Stakeholders in the forest sector, have urged governments at all levels to invest heavily in the sector because of its huge potential in addressing the nation’s emerging environmental, social and economic challenges.
Source: Nigeria: Why Nigeria Must Invest Heavily in the Forest Sector – Stakeholders – allAfrica.com
Deforestation, climate change, and soil erosion reducing the productive capacity and potential output of Nigeria.
Thanks to Harry M.
The government have commented on a number of occasions that the poor broadband speeds experienced by many businesses, especially in rural areas, are limiting productivity and so reducing growth in the level of long run aggregate supply in the economy. This article from “The Daily Telegraph” suggests that BT is ready to improve broadband speeds around the country. As a result long run aggregate supply may well be increased.
It is interesting to note, however, that BT has been prompted to undertake this work by the threat of having part of the business, Openreach, made independent. Therefore, there may be a competition issue here in the long run.
The government, seeking to punish those nasty banks for causing the financial crisis and subsequent recession, and in danger of harming competition and growth prospects.
Article of the week winner Hamish K
Economics Department Blog 