Roughly half the world’s population still lives on the equivalent of about US$2 a day with global unemployment rates of 5.7% and having a job doesn’t guarantee the ability to escape from poverty in many places. This slow and uneven progress requires us to rethink and retool our economic and social policies aimed at eradicating poverty.
A continued lack of decent work opportunities, insufficient investments and under-consumption lead to an erosion of the basic social contract underlying democratic societies: that all must share in progress. Even though the average annual growth rate of real GDP per capita worldwide is increasing year on year, there are still many countries in the developing world that are decelerating in their growth rates and moving farther from the 7% growth rate target set for 2030. As labor productivity decreases and unemployment rates rise, standards of living begin to decline due to lower wages.
Sustainable economic growth will require societies to create the conditions that allow people to have quality jobs that stimulate the economy while not harming the environment. Job opportunities and decent working conditions are also required for the whole working age population. There needs to be increased access to financial services to manage incomes, accumulate assets and make productive investments. Increased commitments to trade, banking and agriculture infrastructure will also help increase productivity and reduce unemployment levels in the world’s most impoverished regions.
Read more about >>Source of selection criteria >>((("economic growth" OR "economic development policy" OR "employment policy" OR "inclusive economic growth" OR "sustainable growth" OR "economic development" OR "economic globalization" OR "economic globalisation" OR "economic productivity" OR "low-carbon economy" OR "inclusive growth" OR microfinanc* OR microfinanc* OR micro-credit* OR microcredit* OR "equal income" OR "equal wages" OR "decent job" OR "decent jobs" OR "quality job" OR "quality jobs" OR "job creation" OR "full employment" OR "employment protection" OR "informal employment" OR "precarious employment" OR "unemployment" OR "precarious job" OR "precarious jobs" OR microenterprise* OR micro-enterprise* OR "small enterprise" OR "medium enterprise" OR "small enterprises" OR "medium enterprises" OR "small entrepreneur" OR "starting entrepreneur" OR "medium entrepreneur" OR "small entrepreneurs" OR "medium entrepreneurs" OR "starting entrepreneurs" OR "social entrepreneurship" OR "safe working environment" OR "labor market institution" OR "labor market institutions" OR "labour market institution" OR "labour market institutions" OR "forced labour" OR "forced labor" OR "child labour" OR "child labor" OR "labour right" OR "labor right" OR "labour rights" OR "labor rights" OR "modern slavery" OR "human trafficking" OR "child soldier" OR "child soldiers" OR "global jobs" OR "living wage" OR "minimum wage" OR "circular economy" OR "inclusive economy" OR "rural economy" OR "Foreign Development Investment" OR "Aid for Trade" OR "trade unions" OR "trade union" OR "working poor" OR "Not in Education, Employment, or Training" OR "carbon offset" OR "carbon offsetting" OR "carbon offsets" OR "offset project" OR "offset projects" OR "economic diversification" OR "material footprint" OR "resource efficiency" OR ( "cradle to cradle" AND "economy" ) OR "economic decoupling" OR "labour market disparities" OR "sustainable tourism" OR "ecotourism" OR "community-based tourism" OR "tourism employment" OR "sustainable tourism policy" OR "financial access" OR "financial inclusion" OR "access to banking" ) AND NOT "health") OR (("ekonomisk tillväxt" OR "ekonomisk tillväxtpolicy" OR "anställningspolicy" OR "inklusiv ekonomisk tillväxt" OR "hållbar tillväxt" OR "ekonomisk utveckling" OR "ekonomisk globalisering" OR "ekonomisk globalisering" OR "ekonomisk produktivitet" OR "low-carbon ekonomi" OR "inklusiv tillväxt" OR mikrofinans* OR mikrokredit* "jämlik inkomst" OR "jämlika löner" OR "schyssta jobb" OR "hederliga jobb" OR "kvalitetsjobb" OR "jobbskapande" OR "full sysselsättning" OR "sysselsättningsskydd" OR "informell anställning" OR "osäker anställning" OR "arbetslöshet" OR "osäkra jobb" OR "prekära jobb" OR mikroföretag* OR "småföretagande" OR "medelstora företag" OR "småföretag" OR "medelstora företagande" OR "entreprenör" OR "startup entreprenör" OR "medium entreprenör" OR "småentreprenör" OR "mediumentreprenör" OR "startup entreprenörer" OR "socialt företagande" OR "socialt entreprenörskap" OR "säker arbetsmiljö" OR "arbetsmarknadsinstitutioner" OR "arbetsmarknadsinstitution" OR "påtvingat arbete" OR "tvingat arbete" OR "barnarbete" OR "arbetsrätt" OR "arbetsrättigheter" OR "modernt slaveri" OR "mänsklig trafficking" OR "människo trafficking" OR "barnsoldat" OR "barnsoldater" OR "globala jobb" OR "levande lön" OR "minimumlön" OR "cirkulär ekonomi" OR "inklusiv ekonomi" OR "landsbyggdsekonomi" OR "utländsk utvecklingsinvestering" OR "handelsstöd" OR "fackföreningar" OR "fackförening" OR "arbetande fattiga" OR "ej i utbildning eller anställning" OR "neet" OR "carbon offset" OR "carbon offsetting" OR "carbon offsets" OR "offset project" OR "offset projects" OR "ekonomisk diversifiering" OR "materiella footprint" OR "resource efficiency" OR ( "cradle to cradle" AND "economy" ) OR "economic decoupling" OR "labour market skillnader" OR "hållbar turism" OR "ekoturism" OR "samhällsbaserad turism" OR "turismanställning" OR "hållbar turismpolicy" OR "tillgång till finansiering" OR "finansiell inklusion" OR "banktillgång" ) AND NOT "hälsa")) 
