Number of Countries with Data

Size: px
Start display at page:

Download "Number of Countries with Data"

Transcription

1 By Hafiz A. Pasha WHAT IS THE EXTENT OF SOUTH ASIA S PROGRESS ON THE MDGs? WHAT FACTORS HAVE DETERMINED THE RATE OF PROGRESS? WHAT HAS BEEN THE EXTENT OF INCLUSIVE GROWTH IN SOUTH ASIA? WHAT SHOULD BE THE DEVELOPMENT AGENDA BEYOND THE MDGs?

2 Number of Countries with Data Number of Countries on Target MDG 1: Extreme Poverty 5 1 a 20 MDG 1: Hunger MDG 2a: Primary MDG 3a: Gender Parity (Primary) MDG 3a: Gender Parity (Secondary) MDG 4a: Child Mortality (under 5) MDG 5a: Maternal Mortality MDG 7c: Access to Safe Water MDG 7c: Access to Sanitation Source: Global Monitoring Reports, 2011, World Bank * The countries are Afghanistan (LIC), Bangladesh (LIC), Bhutan (LMC), India (LMC), Nepal (LIC), Pakistan (LMC), Sri Lanka (LMC). % Distance covered to Achieving Target Global N.A 79 of which: East Asia and Pacific (China) (60.2) (15.9) South Asia (India) (51.3) (41.6) 32.7 a 73 Sub Saharan Africa N.A 23 Latin America a for 2010 Source: World Bank, Global Monitoring Report, (%)

3 ALTHOUGH RATE OF ECONOMIC GROWTH IN THE REGION HAS BEEN RELATIVELY HIGH BUT IT APPEARS THAT THE PROCESS OF GROWTH HAS NOT BEEN INCLUSIVE ENOUGH, ESPECIALLY IN TERMS OF BENEFITING THE LOWER INCOME GROUPS ALSO, THE GLOBAL ENVIRONMENT HAS GENERALLY NOT BEEN SUPPORTIVE FOR ATTAINING THE MDGs 2000 to to South Asia (India) (7.0) (8.6) (6.9) East Asia and the Pacific Low and Middle Income Countries Source: World Development Indicators (WDI), World Bank

4 INEQUALITY HAS INCREASED AMONG COUNTRIES INEQUALITY HAS INCREASED WITHIN COUNTRIES 14LDCs: AFGHANISTAN, BANGLADESH, BHUTAN, CAMBODIA, KIRIBATI, LAO PDR, MALDIVES, MYANMAR, SAMOA, SOLOMON, ISLANDS, TIMOR LESTE, TUVALU, VANAUTU 4 LDCs ARE LANDLOCKED AND 6 ARE SMALL ISLAND STATES 5 LDCs ARE IN SOUTH ASIA, 4 IN EAST ASIA AND 5 IN THE PACIFIC POPULATION OF 258 MILLION; 37% OF GLOBAL POPULATION OF LDCs. AVERAGE PER CAPITA INCOME IS $ LDCs ARE CLASSIFIED AS SEVERELY INDEBTED GDP GROWTH RATE IS HALF THE REGIONAL AVERAGE ODA PER CAPITA IS 1/3 rd OF SUB SAHARAN AFRICA

5 PERCENTAGE OF COUNTRIES* OFF TRACK LDCs All Counties (excluding LDCs) $ 1 Poverty Malnutrition Infant Mortality *Includes Central Asia Republics. All countries of Asia Pacific for which data is available Source: UNESCAP DIVERGENCE OF GROWTH Source: World Bank

6 Country a Earliest Year Gini Latest Year Gini Bangladesh (32.1)* India * Nepal * Pakistan * Sri Lanka *According to WDI. Inequality has also increased in most countries of East Asia and the Pacific, specially China Source: WIDER, UN, Inequality Data Base South Asia Low and Middle Income Countries Source: Pasha (2007), derived

7 1) RELATIVE POOR PERFORMANCE OF AGRICULTURE, ESPECIALLY FOOD PRODUCTION 2) LOW EMPLOYMENT RESPONSE TO OUTPUT GROWTH 3) LOW AND SLOW IMPROVEMENT IN LEVELS OF HUMAN DEVELOPMENT 4) SPURT OF INFLATION, ESPECIALLY IN FOOD PRICES, DURING LAST FEW YEARS AGRICULTURE 2000 to to South Asia Low and Middle Income Countries INDUSTRY South Asia Low and Middle Income Countries SERVICES South Asia Low and Middle Income Countries Source: WDI

