More than 220 proposals have been advanced for a global development framework to succeed the Millennium Development Goals (MDGs), which come to an end in 2015.
Removing fossil fuel subsidies in developing Asia is a win-win for the environment and public finances.
Feeding the world is becoming an increasingly complex task. Providing all our daily bread—or rice—requires grappling with intense competition for natural resources, producing more from less land and dealing with changing dietary habits. But meeting food needs is not just about quantity. Quality is also important. Along with daily minimum calorie requirements, people also need vital micronutrients from their meals. High levels of micronutrient deficiencies, a phenomenon we call “hidden hunger” remains pervasive, particularly in South Asia and Southeast Asia.
Where are Asia’s economies headed to in the short and long term? What shape are they in to withstand future financial crises? And how can they respond to the yawning rich-poor divide, now a key concern among Asian and global policymakers? These were some of the key points discussed over the first two days of business at our 47th Annual Meeting, held in Astana, Kazakhstan.
Indian trade liberalization has not directly or substantially affected carbon dioxide emissions.
Debt has ballooned in developing Asia following the 2008-2009 global financial crisis, supported by plentiful global liquidity. With the US Federal Reserve about to raise interest rates, data from the Asian Development Outlook 2015 gives a clearer picture about the possibility of a credit slowdown in the region.
ADB’s 14 Pacific developing member countries make up a subregion like no other. On a map many of these tiny specks of nations are barely discernable in the vast Pacific Ocean which connects them. Most are home to less than 100,000 people and each country has their own closely held languages, cultures and traditions. Development has been constrained by limited or unevenly distributed resources and endowments, and environmental fragility.
Viet Nam is a particularly good case to measure the impact on income inequality of rising trade with the People's Republic of China.
Australia and ADB share common objectives and interests which provide a basis for strong and lasting collaboration for development, explains Vice-President Stephen Groff.
It’s time to diversify its economy to transition to upper-middle-income status.