Wassim, Nathalie, and Imad; three individuals who were pushed out of work by the deteriorating economic conditions in Lebanon. Tens of thousands of people like them have been suffering daily for the past 3 years living from paycheck to paycheck up until they were forced out of it (work). Lebanon has witnessed what no other country has. Unemployment rates doubled in only a decade, COVID-19 took out thousands, and inflation bankrupted hundreds of businesses.
According to Okun, a very low or negative growth in GDP leads to a rise in unemployment. By observing this visual, we can see how unemployment skyrocketed while GDP growth took a deep dive. Comparing the years 2008 and 2009, GDP growth increased 10.23 percentage points while unemployment rates decreased by 6.35 percentage points. We can conclude an inverse correlation between GDP growth and unemployment. Another observation is that between years 2020 and 2021, GDP growth increased by almost 15 percentage points. Despite this growth, unemployment remains significantly high at 14.49 percentage points. Importantly, this project is action-oriented in that it shows the nexus between unemployment and GDP growth #SDG8, which are intrinsic to an economy, from more “policy-driven” factors that can be addressed, improved or mitigated.
Here, a question rises? What is the cause for the disproportionality between GDP growth and unemployment rates? There are 3 possible causes for its inverse relation:
• The decrease of Foreign Direct Investment (FDI) which reached 3.98 percentage points in 2019 due to the lack of security and political tension
• Another possible cause is the low diversification in economic sectors due to scarcity of resources. Looking at this visual, we can see the focus of employment shift mainly to the service industry which witnessed an increase by 65.10 percentage points while the agricultural and industrial sectors are left behind increasing by under 30 percentage points in 2019.
• The third and final possible cause is the over-dependence on food and fuel imports. Lebanon possesses the second highest food and energy imports in 2019.
What should be done?
Drawing upon decades of empirical literature on drivers and predictors of lack of growth, this project proves Okun’s law using visualizations for the case of Lebanon. According to International Labor Organization (ILO), not just growth, but quality of growth is the key anchor in the SDGs 2030 agenda. Sustainable economic growth will require societies to create the conditions that allow people to have quality jobs that stimulate the economy while not harming the environment.
1. Creating greater opportunities for women and men to secure decent employment and income. Closing the employment gap is at the heart of the decent work agenda, this can be through promoting voluntary private initiatives and corporate social responsibility.
2. Instating policies to enhance knowledge, skills and employability for men and women since gender remains a source of labor market inequalities and inadequately utilized human resources. Women continue to be employed in a narrower range of occupations than men and to be concentrated in lower-paid, insecure, and unprotected jobs.
3. Promoting employment through reconstruction and employment-intensive investment.
4. Increasing access to financial services to manage incomes, accumulate assets and make productive investments.
Findings and Recommendations
A shift in economic thinking and planning towards economic structural transformation is necessary for the Arab region to develop on SDG 8 (ESCWA, 2021). The post-pandemic SDG agenda must leverage the lessons learnt to reinforce national social safety nets and employment policies. This strengthens economic resilience and allows developing countries to absorb shocks. A continued lack of decent job opportunities, insufficient investments, and under-consumption slows down economic growth. The average growth rate GDP is increasing after the pandemic; however, it still did not reach pre-pandemic levels of growth and developing countries such as Lebanon are moving farther from the 7% growth rate set for 2030. Therefore, as labor productivity decreases driven by low productivity and unemployment rate rises, standards of living decreases and overall economic growth decreases.
Governments must join forces and formulate policies to promote better job opportunities through active labor market programs, corresponding to important SDGs: Economic Growth and Decent Work, as well as Partnerships to Achieve the Goals.
Sustainable economic growth will require societies to create the conditions that allow people to have quality jobs that stimulate the economy while not harming the environment. Job opportunities and decent working conditions are also required for the whole working age population. There needs to be increased access to financial services to manage incomes, accumulate assets and make productive investments. Increased commitments to trade, banking and agriculture infrastructure will also help increase productivity and reduce unemployment levels in the world’s most vulnerable regions.#SDG8 #SDG16
Lebanon has been historically exporting skilled workers to many regions in the world including Gulf, Africa, Europe, and North America. For more than 10 years, the Unemployment rate in Lebanon has been increasing to reach 11.35% in 2019 (from 6.35% in 2009). Since the Economic crisis in 2019, the rate has dramatically increased to reach 14.5% in 2021.
To dig deeper into unemployment in Lebanon we can see that the citizens with advanced education (holders of a university degree or above) are prone more to unemployment, in comparison to intermediate (secondary schooling) and basic education (primary schooling or below).
So what can we do to solve this?
It is worth mentioning that since the economic crisis in Lebanon in 2019 followed by the COVID-19 pandemic, the Lebanese economy deteriorated severely leading to the closure of many companies and establishments or downsizing in the terms of employees and costs.
Note that among the 3 sectors (services, industry, and agriculture), the services sector was the most to hold the burden of this economical crisis, especially for the restaurants, hotels, banks, and retail traders,…
The employment breakdown as per sector shows that the service sector retained the most employment over years, in contrast to agriculture which only received 11.32% of total employment in 2019.