8 ANNUAL GROWTH RATE OF FOOD PRODUCTION 2000 to 2005: 1.9% 2005 to 2010: 2.6% ANNUAL GROWTH RATE IN PRODUCTION OF CEREALS 1998 to 2008 Rice: 1.7% Wheat: 1.2% Cereals: 1.8% SOUTH ASIA NOW HAS A NET DEFICIT IN TRADE IN FOOD ITEMS IMPORTS OF WHEAT HAVE REACHED A PEAK OF OVER 10 MILLION TONS THE PROPORTION OF UNDERNOURISHED IN POPULATION HAS DECREASED MODESTLY FROM 21.5% IN 2000 TO 17.8% IN 2011 Source: WDI, World Bank FAO Annual Rate of Growth 2000 to to South Asia (Employment Elasticity) (0.32) (0.29) (0.0) Low and Middle Income Countries (Employment Elasticity) (0.34) (0.25) 0.23 BETWEEN 2005 AND 2010, THE SHARE OF AGRICULTURE IN EMPLOYMENT HAS FALLEN FROM 54% TO 51%, WHILE THAT OF INDUSTRY HAS INCREASED FROM 19% TO 22% AND THAT OF SERVICES HAS FALLEN FROM 28% TO 26%. Source: WDI

9 5 SOUTH ASIAN COUNTRIES ARE IN THE LOWEST QUINTILE OF COUNTRIES IN THE HUMAN DEVELOPMENT INDEX AND 3 IN THE SECOND LOWEST QUINTILE MOST SOUTH ASIAN COUNTRIES HAVE FALLEN SHARPLY IN HDI RANKINGS IN 2011 RANKINGS IN GNI PER CAPITA ARE GENERALLY HIGHER OVERALL, SOUTH ASIA S HDI RANKING IS THE LOWEST AMONG REGIONS OF THE WORLD, EXCEPT SUB SAHARAN AFRICA RATE OF INCREASE IN HDI VERY SLOW IN RECENT YEARS WHILE MOST SOUTH ASIAN COUNTRIES HAVE PUBLIC EXPENDITURE ON EDUCATION OF 3.5 TO 4% OF GDP, EXPENDITURE ON HEALTH VERY LOW AT ABOUT 1% OF GDP Source: Global Human Development Report, UNDP. SPURT IN INFLATION DOUBLE DIGIT INFLATION LAST FOUR YEARS, ESPECIALLY IN FOOD PRICES, IN MOST SOUTH ASIAN COUNTRIES MORE ADVERSE IMPACT ON LOWER INCOME GROUPS THE TRADE IMBALANCE HAS BEEN ADVERSELY IMPACTED BY THE ALMOST SEVEN FOLD INCREASE IN THE OIL IMPORT BILL DURING THE LAST DECADE FISCAL DEFICITS HAVE BEEN RISING, EXCEEDING 8% OF THE GDP IN SOME COUNTRIES. LIMITED FISCAL SPACE FOR EXPANSION OF SOCIAL PROTECTION PROGRAMS Sources: IMF, WTO, ADB, World Bank

10 POLICIES AND PROGRAMS SHOULD INFLUENCE THE PROCESS OF GROWTH SUCH THAT (i). GROWTH TAKES PLACE IN SECTORS IN WHICH THE POOR WORK (ii). GROWTH SHOULD OCCUR IN BACKWARD AREAS WHERE THE POOR LIVE (iii). GROWTH SHOULD USE THE FACTORS OF PRODUCTION THAT THE POOR POSSESS AND ENHANCE THEIR CAPABILITIES (iv). GROWTH MUST KEEP PRICES OF GOODS AND SERVICES CONSUMED BY THE POOR, LIKE FOOD, RELATIVELY LOW SHARP RISE IN GLOBAL OIL AND FOOD PRICES FLUCTUATIONS IN GROWTH OF THE WORLD ECONOMY HAVE AFFECTED REGION S EXPORTS (FOR EXAMPLE, IN 2009) FOLLOWING WITHDRAWAL OF TEXTILE QUOTAS, SHARE IN GLOBAL EXPORTS OF SOUTH ASIA HAS INCREASED BY ONLY 2 PERCENTAGE POINTS ODA IS BELOW 1% OF GNI OF SOUTH ASIA, 60% fall in 2012 PRIVATE CAPITAL FLOWS TO REGION ONLY 10% OF GLOBAL TOTAL, 63% fall in 2012 VOLATILITY IN SHORT TERM PRIVATE CAPITAL INFLOWS HOME REMITTANCES HAVE FLATTENED OUT RECENTLY OVERALL, DISAPPOINTMENT ABOUT THE EXTENT OF COMMITMENT OF DEVELOPED COUNTRIES TO MDG 8 ON GLOBAL PARTNERSHIP FOR DEVELOPMENT. ONLY 5 COUNTRIES HAVE MET ODA TARGET OF 0.7% OF GNI. GLOBAL SHORTFALL CUMULATIVELY IN RELATION TO TARGET OF $ 1.5 TRILLION SINCE Source: OECD DAC, IMF, WTO, Country Economic Surveys

