Date Time
Thailand: Growth in Jobs Critical for Sustained COVID-19 Recovery
Boosting labor productivity and labor market participation will help manage the challenge of an aging population, according to new World Bank Report
BANGKOK, January 20, 2021 – Thailand’s economy was severely impacted by the COVID-19 pandemic and is estimated to have shrunk by 6.5 percent in 2020. Growth is projected to expand by 4.0 percent in 2021, according to Restoring Incomes; Recovering Jobs, the latest edition of the World Bank’s Thailand Economic Monitor,” launched today. The report stresses that sustained recovery in employment will be essential to helping the country bounce back in 2021 and 2022.
Date Time
THAILAND: Higher productivity in manufacturing key to becoming high-income country
Higher productivity growth in Thailand will be a key source of stronger economic growth and better competitiveness, according to the Thailand Manufacturing Firm Productivity Report, a joint research product of the World Bank and the Monetary Policy Department of the Bank of Thailand.
For Thailand to achieve its national development strategy target to transition to high-income status by 2037 and to recover from the COVID-19 pandemic’s economic impact, it must accelerate structural reforms to boost investment and accelerate productivity growth of manufacturing firms. Thailand would need to sustain a long-run average growth rate of over 5 percent beyond 2025. Achieving this growth rate would require nearly doubling the current rate of both public and private investment to 40 percent while maintaining one of the fastest Total Factor Productivity growth trajectories, similar to that of South
Climate-Smart Agriculture Investments Required to Boost Agricultural Production in Zimbabwe
Format
STORY HIGHLIGHTS
A new report by the World Bank and the Government of Zimbabwe shows that more public spending in agriculture has not translated into more productivity
The report warns that without Climate-Smart Agriculture Investments, Zimbabwe’s staple food crop, maize, is expected to see a 33% yield reduction by 2030
Strengthening security of tenure, enhancing investments in infrastructure, agricultural knowledge and innovation, and diversified production systems are among the key recommendations to boost the sector
HARARE, December 21, 2020 – Despite an increase in public spending for agriculture, productivity has not improved in recent years, according to a new report examining agriculture spending by the country.
Climate-Smart Agriculture Investments Required to Boost Agricultural Production in Zimbabwe
Email
Photo: CaptureWorldStudio
STORY HIGHLIGHTS
A new report by the World Bank and the Government of Zimbabwe shows that more public spending in agriculture has not translated into more productivity
The report warns that without Climate-Smart Agriculture Investments, Zimbabwe’s staple food crop, maize, is expected to see a 33% yield reduction by 2030
Strengthening security of tenure, enhancing investments in infrastructure, agricultural knowledge and innovation, and diversified production systems are among the key recommendations to boost the sector
HARARE, December 21, 2020 – Despite an increase in public spending for agriculture, productivity has not improved in recent years, according to a new report examining agriculture spending by the country.
Dünya Bankası ndan 300 milyon dolarlık finansman milliyet.com.tr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from milliyet.com.tr Daily Mail and Mail on Sunday newspapers.