Therefore, we should try to shift the load of the employment to the other sectors in Lebanon (industry and agriculture) by encouraging the highly educated persons to start their own businesses in this area, which will then lead to more employment from the less educated in these 2 fields.
This will not be attainable unless the government and international entities start incentivizing the youth by providing the below:
Access to finance (through long-term small loans at a minimized rate of interest)
Access to knowledge (by providing proper training to the youth in management and technical expertise)
Access to market (by providing the connections to the youth to sell their products through)
To note that some initiatives from the public have been launched to provide one or more of the above-mentioned, however, the government hasn’t yet started any steps to help.
Global warming is a critical problem facing our planet today causing us natural disasters, diseases and deaths in the present and potential destruction of the planet in the future.
Problem Evidence:
Indicators show global warming is intensifying
After studying different parameters, we can clearly see that everything that causes global warming is in an upward trend and just increasing with time. Toxic gases such as CO2, greenhouse gases and other hazardous materials are increasing in intensity.
This results in complicating the global warming issue more and more with no serious actions taken into consideration.
Looking for solutions:
Working on reducing global warming’s main causes
After studying the different industries that produce the main polluting gases, we could then point our fingers at what industry causes the most damage to our planet.
Therefore, after dissecting the problem we could start taking actions focusing on the most harmful industries.
Solution Details:
Setting regulations on main causes
Using the data infront of us we could say that liquid fuel which is mainly used in energy sectors is the greatest cause of CO2 emissions, followed by emissions from electricity and heat production.
Knowing that we should definitely start investing more in green energy instead of liquid fuel consumption and also setting new regulations to organize these sectors.
Solution Validation:
Decreasing pollution as a result
Taking such actions will result in decreasing the harm caused by these gases and chemicals.
Controlling the industries is thus attained and will have a great impact for the future of the planet.
Recommendations:
Better future for the planet!
True colour satellite image of the Earth showing Asia, half in shadow, with cloud coverage, and the sun. This image in orthographic projection was compiled from data acquired by LANDSAT 5 & 7 satellites., Globe Showing Asia, True Colour Satellite Image (Photo by Planet Observer/Universal Images Group via Getty Images)
As a result of the set regulations and switch to more sustainable energy our planet would witness less diseases and pollution in the near future. Also the planet would be preserved for the long run.
We often tend to forget that the water cycle and the life cycle are one. Millions of women and children spend 3 – 6 hours collecting water from distant polluted sources daily and 2.1 billion people do not have access to clean and safe drinking water. We live in a world where half the hospital beds are employed by patients who suffer from diseases associated with lack of access to clean water where 3.4 million people die each year.
Access to clean water in Africa on Non-Profit Organizations that offer the country a well to be used by every institution that surrounds it. Therefore, “How Can We Make Water Available for All?” is a very important topic that is being addressed through the Sustainable Development Goals.
In the heat map below, we can see that Europe and Central Asia in addition to the Arab World have more access to the least basic drinking water services in comparison to Western and Central Africa.
It is also evident in the visual below that throughout the years, countries from all around the world increased their intake of their basic drinking water services except African countries who show a slight improvement.
It is important to note that for you to be able to visualize the changes throughout the years, you need to press on the button at the bottom of the visual!
However, with the slight improvements in a few countries, we can still find that other countries (such as the Central African Republic) are still experiencing a decrease on the matter.
It is said that “Thousands have lived without love, not one without water.” – W.H Auden
With all these problems being evident, one has to call for action. One of the solutions that have been implemented and has to remain active is increasing the public private partnerships investment in water and sanitation throughout the years (in $US).
This solution has helped increase the access of countries to clean water throughout the years and will continue to do so if implemented more often.
HOW CAN YOU HELP
You can help by donating to NGOs that offer help on the matter. Some examples on the NGOs include: Just a Drop and Planet Water Foundation. Donations can happen through
Electricity is essential for reducing poverty, boosting the economy, and raising living standards. Therefore, a crucial social and economic indicator is the proportion of the population who have access to electricity.
Over the past few decades, the proportion of people with access to electricity has been rising gradually on a global scale. Around 71% of people worldwide had access in 1990; by 2016, 87% of people had access. This indicates that in 2016, 13% of the world’s population lacked access to electricity.
High-income nations or those considered developed by the UN are presumed to have 100% electrification as of the year they were classified as such. While most nations are on an improving trend, a few are still seriously trailing. Significant access expansion will continue to be a difficult task for several nations over the coming decades, particularly in Africa due to the poverty level.
Find below a map representing the electricity around the world.
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Modern society depends on reliable and affordable energy services to function smoothly and to develop equitability. Intensive development patterns have historically relied on inexpensive and energy-dense fossil fuels such as nuclear energy which increased through the years. On comparison, the electricity from renewable energy was very low and wasn’t used effectively.
The best way to tackle the problem and to follow the SDG 7 is to use more renewable energy and this can be done through:
By making investments in neighbourhood infrastructure to create accessible energy services, you can guarantee that all workers and their families have access to a dependable and inexpensive supply of energy.
Ensure that all your operational electricity needs are met by renewable energy.
Ipa
Companies have the chance to invest in and train women to become renewable energy entrepreneurs because women often consume most of the energy at the household level.