11 EMBODIMENT OF THE PRINCIPLES OF THE UN CHARTER IN A CONCRETE PROGRAM PROVIDED FRAMEWORK FOR INTERNATIONAL COOPERATION PROMOTED INVOLVEMENT ALSO OF CSOs AND THE PRIVATE SECTOR COMPELLED GOVERNMENTS TO INVESTING IN THE PEOPLE AND INCREASED ACCOUNTABILITY OF PERFORMACE ENABLED FOCUS ON DEVELOPMENT OUTCOMES/RESULTS RATHER THAN ON EXPENDITURE/INPUTS FEWER TARGETS*, WITH PRIMARY FOCUS ON ELIMINATION OF POVERTY AND HUNGER NEED FOR EXPLICIT FOCUS ON REDUCTION IN INEQUALITY IDENTIFICATION OF EMERGING RISKS DUE TO: ~ GLOBAL ECONOMIC SLOWDOWN ~ HIGH OIL AND FOOD PRICES ~ GLOBAL CLIMATE CHANGE UNDERSCORING DEMOCRATIC GOVERNANCE SPECIAL EMPHASIS ON LDCs, CONFLICT AFFECTED AND FRAGILE COUNTRIES STRONGER FOCUS ON HEALTH RELATED INTERVENTIONS RECOGNITION OF NEED FOR INVESTMENT IN INFRASTRUCTURE, ESPECIALLY ENERGY AND WATER * CURRENTLY 48 TARGETS

12 LOCALISATION : MORE OWNERSHIP BY NATIONAL STAKEHOLDERS SETTING OF MORE REALISTIC TARGETS LOOKING BEYOND AVERAGES : IDENTIFICATION OF AND TARGETING SPECIAL GROUPS PROMOTING SOUTH SOUTH COOPERATION: EMERGING DONORS, STRONGER LINKAGES OF REGIONAL TRADE AND INVESTMENT, STRENGTHENING OF REGIONAL FINANCIAL INSTITUTIONS GREATER INVOLVEMENT OF LARGE INTERNATIONAL NGOs AND FOUNDATIONS G 20 SHOULD NOT BE SEEN AS A PROCESS OF EXCLUSION OF THE REST OF G 77 CONVENE GLOBAL CONFERENCE ON MDGs +10 TO DISCUSS DEVELOPMENT GOALS UPTO 2025

Asia and the Pacific s Perspectives on the Post-2015 Development Agenda

Asia and the Pacific s Perspectives on the Post-2015 Development Agenda Ver: 2 Asia and the Pacific s Perspectives on the Post-2015 Development Agenda Dr. Noeleen Heyzer Executive Secretary United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Bangkok

More information

Goal 1: Eradicate Extreme Poverty and Hunger

Goal 1: Eradicate Extreme Poverty and Hunger 59 In 15 economies of the Asia and Pacific region, including some of the most populous, more than 10% of the population live on less than $1 a day. In 20 economies, again including some of the most populous,

More information

Vulnerabilities and Challenges: Asia

Vulnerabilities and Challenges: Asia Global Development Network GDN 14 th Annual Global Development Conference 19-21 June 2013 ADB Manila Vulnerabilities and Challenges: Asia Vinod Thomas Director General, Independent Evaluation Asian Development

More information

The Human Face of the Financial Crisis

The Human Face of the Financial Crisis The Human Face of the Financial Crisis Prof. Leonor Magtolis Briones UP National College of Public Administration and Governance and Co-Convenor, Social Watch Philippines Fourth Annual Forum of Emerging

More information

Globalization GLOBALIZATION REGIONAL TABLES. Introduction. Key Trends. Key Indicators for Asia and the Pacific 2009

Globalization GLOBALIZATION REGIONAL TABLES. Introduction. Key Trends. Key Indicators for Asia and the Pacific 2009 GLOBALIZATION 217 Globalization The People s Republic of China (PRC) has by far the biggest share of merchandise exports in the region and has replaced Japan as the top exporter. The largest part of Asia

More information

ASIA S DEVELOPMENT CHALLENGES

ASIA S DEVELOPMENT CHALLENGES ASIA S DEVELOPMENT CHALLENGES The Asian Century: Plausible But Not Pre-ordained a five lecture series Distinguished Fellow, NCAER March 31, 2015 a ten seminar series Moderated by 1 LECTURE 1: THE TWO FACES

More information

INCLUSIVE GROWTH AND POLICIES: THE ASIAN EXPERIENCE. Thangavel Palanivel Chief Economist for Asia-Pacific UNDP, New York

INCLUSIVE GROWTH AND POLICIES: THE ASIAN EXPERIENCE. Thangavel Palanivel Chief Economist for Asia-Pacific UNDP, New York INCLUSIVE GROWTH AND POLICIES: THE ASIAN EXPERIENCE Thangavel Palanivel Chief Economist for Asia-Pacific UNDP, New York Growth is Inclusive When It takes place in sectors in which the poor work (e.g.,

More information

Population. C.4. Research and development. In the Asian and Pacific region, China and Japan have the largest expenditures on R&D.

