But policymakers have done relatively little to address the problem. The world now risks creating what the International Labor Organization has called a “lost generation,” with global youth unemployment expected to reach 13% by 2018.
Mark Esposito is a member of the teaching faculty at Harvard University Extension School, an associate professor of business & economics at Grenoble Graduate School of Business in France, and a senior associate at the University of Cambridge-CISL in the UK. He has advised the President of the European Parliament, Martin Schulz (Re-elected) on the systemic nature of the EU crisis and serves as cross-theme contributor to the World Economic Forum’s reports on Innovation Driven Entrepreneurship in Europe. Twitter @Exp_Mark.
(Wikipedia - On July 1, 2014, Martin Schulz was re-elected as European Parliament President )
Terence Tse, an associate professor of finance at ESCP Europe, is the head of competitiveness studies at the i7 Institute for Innovation and Competitiveness.