Contemporary economic
science has already scientifically proved it - investment in knowledge
is the most profitable and propulsive investment at all; therefore,
investment in Youth and new technologies is a conditio sine qua non
for any socio-economic system that wants to develop in a sustainable
manner. Be it agriculture or e-banking, new knowledge and new technologies
are key vehicles of development and socio-economic growth, and young poeple are always their best promotors and developers! Innovative
and revolutionary "by nature of age", Youth are generators of development,
creators and producers of integral socio-economic benefits on large
scale and best catalysts of sustainable socio-economic processes in
general. Therefore, the key long-term economic development foundation
of every society is its Youth, and therefore state-of-Youth is always
the right reflexion of the related state-of-society in general.
Instead of considering
Youth as "their parents' problem", contemporary state (society) should
consider Youth as a key development resource. Therefore, state, local
and international Direct Youth Investment (starting from the earliest
childhood) is a "must" for today's disintermediation socio-economic
trends, and combined with current securitization economic trends,
it sums up that State Youth Bonds (on regional level Regional Youth
Bonds; on global level Global Youth Bonds) are the best road-maps
for real financial sovereignty capacity-building of young people.
In that way, by promoting Culture of Youth Savings through DYI, young
people are being introduced to the world of economy on solid and "sovereign"
economic grounds (without possibility for authorities of any kind
of interferring into their economic, cultural, social or political
decisions).
Youth banking
therefore urges for new roles of traditional pillars of socio-economic
systems:
National government
- development of national youth banking regulatory setting and legal
framework
National private business sector - economic support, especially
human resources and R&D departments
National Civil Society sector - networking, synergitic capacity-building
of National Youth Employment Network
International institutions and organizations - development
of Direct Youth Investment implementation road-maps; legal support
International economy sector - economic empowerment, especially
marketing and development departments
Global Civil Society - cross-border networking; inter-organizational
empowerment and support; implemmentation of global Youth Employment
Network
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