Industry has made a sustained contribution to the Philippines’ economy in recent years, accounting for roughly 30% of GDP between 2017 and 2019, with sector growth driven predominately by manufacturing. Expansion was constrained in 2020 as Covid-19 response measures impeded manufacturing activity and reduced the global demand for industrial products. Meanwhile, agriculture comprised 9-10% of...
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Chapter | Industry & Agri-business from The Report: Philippines 2021
The Philippines is one of the world’s fastest-growing nations. Although economic activity slowed during the 2020 Covid-19 pandemic period, stimulus measures, imminent public sector policies and a larger budget are expected to create jobs, generate growth and help kick-start the country’s recovery during 2021.
Economic update | Covid-19 and Latin American agriculture: can innovation overcome the disruption?
24 Sep 2020
Although the coronavirus pandemic has created significant challenges for the Latin American agricultural sector, it has also created opportunities for innovation and the expansion of home-grown digital solutions.
The Covid-19 pandemic has accentuated existing food security issues in Africa and given rise to some new challenges. With an economic downturn under way, efforts to combat hunger are being accelerated. While short-term measures are part of the solution, the crisis has also made a powerful case for long-term change.
Articles & Analysis | How local agriculture products will help Papua New Guinea from The Report: Papua New Guinea 2020
Towards the beginning of the Covid-19 pandemic, many people chose to stockpile groceries, raising questions about food security in the event of prolonged disruption to supply chains. As of June 2020 restrictions included suspension of domestic and incoming international flights; a ban on movement between provinces except for approved cargo,...
Articles & Analysis | How Papua New Guinea’s agriculture sector is adapting from The Report: Papua New Guinea 2020
Agriculture is a central pillar of Papua New Guinea’s economy. In 2019 it made up 25% of GDP and contributed to the livelihoods of 85% of the population. The country’s key crops include cocoa, coffee, copra, palm oil, rubber and tea, most of which are exported and form an important source of foreign exchange (forex) revenues. Since Prime...