The pandemic is pushing the world into the worst global economic crisis since the Great Depression. Globally, 61 per cent of all workers were engaged in informal employment in 2016. The slowdown represents a negative development for the global economy, with adverse effects on living standards and real wages. One of the major recent achievements in sustainability has been the adoption of Agenda 2030 and the Sustainable Development Goals.Do you know what they are and how they how they were born? <br> Number of commercial bank branches and automated teller machines (ATMs) per 100,000 adults, Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider. Source: Report of the Secretary-General, The Sustainable Development Goals Report 2018. Growth in labour productivity in developing regions far outpaced that of developed regions, especially in Asia. Since the global economic downturn of 2009, labour productivity (measured as GDP per employed person) has been increasing in the world, recording positive annual growth rates consistently since 2010. 2018, Special edition: progress towards the Sustainable They balance the economic, social and ecological dimensions of sustainable development, and place the fight against poverty and sustainable development on the same agenda for the first time. Sustainable development is a way for people to use resources without the resources running out. Between 2010 and 2015, labour productivity grew by 0.9 per cent per year, on average, in developed regions, while rising by 6.7 per cent per year, on average, in Eastern Asia, the region with the fastest growth. Based on data for 62 countries, the median hourly gender pay gap stood at 12 per cent. It means doing development without damaging or affecting the environment. The Sustainable Development Goals (SDGs) or Global Goals are a collection of 17 interlinked global goals designed to be a "blueprint to achieve a better and more sustainable future for all". Youth are three Access to financial services through automated teller machines increased by 55 per cent worldwide from 2010 to 2015. Youth were almost three times as likely as adults to be unemployed, with unemployment rates of 12.8 per cent and 4.4 per cent, respectively, in 2016. Commercial bank branches grew by 5 per cent during the same period, with the lower growth explained by increased digital access to financial services. in Rio in 1992, offered a perfectly good program, and the world would be a significantly better place had we genuinely Lower-middle-income countries received 37.5 per cent of aid for trade, followed by least developed countries (36.8 per cent). M.B.A BHOPAL 2. Across all regions, women lag behind men in this regard. Source: Report of the Secretary-General, Special edition: progress towards the Sustainable Development Goals. Author: Marina Gurbo - Independent Consultant, Supporting the Implemention of UN Sustainable Development Goals in Georgia project Why are Sustainable Development Goals important? Based on data for 62 countries, the median hourly gender pay gap stood at 12 per The term used by the Brundtland Commission defined it as development with sustainability that "meets the needs of the present and also compromising the ability of future generations to meet their own needs." $23.1 billion. The average annual growth rate of real GDP per capita worldwide was 1.6 per cent from 2010 to 2015, compared to 0.9 per cent in 2005-2009. The unprecedented shock to the world’s labour markets is expected to result in a decrease of around 10.5 per cent in aggregate working hours in the second quarter of 2020, equivalent to 305 million full-time workers. Based on recent data from some 55 countries, a median of 3 deaths occurred per Many workers around the world are exposed to undue risks in their workplaces. In 2014, aid for trade assistance was $54.8 billion, an increase of almost 120 per cent over the period from 2002 to 2005. In 2019, the global unemployment rate stood at 5 per cent, with the highest rate, 11 per cent, in Northern Africa and Western Asia. employees. <br> Proportion of youth (aged 15-24 years) not in education, employment or training, Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms, Proportion and number of children aged 5‑17 years engaged in child labour, by sex and age. Show More. In 2015, the average worker in developed regions produced 23 times the annual output of an average worker in sub-Saharan Africa (which has the lowest labour productivity in developing regions), and 2.5 times that of an average worker in Western Asia (which has the highest labour productivity in developing regions). The global unemployment rate stood at 5.7 per cent in 2016, with women more likely to be unemployed than men across all age groups. Why Is Early Childhood Education Important? professional occupations, among workers in crafts and related trades and among A total of 146 developing countries received aid for trade assistance in 2014, with lower-middle-income countries receiving 39.4 per cent of the total, the least developed countries receiving 26.3 per cent and upper-middle-income countries receiving 19 per cent. This is a great achievement, not only for the United Nations, but for human beings, for the globe.” Informal employment, which has an impact on the adequacy of earnings, More than these pious definitions, it is important to understand the political content of sustainable development. Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries, Annual growth rate of real GDP per capita, Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors, Annual growth rate of real GDP per employed person, Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services, Proportion of informal employment in non‑agriculture employment, by sex, Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10-year framework of programmes on sustainable consumption and production, with developed countries taking the lead, Material footprint, material footprint per capita, and material footprint per GDP, Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP, By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value, Average hourly earnings of female and male employees, by occupation, age and persons with disabilities, Unemployment rate, by sex, age and persons with disabilities, By 2020, substantially reduce the proportion of youth not in employment, education or training, Proportion of youth (aged 15-24 years) not in education, employment or training, Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms, Proportion and number of children aged 5‑17 years engaged in child labour, by sex and age, Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment, Frequency rates of fatal and non-fatal occupational injuries, by sex and migrant status, Increase in national compliance of labour rights (freedom of association and collective bargaining) based on International Labour Organization (ILO) textual sources and national legislation, by sex and migrant status, By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products, Tourism direct GDP as a proportion of total GDP and in growth rate, Number of jobs in tourism industries as a proportion of total jobs and growth rate of jobs, by sex, Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all, Number of commercial bank branches and automated teller machines (ATMs) per 100,000 adults, Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider, Increase Aid for Trade support for developing countries, in particular least developed countries, including through the Enhanced Integrated Framework for Trade-Related Technical Assistance to Least Developed Countries, Aid for Trade commitments and disbursements, By 2020, develop and operationalize a global strategy for youth employment and implement the Global Jobs Pact of the International Labour Organization, Total government spending in social protection and employment programmes as a proportion of the national budgets and GDP, was reviewed in-depth at the High-level Political Forum of, Employment, decent work for all and social protection, The Sustainable Development Goals Report Despite rapid growth in some developing regions, labour productivity remains far higher in the developed regions. less than the 3 per cent rate attained in 2010 and slightly higher than the 2015 Early childhood education is a term that refers to the period of time from a child’s birth to when they enter kindergarten, according to Dr. Jessica Alvarado, academic program director for the BA in Early Childhood Development at National University. They pair with other students to research an environmental issue and solution that has the least impact on the environment. While economic growth and employment are important for economic security, access to financial services is an essential component of inclusive growth. cent. sector ($1.7 billion), the industry sector ($1.0 billion) and in banking and This is significantly less than the 3 per cent rate attained in 2010 and slightly higher than the 2015 rate of 1.63 per cent. Unemployment affects population groups differently. pre-crisis levels. Sustainable Development 4. There is a stark gender difference. Sustainable Development Goal 8 Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all Progress & Info (2019) 1.3. In almost all regions, the rate of youth unemployment is more than twice that of adults. Between 2011 and 2014, the proportion of the world’s adult population with an account at a financial institution or a mobile money service provider increased from 51 per cent to 62 per cent, meaning that 700 million adults became account holders during this period. Students investigate consumer choice and how it impacts the environment. in terms of the gender pay gap), promote safe and secure working environments, and Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all After a brief interruption during the global economic downturn of 2008–2009, labour productivity has continued to grow; in 2019, it increased by 1.4 per cent from the previous year. Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment crisis. More progress is needed to In 2018, one fifth of the world’s youth were not in education, employment or Labour productivity (measured by GDP per worker) spurs economic growth. And in too many places, having a job doesn’t guarantee the ability to escape from poverty. Our research shows (PDF download, 0.8 MB) that this improves academic skills, helps learners’ mental and moral development and motivates them. Globally, labour productivity has increased and the unemployment rate has decreased. A fundamental component to water conservation strategy is communication and education outreach of different water programs. Moreover, in more than 76 per cent of countries with data, more than 1 in 10 youth are neither in the educational system nor working. In 2017, the global growth rate of real GDP per capita was 1.9 per cent and is expected to remain at about 2 per cent from 2018 to 2020. Owing to the unemployment and underemployment caused by the current crisis, some 1.6 billion workers in the informal economy, half of the global workforce, are affected significantly. Real GDP growth rate for least developed countries is expected to increase from 4.5 per cent in 2017 to 5.7 per cent in 2020, which is less than the 7 per cent envisioned by the 2030 Agenda. person in constant 2005 US dollars, grew by 2.1 per cent in 2017. Labour productivity at the global level, measured as output produced per employed Section 2 is concerned with definitions. Globally, 61 per cent of all workers were engaged in informal employment in 2016. Evolution of SD Concept: 7. Increasing labour productivity, reducing the unemployment rate, especially for young people, and improving access to financial services and benefits are essential components of sustained and inclusive economic growth. 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