We must address the structural causes of inequalities, which go beyond globalization in both the developed and the developing world.
Recently, someone from one of our developing member countries commented that ADB is too small, slow and self-centered. This assessment might sound harsh, but the numbers speak for themselves.
Thomas Piketty, a young French economist, has redefined the relationship between capital and inequalities in his book Capital in the Twenty-First Century.
The Post-2015 development agenda is leaning toward a goal of eradicating absolute poverty by 2030. The World Bank’s recently approved corporate strategy has the same goal. I believe, however, that this target is absolutely meaningless for our region, Asia and the Pacific.
I do not have a birth certificate. Even though I was born in the capital city of the biggest province in India, my birth was never registered. Luckily, I went to school where they recorded my date of birth and my high school certificate gave me an identity. Now, I also have a passport and I can prove who I am.
Last week, the development economics world was shaken by an open clash between two of its most distinguished luminaries—Amartya Sen and Jagdish Bhagwati. One is a Nobel Prize winner in the field of economics, and the other is widely believed to be worthy of one.
An increase in life expectancy by 40% and decline in fertility by 50% in about half a century -- this is a great achievement!
The debate over a proposed ban on oversized soda drinks triggers a broader discussion on obesity and public health.
A new institution, offering greater development assistance, is badly needed.
Is the G-20 losing its way? The G-20 played a critical role in leading the world out the financial crisis in 2008-9. It was decisive, united and effective in dealing with that crisis. However, it has since lacked that that level of vitality.