Population. C.4. Research and development. In the Asian and Pacific region, China and Japan have the largest expenditures on R&D. Statistical Yearbook for Asia and the Pacific 2013 C. Education and knowledge C.4. (R&D) is a critical element in the transition towards a knowledgebased economy. It also contributes to increased productivity,

More information

Current Situation and Outlook of Asia and the Pacific

Current Situation and Outlook of Asia and the Pacific Current Situation and Outlook of Asia and the Pacific Dr. Aynul Hasan, Chief, DPS, MPDD Dr. M. Hussain Malik, Chief, MPAS, MPDD High-level Policy Dialogue Macroeconomic Policies for Sustainable and Resilient

More information

Current Situation and Outlook of Asia and the Pacific

Current Situation and Outlook of Asia and the Pacific ESCAP High-level Policy Dialogue Ministry of Finance of the Republic of International Economic Summit 2013 Eleventh Bank Annual International Seminar Macroeconomic Policies for Sustainable Growth with

More information

VIII. Government and Governance

VIII. Government and Governance 247 VIII. Government and Governance Snapshot Based on latest data, three-quarters of the economies in Asia and the Pacific incurred fiscal deficits. Fiscal deficits also exceeded 2% of gross domestic product

More information

Pakistan 2.5 Europe 11.5 Bangladesh 2.0 Japan 1.8 Philippines 1.3 Viet Nam 1.2 Thailand 1.0

Pakistan 2.5 Europe 11.5 Bangladesh 2.0 Japan 1.8 Philippines 1.3 Viet Nam 1.2 Thailand 1.0 173 People Snapshots Asia and the Pacific accounts for nearly 55% of global population and 6 of the world s 10 most populous economies. The region s population is forecast to grow by almost 1 billion by

More information

Inequality of opportunity in Asia and the Pacific

Inequality of opportunity in Asia and the Pacific Inequality of opportunity in Asia and the Pacific Expert Group meeting on Addressing inequalities and challenges to social inclusion through fiscal, wage and social protection policies Thérèse Björk Social

More information

Aid for Trade in Asia and the Pacific: ADB's Perspective

Aid for Trade in Asia and the Pacific: ADB's Perspective Aid for Trade in Asia and the Pacific: ADB's Perspective Juzhong Zhuang Assistant Chief Economist Economics and Research Department Asian Development Bank GTAP Conference Roundtable Discussion: Towards

More information

Inequality of Outcomes

Inequality of Outcomes USD Inequality of Outcomes 1. Introduction Economic inequality generally refers to the disproportionate distribution of income, assets or wealth among households in a society. However, the overall welfare

More information

Poverty Alleviation and Inclusive Social Development in Asia and the Pacific

Poverty Alleviation and Inclusive Social Development in Asia and the Pacific Poverty Alleviation and Inclusive Social Development in Asia and the Pacific Nagesh Kumar, Director, Social Development Division, UN-ESCAP At EGM on Strategies for Eradicating Poverty to achieve Sustainable

More information

Edexcel (B) Economics A-level

Edexcel (B) Economics A-level Edexcel (B) Economics A-level Theme 2: The Wider Economic Environment 2.4 Life in a Global Economy 2.4.2 Developed, emerging and developing economies Notes Indicators of growth: o GDP per capita GDP per

More information

Goal 7. Ensure access to affordable, reliable, sustainable and modern energy for all

Goal 7. Ensure access to affordable, reliable, sustainable and modern energy for all Goal 7. Ensure access to affordable, reliable, sustainable and modern energy for all Table 4.1: Selected Indicators for SDG 7 - Energy Efficiency and Access to Modern and Renewable Energy Sources By 2030,

More information

Female Labor Force Participation: Contributing Factors

Female Labor Force Participation: Contributing Factors REGIONAL SEMINAR WOMEN S EMPLOYMENT, ENTREPRENEURSHIP & EMPOWERMENT: MOVING FORWARD ON IMPERFECT PATHWAYS Female Labor Force Participation: Contributing Factors Valerie Mercer-Blackman Senior Economist

More information

The IISD Global Subsidies Initiative Barriers to Reforming Fossil Fuel Subsidies: Lessons Learned from Asia

The IISD Global Subsidies Initiative Barriers to Reforming Fossil Fuel Subsidies: Lessons Learned from Asia Barriers to Reforming Fossil Fuel Subsidies: Lessons Learned from Asia Tara Laan Global Subsidies Initiative 20 June 2014 Outline of presentation 1. Introduction to the GSI 2. Scale of fossil-fuel subsidies

More information

Bangladesh: towards middle-income status

Bangladesh: towards middle-income status Bangladesh: towards middle-income status Martin Rama Chief Economist for South Asia, the World Bank * SANEM Annual Economists Conference Dhaka, 2016 * With Miklos Bankuti. Zahid Hussain, and Fan Zhang

More information

Aid for Trade and the Asian Development Bank. Asian Development Bank

Aid for Trade and the Asian Development Bank. Asian Development Bank Aid for Trade and the Asian Development Bank Ganeshan Wignaraja Asian Development Bank Aid for Trade: One Year On, ODI, London, 24 May 2007 Messages Amidst success stories in outwardorientation, the Asia-Pacific

