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.
Well-designed and targeted social protection programs, and particularly safety nets for the disadvantaged, deliver high returns in terms of poverty reduction.
Asia should not be dissuaded by the European challenges. Yet, Asia should not rush to integrate either.
High test scores by primary school students do not necessarily translate into more innovative, competitive economies. But they probably don’t hurt either.
It is up to policy makers to unlock the enormous potential of services in the People’s Republic of China.