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Pantawid Pamilya: Money for nothing?

More than 4.4 million poor Filipino families receive regular cash grants from the government to help them make ends meet.  But they aren’t getting money for nothing—there is a catch: families only get the cash if their children go to school and get regular health check-ups, and if the parents go to family development sessions every month. 

Karin Schelzig

Since financial development does not necessarily reduce inequality, inclusive growth calls for concerted government efforts to strengthen financial inclusion.

How to finance stable, inclusive growth in Asia

The Asian Development Outlook 2015 highlights how developing Asia’s financial development still lags the advanced economies by a wide margin despite good progress. What can we do to bridge that gap, and also ensure ensure the region’s financial sector grows in a stable, inclusive way?

Donghyun Park

A foreign laborer works on a construction project in Singapore.

How to channel migrant remittances to deliver growth

Migrant remittances, a lifeline for many developing countries in Asia and the Pacific, have grown dramatically with barely any support by the public sector or donor agencies. A recent ADB forum discussed how governments can make better use of this money to create domestic job opportunities.

Mayumi Ozaki

In recent years, Malaysia, Singapore, and Pakistan have experienced rapid credit growth that brought their debt-to-GDP ratio close to the threshold that defines a credit boom.

Has Asia's debt risen too quickly?

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.

Thiam Hee Ng

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