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The political economy of development
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From The World Bank Group Documents and Reports Archive
World Development Reports

EMBARGOED: Not for news wire transmission, posting on websites, or any other media use until Saturday, September 16, 2006 at 1:00am Washington DC time, which is 1:00pm in Singapore and 5:00 UTC/GMT. See Embargo Policy for penalties for breaking embargoes.

World Development Report 2007
Development and the Next Generation

Urgent Need to Invest More in Developing World's Record Youth Population

SINGAPORE, September 16, 2006 — Developing countries which invest in better education, healthcare, and job training for their record numbers of young people between the ages of 12 and 24 years of age, could produce surging economic growth and sharply reduced poverty, according to a new World Bank report launched at the Bank's Annual Meetings in Singapore.

With 1.3 billion young people now living in the developing world-the largest-ever youth group in history-the report says there has never been a better time to invest in youth because they are healthier and better educated than previous generations, and they will join the workforce with fewer dependents because of changing demographics. However, failure to seize this opportunity to train them more effectively for the workplace, and to be active citizens, could lead to widespread disillusionment and social tensions.

World Development Report 2007: Development and the Next Generation

Part I Why now, and how?

Part II Transitions

Part III Across transitions and next steps


Selected World Development Indicators (various years)

World Development Reports (complete series)
(in construction)

Related themes:
Related themes:
- Agrarian policies
- Agribusiness

- Aid
- Bureaucracy
- Debt
- Decentralization
- Dependency theory
- Development
- Development Economics
- Economic Policies
- Employment/Unemployment
- Foreign Direct Investment
- Gender
- Human Rights
- Human Development
- Hunger
- Inequality/social exclusion
- Informal sector
- International Trade
- Integrated International

- Labour Market
- Microfinance
- Migration
- Poverty
- Privatization
- State/Civil Society/

- Sustainable Development
- Transnational Corporations
- Urbanization

- Complete list of development themes