A new worldwide essay competition will tap into the ideas and energy of the World Economic Forum’s Young Global Shapers Community in order to tackle the growing youth unemployment crisis.

According to the World Economic Forum, the Global Shapers, a worldwide network of people aged between 20 and 30 who have demonstrated huge potential for future leadership, will present their ideas through “The Youth Jobs Innovation Challenge”.

“They will answer the question: What can I and the global community do to create jobs for my generation?,” the Forum stated.

The competition will run until February 20, 2012 and for the prizes, WEF said “the author of the best essay will receive $10,000 and the second and third place winners will be awarded $5,000 and $2,500, respectively.”

Winners will be announced at the WEF on Latin America in Puerto Vallarta, Mexico, in April 2012, it said in a statement, adding, “winners will also present their ideas at the Summit on the Global Agenda in November 2012.”

The idea of an essay competition is the result of a partnership between the International Finance Corporation (IFC) and the World Economic Forum.

By Ekow Quandzie/ghanabusinessnews.com

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