Global economic growth in 2016 is estimated to stand at 3.2 per cent, 0.4 percentage points lower than the figure predicted in late 2015. The downward revision is a result of recessions that were deeper than expected in some key emerging commodity-exporting countries, including Argentina, Brazil and the Russian Federation. In addition, growth in developing countries, at only 4.2 per cent in 2016, is at its lowest level since 2003. Despite anticipation of a slight improvement in global growth for 2017,
global investment and hiring decisions remain subdued in the face of the uncertainty generated by a rapidly changing environment. Consequently, the global youth unemployment rate is on the rise after a number of years of improvement,
and is expected to reach 13.1 per cent in 2016 (from 12.9 in 2015). This is very close to its historic peak in 2013 (at 13.2 per cent) and where it is expected to remain in 2017. As a result, after falling by some 3 million between 2012 and 2015, the number of unemployed youth globally will rise by half a million in 2016 to reach 71 million and will remain at this level in 2017.
The Global Wage Report 2014/15 presents both the latest trends in average wages and an analysis of the role of wages in income inequality. The first part of the report shows that global wage growth in recent years was driven by emerging and developing economies, where real wages have been rising since 2007 although wage growth slowed in 2013 compared to 2012. In developed economies, wages generally remained stagnant in 2012 and 2013, and in a number of countries wages remained below their 2007 level. These trends are a matter of concern.Download: English | Khmer
Cambodia has a young population with 39 per cent of the population in 2004 below 15 years of age, down from 43 per cent in 1998. By 2004 the dependency ratio showing the children and elderly as a percentage of the intermediate group was 74 per cent.1 Youth aged 15–24 represented 22 percent of the population that year. Large numbers of young people are entering
the labour force as a result of a baby boom in the 1980s. Measures must be taken to ensure that youth do not add to underemployment in the countryside or lead to higher rates of urban unemployment but instead contribute to growth and development through productive employment.
Youth Star Cambodia and United Nations Volunteers Cambodia commissioned a research project on volunteers and their contribution to national development. While volunteers are widely present in development, there is little current information that assesses their contributions. The research project began in December 2007, and the fieldwork concluded at the end of February 2008.
The aims of the research were to:
1. get a clear picture of the current volunteer infrastructure and environment in Cambodia, including the profiles of volunteers, their communities and their projects;
2. provide recommendations on how opportunities for Cambodians to volunteer can be increased and a clear understanding of the needs within volunteering organisations;
3. explore ways in which volunteerism can be better integrated and linked to national development objectives and initiatives;
4. provide recommendations on how donor support could be better targeted to increase volunteer participation in sustainable development.
This Outcome Report summarizes presentations, panel discussions and small group discussions undertaken during the 2014 Post-Universal Periodic Review National Consultation organized by CCHR and the Office of the United Nations High Commissioner for Human Rights (“OHCHR”) in Cambodia.Download: English | Khmer