Opinion. Prospects for rural areas
There will be about 600 million young people around the world looking for work by the year 2030; one out of three will be African. The unemployment rate among young people is two or three times higher than average and many of them live in rural regions of developing countries. According to estimates from the World Economic Forum, economic growth in the agricultural sector reduces poverty eleven times more than growth in other areas. In this regard, investments in sustainable small-scale agriculture such as small and medium-sized enterprises offer great potential.
Civil society organisations such as Welthungerhilfe can create new and better income-generating opportunities to contribute to economic development in rural areas. The aim of economically-oriented engagement is to ensure that the work that has been done so far is becoming more sustainable and effective. Besides creating new opportunities to react more flexibly to challenges in a fast-moving and globalised world, new ways of financing with expansion of instruments can be used. As an advocate of those in hunger and poverty with an increased focus on economic approaches and actors, Welthungerhilfe must also ensure that ethical and development-oriented guidelines are observed in its own work as well as in cooperations.