GHANA ' S JOBLESS GENERATION
From a labor market perspective, Rolf Dorig, Chairman of Adecco Group, and the Brookings Institution’ s Kemal Dervi agree on the importance of guarantee schemes to ensure that young people obtain a job or training and mentoring soon after graduation. To this end, the Bertelsmann Stiftung’ s Justine Doody and Daniel Schraad-Tischler argue that governments should end the labor-market dualism that limits young people’ s ability to move from temporary work to permanent employment( Campanella, 2016).
Perhaps, most importantly, young people need to be empowered. In graying societies, lowering the minimum voting age to 16 or capping the age of parliamentarians at 65 might be acceptably“ soft” ways to dilute the power of older generations.
If one thing is clear, it is that a new social contract between generations is needed to rejuvenate economic dynamism and growth. Equally important, if the marginalization of young people becomes irreversible, they will exercise exit, voice, and loyalty in ways that are more likely to be destabilizing than inspiring( Campanella, 2016). Ghanaian youth must rise up and fight for their voice to be heard in policy formulation and implementation. They need to fight for empowerment and participation in decision making. They need to vote based on issues that will improve their future prospects.
THE IMF PROGRAMME IS COMPELLING GOVERNMENT TO RESORT TO EXCESSIVE TAXATION IN ORDER TO MAKE MORE REVENUE.
2016 | Business Times Africa 57