To ensure ongoing economic growth in Asia and for the poorest to have a chance to benefit from the region’s growing prosperity, we must prioritize bringing financial services readily and cheaply to the “unbanked”.
Vice-President Stephen Groff discusses the role of public-private partnerships, connectivity, and renewable energy in helping PNG meet its development goals.
Vice-President Stephen Groff, in Fiji for a COP23 meeting, reveals that ADB will mobilize over $500 million in climate finance for the Pacific until 2021.
ADB’s new Country Partnership Strategy in Myanmar will focus on connectivity, human capital, and structural reforms.
Vice-President Stephen Groff gives an update from the Beijing launch of the PRC-led Belt and Road Initiative.
Any contemporary story on development in Asia-Pacific begins with reflection on massive gains achieved in the fight against poverty. The incidence of people living on less than $1.25 a day fell from 54.5% in 1990 to 20.7% in 2010, with the number of extreme poor declining from 1.48 billion to 733 million. This precipitous decline in poverty incidence has been accompanied by tremendous gains in access to health and education.
Developing Asia urgently needs further investments in infrastructure to sustain growth and improve social equity.
The PRC can learn from international examples of metropolitan governance, adapting them to its own urban development requirements.
International financial institutions must recalibrate their strategies for maximum impact in the post-2015 era.
Vice-President Stephen Groff shares his views on cooperation among Mekong countries from the 22nd GMS Ministerial Conference in Ha Noi, Viet Nam.
