Not only does social protection promote economic growth; in fact, growth cannot be sustained without strong social protection.
Indu Bhushan was previously Director General of the Strategy and Policy Department at ADB. Prior to this appointment, he worked in Southeast Asia and Pacific regions. Before joining ADB, he was a member of the Indian Administrative Service. An electrical engineer by training, he has master’s degree in health sciences and PhD in public health economics. His wife, Anjana, works with the World Health Organization. He has two daughters, Devika and Ambika. He loves to watch sports and movies, and play bridge.
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Later this month, the leaders of five major emerging economies—some say they have already emerged— are likely to announce the establishment of a BRICS Bank. These countries are Brazil, Russia, India, China and South Africa. As the name suggests, the Bank will focus on investment needs in the BRICS countries, but might cover some other countries as well.
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.