More information

THE FASTEST GROWING LEAST DEVELOPED COUNTRIES

THE FASTEST GROWING LEAST DEVELOPED COUNTRIES Wioletta NOWAK University of Wroclaw THE FASTEST GROWING LEAST DEVELOPED COUNTRIES Case Study Keywords Economic development, Economic growth, LDCs JEL Classification O11, O47, O57 Abstract The paper presents

More information

Towards South Asian Economic Union- Trade Facilitation including Customs Cooperation

Towards South Asian Economic Union- Trade Facilitation including Customs Cooperation Towards South Asian Economic Union- Trade Facilitation including Customs Cooperation Shashank Priya Commissioner of Central Excise & Service Tax, Patna Linkage between TF and Trade Growth Several Studies

More information

Monitoring Country Progress in Pakistan

Monitoring Country Progress in Pakistan Monitoring Country Progress in Pakistan Program Office OAPA & USAID/Pakistan U.S. Agency for International Development Pakistan Institute for Development Economics September, 21 st, 211 Economic Reforms

More information

MDG s in Asia and the Pacific

MDG s in Asia and the Pacific Workshop on MDG Monitoring: 2015 and beyond MDG s in Asia and the Pacific 9-13 July, 2012 Bangkok, Thailand 1 Introduction Introduction Progress assessment UN MDG Indicators database Asia-Pacific Regional

More information

Inclusive Green Growth Index (IGGI): A New Benchmark for Well-being in Asia and the Pacific

Inclusive Green Growth Index (IGGI): A New Benchmark for Well-being in Asia and the Pacific Inclusive Green Growth Index (IGGI): A New Benchmark for Well-being in Asia and the Pacific Presented by Radtasiri Wachirapunyanont Intern Governance Thematic Group VPKM and ERCD Outline Stock-taking Introduction

More information

HIGHLIGHTS. Part I. Sustainable Development Goals. People

HIGHLIGHTS. Part I. Sustainable Development Goals. People xxix HIGHLIGHTS Part I. Sustainable Development Goals The Millennium Development Goals (MDGs) had shaped development policies around the world with specific, time-bound, and quantifiable targets since

More information

Key Indicators. for Asia and the Pacific. 40th Edition HIGHLIGHTS. SPECIAL CHAPTER Enterprises in Asia: Fostering Dynamism in SMEs

Key Indicators. for Asia and the Pacific. 40th Edition HIGHLIGHTS. SPECIAL CHAPTER Enterprises in Asia: Fostering Dynamism in SMEs Key Indicators for Asia and the Pacific 2009 40th Edition HIGHLIGHTS SPECIAL CHAPTER Enterprises in Asia: Fostering Dynamism in SMEs 2009 Asian Development Bank All rights reserved. Published 2009. Printed

More information

Social Outlook for Asia and the Pacific: Poorly Protected. Predrag Savic, Social Development Division, ESCAP. Bangkok, November 13, 2018

Social Outlook for Asia and the Pacific: Poorly Protected. Predrag Savic, Social Development Division, ESCAP. Bangkok, November 13, 2018 Social Outlook for Asia and the Pacific: Poorly Protected Predrag Savic, Social Development Division, ESCAP Bangkok, November 13, 2018 Outline 1. Poverty as a challenge in Asia and the Pacific 2. Lack

More information

Poverty in the Third World

Poverty in the Third World 11. World Poverty Poverty in the Third World Human Poverty Index Poverty and Economic Growth Free Market and the Growth Foreign Aid Millennium Development Goals Poverty in the Third World Subsistence definitions

More information

Full file at

Full file at Chapter 2 Comparative Economic Development Key Concepts In the new edition, Chapter 2 serves to further examine the extreme contrasts not only between developed and developing countries, but also between

More information

Guanghua Wan Principal Economist, Asian Development Bank. Toward Higher Quality Employment in Asia

Guanghua Wan Principal Economist, Asian Development Bank. Toward Higher Quality Employment in Asia Guanghua Wan Principal Economist, Asian Development Bank Toward Higher Quality Employment in Asia 1 Key messages Asia continued its robust growth accompanied by significant poverty reduction But performance

More information

Figure 1.1: Percentage Distribution of Population by Global Region, and by Economy in Asia and the Pacific, 2014

Figure 1.1: Percentage Distribution of Population by Global Region, and by Economy in Asia and the Pacific, 2014 195 People Snapshots Asia and the Pacific accounts for nearly 55% of the global population and six of the world s 10 most populous economies. The region s population is forecast to grow to 5.3 billion

More information

Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific

Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific Highlights Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific Highlights Creative Commons Attribution

More information

Introduction to the Millennium Development Goals

Introduction to the Millennium Development Goals 61 Introduction to the Millennium Development Goals At the Millennium Summit in September 2000, the largest gathering of world leaders in history adopted the United Nations Millennium Declaration, committing

