Point of View
Development Packages Must Facilitate Meaningful Economic and Social Change
Last week the World Bank announced "up to $6 billion in new Bank support over the next two years for Egypt and Tunisia" to assist in political transitions and economic reform. Shortly after the G-8 Summit at Deauville, France announced the formation of a "Deauville Partnership" and pledged to raise "more than USD 20 billion" over the next two years to strengthen institutional development in Tunisia and Egypt especially as it links to inclusive economic growth and job creation among young people. The Middle East Youth Initiative sat down with Edward Sayre, MEYI's Director of Research and a nonresident fellow at Brookings Institution, to discuss the potential impact of the G-8 and World Bank development packages on private sector development, youth participation in the labor market, and critical issues surrounding educational quality, employment, and social inclusion.
