary school. My great-grandmother, born in the late 1800s, was a self-made businesswoman in Accra and the breadwinner for her family.
By Dr. Sangu J. Delle, Chief Executive Officer, CarePoint and Executive Chairman, Golden Palm Investments Corporation
Africa is the world’s youngest continent, with a median age of 19.7 years. The size of the African population will grow from 1.3 billion people today to 2.5 billion in 2050, when 1 in 4 people will be African. Many scholars have debated whether these projections foretell a demographic dividend or a demographic disaster. The answer will lie in how the continent handles myriad challenges, including climate change, energy poverty, the food crisis, education, healthcare, conflicts and the continent’s massive infrastructure gap.
By Yeo Dossina, Head of Economic Policy and Research, African Union Commission, Arthur Minsat, Head of the OECD Development Centre’s Unit for Africa, Europe and Middle EastandRodrigo Deiana, Consultant, OECD Development Centre
Africa’s value chains hold the key to unlocking its productivity, deepening its economic integration, and strengthening its resilience to shocks. Yet regional value chains accounted for just 2.7% of Africa’s total value chain participation in 2019, compared to 26.4% in Latin America and the Caribbean and 42.9% in developing Asia according to the latest edition of Africa’s Development Dynamics, a joint report by the African Union Commission and the OECD Development Centre.
By Antoine Bonnet, Junior Economist & Alexandre Kolev, Head of Unit, Social Cohesion, OECD Development Centre
Wealthier middle classes are emerging across Asia. While they are highly heterogeneous across the region, their improved economic status could translate into greater ability to engage in public life, exercise voice, and influence decision-making. However, would these middle classes, if truly empowered, push for a policy agenda that is well aligned with the interests of the more fragile communities? Our recent research suggests this cannot be taken for granted.