Tag Archives: WorldBank

The World Bank published a comprehensive report in July 2021: “Towards Social Protection 4.0: An assessment of Thailand social protection and Labor market systems”. This report makes recommendations for strengthening Thailand’s social protection and labor market systems in four areas

In light of the considerable risks that cloud the global recovery, it is imperative that the IMF and World Bank cannot resort to the “policy as usual” approaches as previously adopted during the pandemic. Instead, they need to quit their push for “austerity as the new normal” and shift their policy focus toward facilitating resilience and recovery for vulnerable and poor countries.