Decent Work and Growth

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

[New] Lobbyists and congressional aides expect Texas to keep defending a system that it has worked for years to shield from federal jurisdiction.
[New] Bank of America recently announced a $1 billion, four-year initiative to help advance racial equality and economic opportunity, with a particular focus on helping create opportunity for people and communities of color.
[New] Today, pastoralists globally, are faced with myriad challenges and opportunities arising from economic development, social change, climate change, conservation, and sedentarization policies, population growth, and war or conflicts.
[New] The Department of Energy could increase its spending on basic grid tech R&D, and increase its provision of grants and loans to power companies making climate-savvy investments.
[New] Within five years a third of all UK lawyers could be working under a consultancy model - usually keeping a proportion of their fees and working without a central office base.
[New] China's economy grew just 2.3% in 2020, although it was the only major economy not to contract, and is expected to see growth of 8.4%% in 2021.
[New] There is a real risk that in many global contexts, vaccine passports could actually worsen economic conditions, by shutting large groups of people out from the formal economy.
[New] The objective of CLICIM is to identify the relationship between climate change and migration in Africa, the continent with the fastest projected population growth and one of the most vulnerable to climate change due to its high exposure and low adaptive capacity.
[New] Promoting investment in innovation will generate new job growth and pave the way for technological breakthroughs and life-saving cures that will improve the quality of life for Americans.
[New] According to the World Bank's forecasts, China's economy, which was already equivalent to 71% of America's in 2020, will grow by 7.9% in 2021, following 2% growth last year; the U.S. economy is expected to grow by 3.5% in 2021, having contracted by 3.6% last year.
[New] The insulin pump patch can use an algorithm to connect with CGMs and will compete with Tandem's Control-IQ technology, which was the first FDA-cleared algorithm for use with a fully interoperable, automated insulin dosing system.
[New] The Department for International Trade will lead on work to ensure that UK companies in Myanmar are not trading with military-owned businesses, while protecting the important role that trade plays in poverty reduction and economic development.
[New] Disruptions in the supply chain due to COVID-19 have slowed down the shipments of UAVs to major markets across the globe.
[New] HCL Technologies, in partnership with Finastra, offers a new Cloud based Digital Treasury as a Service which will enable Banking Treasury to always operate at its best and scale for growth.
[New] Hawaii is working on its own 'vaccine passport' system that could allow fully vaccinated travellers from elsewhere in the US to travel there as early as May.
[New] Data sharing is a key part of economic growth in Africa but that it faces a number of common obstacles, including the threat of data colonialism.
[New] The fastest growth over the next couple of years is forecast to come from Central and Eastern Europe as their economies shift further to digital, albeit off a much lower base.
[New] Thomson Reuters will spend $500 million to $600 million over two years to burnish its technology credentials, investing in AI and machine learning to get data faster to professional customers increasingly working from home during the coronavirus crisis.
[New] Gig economy employees will likely perform between 15% and 20% of the work of a typical institution within five years, driven by continuous cost pressure and the need to access digitally skilled talent.
[New] The AfCFTA agreement is expected to yield economic gains for the African continent, including $16.1 billion welfare gains, employment growth of 1.2%, intra-African trade growth of 33%, and a 50% decline in Africa's trade deficit.
[New] Unlike the rest of the world, the US will experience growth at a slower rate over the next few years, though it is expected to hit $74 billion in 2025.
[New] Europe is expected to continue its upward trajectory and will be the leader in the growth of consumer spending over the next five years.

Last updated: 28 February 2021

Decent Work and Growth

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