Increasingly, innovation is being seen as a key element in growing Asia’s economies and creating jobs.
The population in the People’s Republic of China is aging quickly, but at a relatively low level of per capita income.
For many people, at least 1.7 billion people in Asia and the Pacific, opportunities from the MDGs have not yet materialized.
Bhutan’s development has been guided by its philosophy of gross national happiness—of striving to balance spiritual and material advancement through four pillars: sustainable and equitable economic growth and development, preservation and sustainable use of the environment, preservation and promotion of cultural heritage, and good governance.
It is up to policy makers to unlock the enormous potential of services in the People’s Republic of China.
The global financial crisis of 2008-2009 offers a rare opportunity for many economies to undertake wide-ranging structural reforms to improve productivity and economic efficiency.
“Inclusive growth” and “green growth” are two buzzwords that we often hear in the development sphere nowadays. This is not surprising since these two form key part of many development strategies. While Asia has done extremely well in expanding its economies in the last two to three decades, rapid growth has brought with it rising inequality—within and across countries. It has also badly damaged the environment along the way.