The document discusses the launch of the International Year of Youth and outlines several challenges facing youth development globally. It notes progress made since the first International Youth Year in 1985 but that much work remains to be done to ensure all youth become productive members of society. Key issues discussed include increasing access to education, addressing high youth unemployment, promoting health and preventing issues like HIV/AIDS, protecting youth in conflicts, empowering vulnerable groups like girls, and promoting civic engagement among youth. The document calls for a holistic approach and greater investment in youth development policies.