More information

Asian Development Bank

Asian Development Bank Asian Development Bank March 2018 President Takehiko Nakao Azerbaijan ADB Regional Members(48 economies) Uzbekistan Kazakhstan Georgia Armenia Turkmenistan Afghanistan Pakistan Bangladesh Maldives Kyrgyz

More information

Leaving no one behind in Asia and the Pacific

Leaving no one behind in Asia and the Pacific Leaving no one behind in Asia and the Pacific Addis Ababa, April 18 20, 2018 Predrag Savic, ESCAP POVERTY AND INEQUALITY IN ASIA AND THE PACIFIC 1 Outline 1. Outline 2. Context 3. Poverty in Asia and the

More information

Introduction. Sustainable Development Goals

Introduction. Sustainable Development Goals 3 Introduction Across the world, individual economies are working towards achieving the 17 goals and 169 targets set within the framework of the Sustainable Development Goals (SDGs). Progress towards meeting

More information

Asian Development Bank

Asian Development Bank Asian Development Bank October 2015 President Takehiko Nakao Azerbaijan ADB Regional Members(48 economies) Uzbekistan Kazakhstan Georgia Armenia Turkmenistan Afghanistan Pakistan Kyrgyz Republic Mongolia

More information

Presented by Sarah O Keefe External Relations Officer European Representative Office Frankfurt, Germany

Presented by Sarah O Keefe External Relations Officer European Representative Office Frankfurt, Germany Asian Development Bank ADB Business Opportunities Seminar AICEP Portugal Global Av. 5 de Outubro, 101 1050-051 Lisboa 4 October 2012 Introduction ti to ADB Presented by Sarah O Keefe External Relations

More information

The state of human development in the world and in Moldova. Antonio Vigilante

The state of human development in the world and in Moldova. Antonio Vigilante The state of human development in the world and in Moldova Antonio Vigilante HUMAN DEVELOPMENT INDEX 1. Norway 0.953 2. Switzerland 0,944 3. Australia 0, 959 187. South Sudan 0,388; 188. Central African

More information

Test Bank for Economic Development. 12th Edition by Todaro and Smith

Test Bank for Economic Development. 12th Edition by Todaro and Smith Test Bank for Economic Development 12th Edition by Todaro and Smith Link download full: https://digitalcontentmarket.org/download/test-bankfor-economic-development-12th-edition-by-todaro Chapter 2 Comparative

More information

Acore principle of the United Nations Millennium

Acore principle of the United Nations Millennium III. PARTNERSHIPS FOR ACHIEVING THE MDGs INTRODUCTION Acore principle of the United Nations Millennium Declaration is that human development is a shared responsibility. The Declaration resolves therefore

More information

APPENDIXES. 1: Regional Integration Tables. Table Descriptions. Regional Groupings. Table A1: Trade Share Asia (% of total trade)

APPENDIXES. 1: Regional Integration Tables. Table Descriptions. Regional Groupings. Table A1: Trade Share Asia (% of total trade) 1: Regional Integration Tables The statistical appendix is comprised of 10 tables that present selected indicators on economic integration covering the 48 regional members of the n Development Bank (ADB).

More information

Inequality in Asia and the Pacific

Inequality in Asia and the Pacific Inequality in Asia and the Pacific Inter-regional Expert Group Mee3ng Placing Equality at the Centre of Agenda 2030 Patrik Andersson Chief, Sustainable Socioeconomic Transforma9on Sec9on Social Development

More information

Bangladesh s Graduation and Economic Realignment within South Asia. Amitendu Palit 1

Bangladesh s Graduation and Economic Realignment within South Asia. Amitendu Palit 1 ISAS Brief No. 576 23 May 2018 Institute of South Asian Studies National University of Singapore 29 Heng Mui Keng Terrace #08-06 (Block B) Singapore 119620 Tel: (65) 6516 4239 Fax: (65) 6776 7505 www.isas.nus.edu.sg

More information

IMPROVING THE QUALITY OF DATA USED FOR INDICATORS FOR THE MILLENNIUM DEVELOPMENT GOALS AND TARGETS

IMPROVING THE QUALITY OF DATA USED FOR INDICATORS FOR THE MILLENNIUM DEVELOPMENT GOALS AND TARGETS Committee for the Coordination of Statistical Activities SA/2003/17 Second session 2 September 2003 Geneva, 8-10 September 2003 Item 10(e) of the Provisional Agenda IMPROVING THE QUALITY OF DATA USED FOR

More information

Trade led Growth in Times of Crisis Asia Pacific Trade Economists Conference 2 3 November 2009, Bangkok. Session 10

Trade led Growth in Times of Crisis Asia Pacific Trade Economists Conference 2 3 November 2009, Bangkok. Session 10 Trade led Growth in Times of Crisis Asia Pacific Trade Economists Conference 2 3 November 2009, Bangkok Session 10 Trade and Social Development: The Case of Asia Nilanjan Banik Asia Pacific Research and

