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Improving productivity could propel Bots to high-income status With Botswana struggling to rise from upper-middle-income status, it has been suggested improving productivity could be the catalyst that fast-tracks the country’s high-income dream. Speaking during the launch of the IMD’s World Competitiveness Report, Botswana National Productivity Centre (BNPC) Executive Director, Christopher Diswai said improving productivity and competitiveness is one of the fastest ways to escape the middle-income trap. He said this should be the driving force that spearheads Botswana’s transformation i...

Tourism has developed as one of the influential sectors for its notable contributions to GDP.

Germany needs to be more attractive as business location Rail and road Decades of neglect on top of growing demand have left a large share of Germany's complex network of roads and railroads in need of rehabilitation. Germany's autobahn and train lines are overburdened by the volume of modern-day traffic. Around metropolitan areas, traffic jams and train delays are routine. Travelers are used to weighing the risk of spending hours caught in traffic against the likelihood of train delays. According to a recent survey from broadcaster SWR, 40% of people in Germany also feel the government hasn'...

Advertisement A recent study by the Asian Development Bank on the impacts of automation in Cambodia can be read in two ways. It found that by 2030 some 12 percent of Cambodia’s garment workers face displacement because of automation, in addition to about 3 percent of jobs in the tourism sector. That’s not so bad: far worse projections were made in a 2016 report by the International Labor Organization, which asserted that 57 percent of all jobs in Cambodia are at risk from automation, second only to Vietnam (70 percent) of the five Southeast Asian states surveyed. And Cambodia had the most...

By Robert Krol SPEAKING about his ambitious infrastructure plans during a press conference, President Joe Biden recently stated, “One in five miles of our highways and major roads are in poor condition.” “More than one-third of our bridges” need repair, and “we rank 13th globally in infrastructure,” he added. These statements probably don’t sound surprising. Americans seem to believe that our infrastructure is, as some people say, “crumbling.” However, Biden’s statements and this widespread perception don’t square with some of...