Asia and the Pacific accounts for half of the estimated economic cost of disasters over the past 20 years.
More effort and resources need to be invested in making migration a tool of climate change adaptation rather than accepting it as a failure to adapt.
“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.
In 2012, the International Labour Organization (ILO) called on its 185 members to ensure that everyone in need has access to essential health care and basic income security.
Well-designed and targeted social protection programs, and particularly safety nets for the disadvantaged, deliver high returns in terms of poverty reduction.
Most definitions do not fully capture the concept of inclusive growth. To be useful, such a definition must include several key elements.
For many people, at least 1.7 billion people in Asia and the Pacific, opportunities from the MDGs have not yet materialized.
The MDGs represent the global vision of reducing poverty in its various dimensions. We need continued attention to all the goals, since we can hardly declare “mission accomplished” in any of the dimensions of poverty they seek to address.
The BRAC organization in Bangladesh has proven that there that there is an effective way to help the ultra poor. We need to find ways to use it more often.
Not only does social protection promote economic growth; in fact, growth cannot be sustained without strong social protection.