Thomas Piketty, a young French economist, has redefined the relationship between capital and inequalities in his book Capital in the Twenty-First Century.
The establishment of the Millennium Development Goals (MDGs) by the United Nations in 2001 was a defining moment. It rallied a global effort in the fight against poverty, hunger, and disease, while promoting universal education, gender equality, and environmental sustainability. However, new challenges have emerged while remaining ones are complex. Meanwhile, the 2015 deadline for achieving the MDGs is almost upon us, raising the question: where do we go from here?
In ensuring the success of social protection programs, who benefits from public transfers is as important as how much or what type of support is provided. Tajikistan offers a case in point.
We’ve wrapped up our 47th Annual Meeting in Astana today with plenty of food for thought on what lies ahead for our vast, diverse region.
Asian success stories have broken down the old distinctions between rich countries and poor, developing and developing, development assistance providers and aid recipients.
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.
Developing Asia’s impressive growth continues but faces a new challenge — inequality is on the rise. Over the last few decades, the region has lifted people out of poverty at an unprecedented rate. But more recent experience contrasts with the ‘growth with equity’ story that characterised the newly industrialised economies’ transformation in the 1960s and 1970s.
World Tuberculosis Day provides an important occasion to raise awareness about a disease that continues to affect millions of people around the globe.
Recently IMF Managing Director Christine Lagarde noted: “In too many countries, the benefits of growth are being enjoyed by far too few people”. She was making the point that high levels of inequality are a global concern.
The continued urban boom across Asia and the Pacific offers a host of exciting new opportunities for the region but it also presents huge challenges― not least in the critical field of health.