New research suggests population ageing's economic impact may be less about labour shortages and more about its effect on total factor productivity (TFP). The "silver dividend" of older workers staying in the labor market longer could offset negative growth impacts.
UNDP report reveals women bear disproportionate burden when developing countries face rising debt costs, with 22 million women's jobs lost short-term and 38 million long-term between early 2010s and 2022. Women experience 17% income decline per capita during high debt-servicing periods while men's income remains unchanged, as cuts to education and care sectors disproportionately affect female employment.
Construction of a US$1 billion Chinese-invested hydropower station has begun in Cambodia to facilitate the Southeast Asian country’s use of renewable energy as the fallout from the Iran war constricts developing countries’ access to traditional fuel supplies. Work on the Upper Tatay pumped-storage hydropower project in the hilly southwestern province of Koh Kong started on April 10, Xinhua reported, describing it as a future “green power bank” for Cambodia’s national grid. It said the project...
Global finance talks are being forced to downplay the climate crisis due to US pressure, with countries urged not to mention climate even while addressing the oil crisis. Experts warn this is "beyond absurd" and disastrous for developing nations.
