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View all search resultsWorkforce 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.
Contract workers are often tasked with performing essential services in sectors such as health care, education and public administration, yet they may lack the necessary support and resources to carry out their duties effectively.
The increased distribution of subsidized fertilizer has done little to improve agricultural production in the country, industry players and experts say, noting that other aspects must be enhanced for Indonesia to achieve agricultural self-sufficiency.
The greatest contributing factor is the yield gap between farmers on Java and farmers outside Java, so a national program on increasing rice productivity should focus on massive investment in agricultural technology to boost the capacity of farmers outside Java.
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