Ajay Banga

THE WRITER IS PRESIDENT OF THE WORLD BANK GROUP

Engineers work on a rocket engine in Zhejiang, China. The expected global job deficit in 10 to 15 years' time is not only a development issue, but also an economic and national security challenge, says the writer.
THE BOTTOM LINE

How to create jobs for the world’s 1.2 billion new workers

With only about 400 million jobs expected to be generated, we face a gap of staggering proportions