In August 1971, President Richard Nixon, without any international consultations, launched what became known as the Nixon Shock. He broke the link between gold and the US dollar, thereby ending the international monetary system established in 1944.
International experience shows that well-designed TVET systems can reduce youth unemployment, raise female labour force participation, and support economic diversification.
Analyses have flagged the potential for El Niño to push food inflation into double digits in import-dependent economies, compounding pressures on households still recovering from earlier crises.
International experience shows that well-designed TVET systems can reduce youth unemployment, raise female labour force participation, and support economic diversification.