More information

V. Transport and Communications

V. Transport and Communications 215 V. Transport and Communications Snapshot In 2013, occupants of four-wheeled vehicles comprised a plurality of traffic-related deaths in 15 of 35 regional economies for which data are available. Air

More information

Making Growth Work for the Poor: The Challenge of Inclusive Growth

Making Growth Work for the Poor: The Challenge of Inclusive Growth 15/SOM1/EC/39 Agenda Item: 7 Making Growth Work for the Poor: The Challenge of Inclusive Growth Purpose: Information Submitted by: World Bank First Economic Committee Meeting Clark, Philippines 4-5 February

More information

The Beijing Declaration on South-South Cooperation for Child Rights in the Asia Pacific Region

The Beijing Declaration on South-South Cooperation for Child Rights in the Asia Pacific Region The Beijing Declaration on South-South Cooperation for Child Rights in the Asia Pacific Region 1. We, the delegations of Afghanistan, Bangladesh, Bhutan, Brunei Darussalam, Cambodia, China, Democratic

More information

Figure 2.1.1: Percentage Distribution of Population by Global Region, and by Economy in Asia and the Pacific, 2017

Figure 2.1.1: Percentage Distribution of Population by Global Region, and by Economy in Asia and the Pacific, 2017 71 I. People Snapshot The combined population of Asia and the Pacific reached 4,141 million in 2017, or 54.8% of the world s total population, down from 56.0% in 2000. In 2017, 5 of the 10 most populous

More information

Millennium Development Goals: Progress in Asia and the Pacific 2006

Millennium Development Goals: Progress in Asia and the Pacific 2006 Millennium Development Goals: Progress in Asia and the Pacific 2006 This report is the latest update on the progress towards MDGs in Asia and the Pacific. By zooming in on specific indicators, the report

More information

PRIVATE CAPITAL FLOWS RETURN TO A FEW DEVELOPING COUNTRIES AS AID FLOWS TO POOREST RISE ONLY SLIGHTLY

PRIVATE CAPITAL FLOWS RETURN TO A FEW DEVELOPING COUNTRIES AS AID FLOWS TO POOREST RISE ONLY SLIGHTLY The World Bank News Release No. 2004/284/S Contacts: Christopher Neal (202) 473-7229 Cneal1@worldbank.org Karina Manaseh (202) 473-1729 Kmanasseh@worldbank.org TV/Radio: Cynthia Case (202) 473-2243 Ccase@worldbank.org

More information

Outline of Presentation

Outline of Presentation DEMOGRAPHIC CHANGE AND ITS IMPLICTIONS FOR LABOUR MOBILITY IN ASIA AND THE PACIFIC by Graeme Hugo University Professorial Research Fellow Professor of Geography and Director of the National Centre for

More information

Transport and Communications

Transport and Communications 243 Transport and Communications Snapshots Road networks have expanded rapidly in most economies in Asia and the Pacific since 1990. The latest data show that the People s Republic of China (PRC) and account

More information

Global Humanitarian Assistance. Korea 대한민국

Global Humanitarian Assistance. Korea 대한민국 Global Humanitarian Assistance Korea 대한민국 Profile November 2011 Contents Overview... 1 History of assistance... 1 Aid architecture... 1 Humanitarian aid engagement... 3 Official development assistance

More information

Urbanization trends in South Asia: Issues and Policy options

Urbanization trends in South Asia: Issues and Policy options Urbanization trends in South Asia: Issues and Policy options Umer Akhlaq Malik Senior Research Fellow Mahbub ul Haq Human Development Centre(MHHDC) Aims and Objectives This presentation explains the urbanization

More information

Issues, Threats and responses Vanessa Tobin UNICEF Representative Philippines

Issues, Threats and responses Vanessa Tobin UNICEF Representative Philippines Impact of the Economic Crisis on Children in Asia and the Philippines Issues, Threats and responses Vanessa Tobin UNICEF Representative Philippines Lessons learn from 1997 crisis Globalization has both

More information

Table 1. Nepal: Monthly Data for Key Macroeconomic Indicators.

Table 1. Nepal: Monthly Data for Key Macroeconomic Indicators. Table 1. : Monthly Data for Key Macroeconomic Indicators. 1 1 Year-on-year change, in percent Oct Nov Dec FY to date Oct Nov Dec FY to date Oct Nov Dec FY to date ( months) ( months) ( months) Inflation

More information

Inequality in Asia: Trends, Drivers and Policy Implications

Inequality in Asia: Trends, Drivers and Policy Implications Inequality in Asia: Trends, Drivers and Policy Implications Juzhong Zhuang Deputy Chief Economist Asian Development Bank Presentation at 215 Hitotsubashi University-IMF Seminar on Inequality, March 12-13,

More information

Asia s Economic Transformation Where to, How, and How Fast?

