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View all search resultsIn the case of the Commuter Line pricing system, the subsidy scheme is not only to serve the public good, but also to amplify the positive externalities of using public transportation, including less air pollution and less traffic congestion.
Indonesia is the largest palm oil-producing country in the world, and local farmers control as much as 42 percent of oil palm plantation areas. However, an alarming productivity gap of 60 percent exists among local producers, especially between smallholders and companies.
Workforce formalization, while neither a holistic nor one-size-fits-all solution, is becoming increasingly part and parcel of social investment strategies to resolve issues related to meaningful work and decent living standards.
In this age of intense global rivalry and competition, including military power, AI, robotics and improved engineering promises a techno-utopian way to achieve dominance over rivals. McKinsey estimated that Generative AI’s impact on productivity could add between $2.6 trillion to $4.4 trillion to the global economy annually. That’s like adding one UK economy to the global economy every year.
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