Tag «Economic Growth»

President Adesina urges African diplomats to advertise continent’s dynamism and support its economic growth

New Delhi, India, March 31, 2017 – The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has urged African diplomats to use their skills and network to advertise Africa’s resilience and attract good investments into the continent. Addressing African Heads of Missions in Delhi on Thursday, Adesina said the economic and business prospects …

Close Africa’s Energy Gap to Increase Economic Growth by 30% by 2040

With more than half of the continent’s population still without access to electricity, Africa cannot fully participate in the Fourth Industrial Revolution Private sector needs to increase their investment and governments must foster innovative financial models and enact structural reforms Africa is the crucible of innovation for off-grid solutions For more information on the meeting, …

India Needs Low Interest Rates, Investment in Skills and R&D, Reforms in Land and Labour to Sustain Economic Growth 

Low interest rates are critical to sustain economic growth, but inflation remains vulnerable to commodity prices and weather Greater investment in education and skilling are vital to avoid job losses created by mechanization and technology Land and labour reforms could create millions of new jobs – but states must lead the way For more information …

Geopolitical Stability and Reducing Inequality Essential for ASEAN Economic Growth

Regional peace and stability are essential for ASEAN’s strong macroeconomic outlook and long-term growth Investing in infrastructure and human capital can improve regional integration and economic growth Reducing persistent income inequality will require private-sector innovation as well as structural reforms For more information on the World Economic Forum on East Asia 2014: http://wef.ch/ea14 Metro Manila, Philippines …

ASSET MANAGEMENT: KEY TO PREVENT UNPLEASANT SURPRISES BLOCKING REGIONAL ECONOMIC GROWTH

TRANSCO specialist warns of infrastructure growth’s “risky” focus on opening day of Government and Enterprise Asset Management Congress   Dubai, UAE, 20 May 2014: Booming infrastructure growth in the Middle East needs to be supported by effective asset management to avoid “unpleasant surprises” that could impede economic development, an industry expert warned in Dubai today. …

Travel & Tourism Report Focuses on Reducing Barriers to Economic Growth and Job Creation

Switzerland, Germany and Austria are top performers in the fifth Travel & Tourism Competitiveness Report, which ranks 140 countries according to their attractiveness and ability to develop their travel and tourism industries Report highlights the potential of travel and tourism industry to boost economic resilience and job creation, but warns that environmental sustainability remains a key concern …

Existence of Efficient Financial Markets is Paramount for Achieving Economic Growth: FM

The Union Finance Minister Shri P .Chidambaram said that existence of efficient financial markets i.e. both banks and capital markets, is paramount for achieving economic growth. He said that without vibrant and viable financial market architecture, there cannot be any sustainable economic growth. The Finance Minister said that efficient intermediation by financial markets lead to …