Young people throughout the world are of particular value to society and occupy a special place in social and economic relationships. The situation for young people and the degree of their participation in economic development depends both on the state, and on young people themselves taking a proactive approach to life. Creating the economy of the future will require change from all participants in global politics, from the private to the state sector, and from the academic world and society itself. The young people of the world are the driving force behind innovation and creativity, the catalyst for putting new initiatives, ideas, and movements into practice, and a reservoir of vast intellectual potential. The value of young people in the modern world is also increasing with the growing importance of the education and professional skills required in response to a revolution in science and technology.