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.
The global financial crisis of 2008-2009 offers a rare opportunity for many economies to undertake wide-ranging structural reforms to improve productivity and economic efficiency.
Transport planners, engineers, and sustainable transport advocates need to find the best examples of safe and efficient transport policies and move them to wide-spread replication.
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.
Social protection is moving up in the global development agenda with good reason. Sweeping social and demographic changes will be an unstoppable driver of demand for governments to provide social protection—as will widening wealth gaps, economic crises, and, especially in Asia and the Pacific, the increased severity of natural disasters.
I have a straight answer and a caveat. The answer is: Definitely Not. The caveat is: integration is a long-term process. Over time, Asia definitely needs to become more integrated in order to sustain its growth as well as its contribution to global growth. In the medium-term, Asia should exert concerted efforts to continuously boost regional cooperation.
Students from developed East Asia are leading the world in math and science according to just-published results of exams delivered to 600,000 fourth grade students in more than 60 countries and territories including many OECD members.
A well-developed services sector plays a major role in improving production efficiency and promoting technical progress and innovation. The services sector has expanded rapidly in the People’s Republic of China (PRC) since economic reform was launched in 1979, and particularly after PRC joined the World Trade Organization in 2001. However, the size of the sector as a share of GDP appears to be significantly smaller than expected based on PRC's income level and development stage.