In recent years, the rise of social media has been ceaseless and rapid. It has managed to create a universe of its own—one that often leaves governments, organizations, and corporations alike continuously striving to keep up.
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The PRC may be a globally significant economic and trading power, but the market share of its currency, the renminbi (RMB), lags well behind the US dollar and the euro.To align the RMB with its growing global stature, the PRC has embarked on a strategy to internationalize the currency. Typically, it is taking a gradual approach.
“The law hath not been dead, though it had slept.” When Shakespeare wrote those lines, he never knew that many, many years down the road, he may actually be referring to the enforcement of environmental law by the judiciary around the world.
There is no universal strategy for pursuing a triple bottom line of high, socially inclusive and environmentally sustainable growth, but better governance is an imperative.
Over the last week, 3ie staff in Delhi, London and Washington were busy coordinating conference logistics, finalizing the program, and putting the last touches to their presentations. This is usual preparation for a conference but this one is going to be different. Why? Because the participant mix–of more than 500 people–is balanced among policymakers, program managers, implementers, and researchers.
Asian countries are increasingly turning to investing in dedicated development programs rather than relying entirely on economic growth to deliver better social outcomes. Evaluations of their actual impact have not always accompanied such decision making, but where they have, it has made a key difference.
The ASEAN Economic Community, planned to come into effect in 2015, is expected to liberalize goods, capital and skilled labor flows in the ASEAN region. While there has been considerable progress in the area of trade integration, financial integration still lags behind. The ASEAN Banking Integration Framework, which aims to liberalize the banking market by 2020, could help pave the way for further integration and the entry of ASEAN banks into regional banking markets.
Malaria can be beaten. Proof of this can be found in the fact that across the Asia Pacific region, millions of people who would have died from the disease are living healthy, productive lives. Still, malaria remains a serious threat to lives and livelihoods. Endemic in 22 countries across Asia, it is contracted by an estimated 32 million people annually and kills 47,000 of them.