Call for Action to Boost Industrial Growth in Solomon Islands
According to local economist Martin Hou, Solomon Islands continues to face significant challenges in developing a strong and sustainable industrial sector.
Despite its abundant natural resources and hardworking population, the nation's economy has remained heavily reliant on raw exports, subsistence agriculture, and informal activities.
This has limited job creation, innovation, and the country's ability to add value to its own resources, Hou highlighted. He emphasized the need for redirection of the economy towards industrialization.
Author's summary: Solomon Islands needs industrialization to boost growth.
More News
- Exit poll suggests centrists win Dutch vote, beating Geert Wilders’ far-right
- Down 30% and Still Growing its Payout: 1 Canadian Stock I'd Snap Up
- Princeton University Art Museum graduates to expansive new home
- Hermit Thrush by Will DeNatale
- A Powerclown Halloween: on singing the Village People in Japanese, Scum Element, and Shakes the Clown
- Landry's Explosive Quote That Signals Major Changes at LSU
- Illinois House Democrats push first-in-the-world wealth tax, streaming, concert taxes
- DOJ Charges Oxnard Residents and Others For Violence Against Immigration Enforcement Officers in Southern California | News Channel 3-12
- The children are starving; God is screaming – Baptist News Global
- Shinzo Abe Killer’s Trial Is Exposing the Christian Cult Entrenched in Japanese Politics