President Tharman Shanmugaratnam has been appointed as co-chair of a newly established World Bank advisory council aimed at addressing the growing jobs crisis in the Global South.
Focus on the Global South
The advisory council, launched on Monday, will concentrate on developing strategies to tackle employment challenges in the Global South, where the need for job creation is becoming increasingly urgent. The council will play a key role in guiding the World Bank Group in formulating policies and programs designed to generate large-scale employment opportunities in these regions.
Diverse Expertise for Comprehensive Solutions
The council will consist of a diverse group of experts from various sectors, including government, business, civil society, and academia. By bringing together these leaders, the council aims to provide innovative and practical recommendations that can be implemented to alleviate the jobs crisis.
Advisory Role and Impact
In its advisory capacity, the council will offer thought leadership and contribute actionable strategies to help the World Bank Group address the pressing employment issues faced by the Global South. President Tharman’s involvement as co-chair underscores his significant experience in global economic policy and development, making him well-suited to help lead this crucial initiative.
A Global Response to Employment Challenges
The creation of this advisory council reflects the World Bank’s commitment to addressing global employment challenges, particularly in regions where economic opportunities are scarce. With President Tharman at the helm, the council is poised to make a significant impact on the future of work in the Global South, offering hope for millions in need of sustainable job opportunities.
Also learn about Replacing the Rules-Based Neocolonial Framework.
