A promising population of young, skilled workers might be what low and middle income countries (LMICs) need to stimulate their economies, but the lack of domestic opportunity or proper utilization of the workforce may compel workers to apply themselves abroad, leaving behind derelict economies with little hope of recovery. The Boost Africa program aims to prevent such a scenario. Providing training and resources to skilled workers in the realms of entrepreneurship, business funding, capital, and guidance in establishing thriving operations in African countries, the program hopes to stimulate vital sectors – healthcare, agriculture, renewable energy, education – and generate economic stability. The choice to prioritize the complete actualization of the domestic workforce is one of significant impact, and in adherence with the tenets of SDG 1 (No Poverty) and SDG 8 (Decent Work and Economic Growth).

Through direct engagement with workers and by implementing broader, systemic changes, the following GlobalWA members demonstrate the vitality of investing in the enrichment and education of the workforce.

Stimulating a Workforce: Direct Engagement

Broad-spectrum systemic changes comprise the strategic cornerstones of global socio-economic development. Multinational corporations (MNCs) employ several noteworthy strategies to generate multi-sector transformation in how transnational commercial operations are conducted – and, in turn, how the workforces of LMICs involved with these entities are impacted.

Through direct engagement with workers and by implementing broader, systemic changes, the following GlobalWA members demonstrate the vitality of investing in the enrichment and education of the workforce.

Stimulating a Workforce: Direct Engagement

Broad-spectrum systemic changes comprise the strategic cornerstones of global socio-economic development. Multinational corporations (MNCs) employ several noteworthy strategies to generate multi-sector transformation in how transnational commercial operations are conducted – and, in turn, how the workforces of LMICs involved with these entities are impacted.

Climate Change: A Necessary Acknowledgement

Beyond digital innovation and infrastructure development, broader systemic changes impact the job market in different ways. Save the Children International spotlights climate change as a pivotal factor in determining the potential for workforces in LMICs across the world. In climate-sensitive sectors such as energy, transportation, water, and construction, climate-resilient infrastructure is identified as essential groundwork for a robust and adaptable workforce that can withstand the rapid impacts of accelerating climate change. Theoretical investments in the energy sectors of LMICs, while promising increased workforce productivity through reliable electricity, safe and consistent access to clean water, and refrigeration for food and medical supplies, come at the price of heavy environmental impacts. A shift toward renewable energy is deemed essential, encouraging with it a far-ranging implementation of sustainability practices – for both ecological and socio-economic development. To that end, the following GlobalWA members demonstrate hands-on approaches to address specialized issues in sectors across LMICs that have significant environmental and societal impact.

Read the full article about the underutilized workforce by Aneesh Chatterjee at Global Washington.