Recent evaluation shows these elements are crucial to supporting economic growth and eradicating poverty without further harming the environment.
There is clear potential for replication and scaling up this model across developing Asia.
In development, as in matters of health, prevention is better than cure. Had policymakers acted boldly to avert well-recognized economic imbalances before 2008, the financial crisis may have been avoided.
As multilateral development banks gear up to fill serious gaps in infrastructure in Asia, attention also focuses on safeguards, which should be a top concern for established lenders such as the World Bank and ADB as well as new players like the AIIB.
Yes – but only if the focus is on quality and impact, and not on the quantity and volume of investment.
ADB reforms and new resources provide an opportunity to make incremental progress on development work in Asia’s low-income countries.
For development institutions, private sector investments offer plenty of potential for promoting inclusive and environmentally sustainable growth at a profit. But how successful are they in achieving actual development gains?
Underserved businesses run by women in Armenia need help to create a reliable client base and convince skeptical banks that their enterprises are a good investment.
“We’ve never seen anything like this” is the refrain increasingly heard in every corner of the world in the wake of natural disasters. Indeed, intense natural disasters have increased nearly fourfold over the past four decades, with floods and storms representing 70% of the increase. Asia and the Pacific has been the worst hit region. Yet, the response to hazards of nature has been mostly to react when they strike. The upshot I see is this: unless prevention takes center stage, disasters will likely unravel progress.
Big off-site urban sanitation operations should be complemented with smaller sanitation schemes in poor neighborhoods.