Governments in the region must invest in building comprehensive social protection systems for the huge number of vulnerable people who do not qualify as extremely poor and are employed in the informal sector.
Since dual career couples support each other, this involves professional compromises. However, such couples’ understanding of ‘success’ is multidimensional and goes beyond the high income and high status of one individual.
The challenge of providing social protection for older persons in the region is about coming to terms with rapid social change processes as well as household saving and financing pension systems.
Expanded access to finance supported by ADB will allow factories to meet international standards so Bangladesh may benefit from this industry in a responsible way.
They say it takes a village to raise a child, but I say it takes a network of villages to raise a child with autism into a productive adult.
Countries in developing Asia can extend basic and robust levels of social protection to the “missing middle,” but whether there’s enough political to do so is another matter.
The sheer speed and scale of Asia’s demographic transition will deprive the region of one of the main drivers of its past economic success.
Civil society participation becomes meaningful only when one learns to understand the local context, and appreciate the community’s inherent capacity to address issues that affect them.
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.
Disaster preparedness should include extending the reach of insurance to cover flooding to help individuals, businesses and governments to get back on their feet more quickly after a disaster strikes.