The Thailand Economic Monitor (TEM) reports on key developments in Thailand’s economy over the past six months, situates these changes in the context of global trends and Thailand’s longer-term economic trajectory, and updates Thailand’s economic and social welfare outlook.

Jobs are vital for individuals to work their way out of poverty and for promoting shared prosperity. Somalia has few formal social safety nets, and the country is steadily consolidating peace and rebuilding state institutions following decades of conflict.

Following a sharp decline in the first quarter of 2020, economic activity in China has normalized faster than expected, aided by an effective pandemic-control strategy, strong policy measures and buoyant exports.

The pandemic has induced a sharp recession in many countries across the globe. The COVID-19 (coronavirus) pandemic has caused an unprecedented shock to the global economy and led to an expected overall contraction of 4.4 percent in 2020.

This report describes the World Bank’s vision for the future of learning and a strategic approach that lays out the lines of actions needed for education systems to move forward in accelerating learning improvement.

This report highlights how the COVID-19 (coronavirus) crisis has impacted Nigeria’s economy. In 2020, Nigeria’s economy is expected to experience its deepest recession since the 1980s due to the COVID-19-related disruptions, notably lower oil prices and remittances, enhanced risk aversion in global capital markets, and mobility restrictions.

Uganda’s real GDP grew at 2.9 percent in FY20, less than half the 6.8 percent recorded in FY19, due to the effects of the COVID-19 (coronavirus) crisis, and is expected to grow at a similar level in FY21, but downside risks are high.

Wealth Accounting and Valuation of Ecosystem Services (WAVES) is a global partnership that uses natural capital accounting to mainstream naturalcapital considerations into economic policy.

Kenya’s economy has been hit hard by COVID-19, severely affecting incomes and jobs. The economy has been exposed through the dampening effects on domestic activity of the containment measures and behavioral responses, and through trade and travel disruption (affecting key foreign currency earners such as tourism and cut flowers).

Dam safety is central to public protection and economic security. However, the world has an aging portfolio of large dams, with growing downstream populations and rapid urbanization placing dual pressures on these important infrastructures to provide increased services and to do it more safely.

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