Economic Development | Sixth Degree

Economic Development

Creating growth and prosperity in a world that is changing by the day. Catalyzing economic development strategies tailored to unique and individual needs

To promote broad-based economic development, Sixth Degree focuses on vital factors such as infrastructure, entrepreneurship, and access to capital, while advocating for inclusive policies to overcome systemic barriers and ensure prosperity for all.

Globally, over 600 million individuals aged 15 to 24 are neither enrolled in education nor engaged in employment or training, with an additional 75 million young people having received training but lacking employment opportunities. Over the next decade, more than 1 billion young individuals will enter the labor market, with 90 percent of them in developing nations.

Simultaneously, around half of current work tasks are susceptible to automation. While new prospects will arise, they will be dispersed across various companies, industries, and regions. To meet this challenge, global economies must generate jobs at a rate five times faster than current levels, while also prioritizing sustainability and equitable distribution.

We specialize in assisting organizations and governments to navigate this transition and the rapid pace of change. We develop customized programs aimed at accelerating innovation and fostering job creation, growth, and resilience. Through these efforts, we aim to enhance economic and social well-being, while also creating employment prospects for the upcoming generation of job seekers.

How we help clients

Government
delivery

Engaging in the design or enhancement of delivery systems and operational units is crucial for accelerating implementation and fostering a culture of performance within governments. By optimizing these structures, administrations can better align their resources, streamline processes, and ultimately deliver on their strategic goals in a timely and impactful manner.

Trade &
Partnerships

Engaging in the cultivation of international trade alliances, facilitating negotiation processes, and establishing frameworks to bolster export growth and enhance trade equilibrium on a global scale. This involves strategic collaboration with international counterparts, proactive participation in trade discussions, and the formulation of effective frameworks.

Decision support through advanced analytics

Bringing together the world's best educators, designers, operators, and other experts from all sectors and regions to envision, build, and accelerate ventures to scale and improve education and employment outcomes. Our goal is to deliver capabilities that allow our clients to repeat the process time and time again.

Future of
Work

Promoting the integration of cutting-edge digital and AI innovations, instituting robust systems for human capital advancement, and revitalizing social protection initiatives. This entails actively encouraging the uptake of emerging technologies, implementing comprehensive strategies for nurturing talent and skills, and modernizing welfare programs to ensure inclusivity.

Entrepreneurship, Innovation & Cluster Development

Determining the sectors, clusters, and facilitators to prioritize for fostering inclusive economic growth at the national, regional, and urban levels.

Developing plans, pinpointing initiatives, and backing programs to cultivate the establishment of startups. Additionally, fostering innovation involves promoting research and development, and establishing an environment conducive to translating ideas and patents into practical commercial applications.

Investments &
Market Access

Assisting governments in crafting incentives, streamlining processes, and devising organizational strategies aimed at boosting private investments within their nation. Supporting governments in formulating measures, streamlining procedures, and devising organizational strategies to enhance market access opportunities within their country.

Public
Affairs

Facilitating governments in crafting comprehensive strategies, refining procedural frameworks, and implementing robust organizational structures to navigate and effectively address public affairs matters, thereby ensuring transparent governance and meaningful engagement with stakeholders.

Supporting initiatives on national level but also within international arenas and in support of bilateral relations.

A vast experience in different georgraphical and cultural settings

While the fundamentals of public policy are similar around the world, the most effective economic development programs take into account cultural realities, history and the individual needs of local and national economies. Our collaborators have worked and shaped on educational policies and projects in a variety of settings and know the importance of drafting individual solutions adapted to the citizen's needs.

Contact our Economic Development Practice

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