Miscellaneous Knowledge Notes
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Publication
Thailand Monthly Economic Monitor: 27 October, 2023
(Washington, DC, 2023-11-13)The economy continued its moderate expansion, driven by private consumption and improving goods exports. However, the tourism recovery decelerated. Inflation remained significantly below peers; raw food prices fell and energy subsidies contained pressure on living costs. The planned fiscal stimulus measures will provide a short-term boost to growth but delay ongoing fiscal consolidation. The Bank of Thailand unexpectedly raised its policy rate to 2.50 percent. In September, the Thai baht depreciated against major trading partners. -
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Vietnam Macro Monitoring
(Washington, DC, 2023-10-31)This brief discusses the economic development of Vietnam for September 2023. While economic growth picked up in Q3-2023 thanks to a gradual recovery of the exports, domestic consumption remained subdued and credit growth continued to be slow reflecting weak private domestic investment and investors’ confidence. A sharp upward trend in headline inflation continues to warrant close watch. Continued efforts to implement public investment could support aggregate demand and economic growth in the short run. A strategic and well-prepared investment pipeline for 2024 and the next Medium-Term Investment Plan (MTIP) with a focus on green, resilient, and regional infrastructure will help bolster long term economic development. Further improving the business environment and stepping up investment in human capital would help the country: attract high-tech and high-value-addition FDI and boost productivity in the long run. -
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Vietnam Macro Monitoring
(World Bank, Washington, DC, 2023-09-27)This brief discusses the economic development of Vietnam for August 2023. While the export slump may have bottomed out, and domestic consumption remained resilient, credit growth continued to be slow, reflecting weak private domestic investment and investors’ confidence. Recent upward movements in global energy prices warrants close monitoring of CPI inflation. This may also prevent SBV from loosening monetary policy further. The continuation of tight global financial conditions warrants flexible FX management to accommodate external conditions. Further acceleration of public investment disbursement could support aggregate demand and economic growth in the short run while focusing on priority green and resilient infrastructure and human capital investments will help bolster long term economic development. -
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Gender and Digital Development in Thailand
(World Bank, Washington, DC, 2023-09-26)The wave of digital transformation has swept across the globe, with its pace significantly accelerated by the COVID-19 pandemic, which expedited the adoption of digital technologies by several years. However, this rapid digital metamorphosis is not without the risk of escalating gender inequality. The digital divide, defined as "the distinction between those who have access to and can utilize digital communication services and those who are excluded from these services", exhibits a gendered aspect. This gender digital divide reflects the inequalities between men and women in terms of access to and usage of digital technology. This document offers an overview of the gender equality issues in digital development in Thailand, drawing on a literature review, initial findings from research conducted in Odon Thani province in 2022, and findings and recommendations from the 2023 Adult Skills Assessment in Thailand (ASAT). -
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Gender and Informal Work in Thailand
(World Bank, Washington, DC, 2023-09-26)Thailand has made good progress in closing gender gaps in various dimensions, especially human capital development. However, the progress, though obvious, has not done much to get rid of the main deterrents discouraging Thai women from participating more actively in the labor market. Thailand’s labor force participation rate (LFPR) is 94 percent for men and 80.5 percent for women; both have been relatively stable since 2017. More than half of jobs in Thailand are considered informal, but though “informal worker” is in general use throughout the economy, what it refers to has no precise definition. The gender and informality study by the World Bank Bangkok team led to the recommendations covered in this report. -
Publication
Building Climate Resilient and Environmentally Sustainable Health Systems in Africa: A Summary of Findings and Recommendations from Climate and Health Vulnerability Assessments (CHVAs) Funded by AFRI-RES Across Four Countries
(Washington, DC: World Bank, 2023-09-06)This note summarizes lessons and practices deployed in embedding climate resilience into the design of projects that received catalytic funds from The Africa Climate Resilience Investment Facility (AFRI-RES). It draws from application of the Resilience Booster Tool to specific projects, as relevant, Compendium Volume on Climate Resilient Investment in Sub-Saharan Africa (World Bank (2023) and Guidance, Standards, and Good Practice Notes developed under the program. -
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Embedding Climate Resilience into Energy Projects
(Washington, DC: World Bank, 2023-09-05)The Africa Climate Resilience Investment Facility (AFRI-RES) is a partnership between the Africa Union, African Development Bank, the United Nations Economic Commission for Africa (UNECA), and the World Bank Group, established with support from the Nordic Development Fund (NDF). The partnership seeks to assist governments, planners, and private developers in integrating climate resilience in project planning and design, thereby attracting funding from both development and climate finance sources. This note summarizes lessons and practices deployed in embedding climate resilience into the design of projects that received catalytic funds from AFRI-RES. It draws from application of the Resilience Booster Tool to specific projects, as relevant, Compendium Volume on Climate Resilient Investment in Sub-Saharan Africa (World Bank (2023a) and Guidance, Standards, and Good Practice Notes developed under the program. -
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Embedding Climate Resilience into Ecosystem and Water Projects
(Washington, DC: World Bank, 2023-09-05)This note summarizes lessons and practices deployed in embedding climate resilience into the design of projects that received catalytic funds from The Africa Climate Resilience Investment Facility (AFRI-RES). It draws from application of the Resilience Booster Tool to specific projects, as relevant, Compendium Volume on Climate Resilient Investment in Sub-Saharan Africa (World Bank (2023a) and Guidance, Standards, and Good Practice Notes developed under the program. -
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Embedding Climate Resilience into Urban and Transport Projects
(Washington, DC: World Bank, 2023-09-05)This note summarizes lessons and practices deployed in embedding climate resilience into the design of projects that received catalytic funds from The Africa Climate Resilience Investment Facility (AFRI-RES). It draws from application of the Resilience Booster Tool to specific projects, as relevant, Compendium Volume on Climate Resilient Investment in Sub-Saharan Africa (World Bank (2023a) and Guidance, Standards, and Good Practice Notes developed under the program. -
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Embedding Climate Resilience into Agriculture Projects
(Washington, DC: World Bank, 2023-09-05)This note summarizes lessons and practices deployed in embedding climate resilience into the design of projects that received catalytic funds from The Africa Climate Resilience Investment Facility (AFRI-RES). It draws from application of the Resilience Booster Tool to specific projects, as relevant, Compendium Volume on Climate Resilient Investment in Sub-Saharan Africa (World Bank (2023a) and Guidance, Standards, and Good Practice Notes developed under the program.
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