Asia s Economic Transformation Where to, How, and How Fast? Asia s Economic Transformation Where to, How, and How Fast? Key Indicators for Asia and the Pacific 13 Special Chapter Jesus Felipe Advisor to the Chief Economist Economics and Research Department Asian

More information

Decent Work for All ASIAN DECENT WORK DECADE

Decent Work for All ASIAN DECENT WORK DECADE Tourism and employment in Asia: Challenges and opportunities in the context of the economic crisis Guy Thijs Deputy Regional Director ILO Regional Office for Asia and the Pacific Decent Work for All ASIAN

More information

Making the Most of Cheap Oil

Making the Most of Cheap Oil South Asia Economic Focus- Spring 2015 Making the Most of Cheap Oil Selected insights from ongoing analysis Chief Economist Office, South Asia The World Bank The growth impact of cheaper oil will vary

More information

Charting Cambodia s Economy

Charting Cambodia s Economy Charting Cambodia s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June

More information

Pakistan s Economy: Opportunities and Challenges I have been asked to speak today on the subject of Opportunities and Challenges for Pakistan s

Pakistan s Economy: Opportunities and Challenges I have been asked to speak today on the subject of Opportunities and Challenges for Pakistan s Pakistan s Economy: Opportunities and Challenges I have been asked to speak today on the subject of Opportunities and Challenges for Pakistan s Economy. I have a very simple take on this. The current economic

More information

CAMBODIA SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement

CAMBODIA SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement CAMBODIA SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement Nov Dec 2016 Contents Objectives of the Engagement Country Context Main research questions I. What are the challenges to sustaining economic growth?

More information

Lecture 1. Introduction

Lecture 1. Introduction Lecture 1 Introduction In this course, we will study the most important and complex economic issue: the economic transformation of developing countries into developed countries. Most of the countries in

More information

1400 hrs 14 June The Millennium Development Goals (MDGs): The Role of Governments and Public Service Notes for Discussion

1400 hrs 14 June The Millennium Development Goals (MDGs): The Role of Governments and Public Service Notes for Discussion 1400 hrs 14 June 2010 Slide I The Millennium Development Goals (MDGs): The Role of Governments and Public Service Notes for Discussion I The Purpose of this Presentation is to review progress in the Achievement

More information

Figure 1. Nepal: Recent Macro-Economic Developments

Figure 1. Nepal: Recent Macro-Economic Developments Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Aug- Figure. : Recent Macro-Economic Developments Real GDP growth is estimated at. percent in /. Growth rebounded to. percent

More information

Overview of East Asia Infrastructure Trends and Challenges

Overview of East Asia Infrastructure Trends and Challenges Overview of East Asia Infrastructure Trends and Challenges Christian Delvoie. Director, Knowledge Strategy Group, The World Bank Until September 28: Director, Sustainable Development, East Asia and Pacific

More information

Pro-poor Growth and Policies: The Asian Experience

Pro-poor Growth and Policies: The Asian Experience The Pakistan Development Review 42 : 4 Part I (Winter 2003) pp. 313 348 The Quaid-i-Azam Memorial Lecture Pro-poor Growth and Policies: The Asian Experience HAFIZ A. PASHA and T. PALANIVEL The objective

More information

Charting South Korea s Economy, 1H 2017

Charting South Korea s Economy, 1H 2017 Charting South Korea s Economy, 1H 2017 Designed to help executives interpret economic numbers and incorporate them into company s planning. Publication Date: January 3 rd, 2017 Next Issue: To be published

More information

Contemporary Human Geography, 2e. Chapter 9. Development. Lectures. Karl Byrand, University of Wisconsin-Sheboygan Pearson Education, Inc.

Contemporary Human Geography, 2e. Chapter 9. Development. Lectures. Karl Byrand, University of Wisconsin-Sheboygan Pearson Education, Inc. Contemporary Human Geography, 2e Lectures Chapter 9 Development Karl Byrand, University of Wisconsin-Sheboygan 9.1 Human Development Index Development The process of improving the material conditions of

More information

Asian Pacific Islander Catholics in the United States: A Preliminary Report 1

Asian Pacific Islander Catholics in the United States: A Preliminary Report 1 Asian Pacific Islander Catholics in the United States: A Preliminary Report 1 January 14, 2015 Prepared by Jerry Z. Park W. Matthew Henderson Kenneth Vaughan Baylor University 2 Tricia Bruce Maryville

More information

Explanatory note on the 2014 Human Development Report composite indices. Solomon Islands

Explanatory note on the 2014 Human Development Report composite indices. Solomon Islands Human Development Report 2014 Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience Explanatory note on the 2014 Human Development Report composite indices Solomon Islands HDI values

More information

RECENT TRENDS AND DYNAMICS SHAPING THE FUTURE OF MIDDLE INCOME COUNTRIES IN AFRICA. Jeffrey O Malley Director, Data, Research and Policy UNICEF

RECENT TRENDS AND DYNAMICS SHAPING THE FUTURE OF MIDDLE INCOME COUNTRIES IN AFRICA. Jeffrey O Malley Director, Data, Research and Policy UNICEF RECENT TRENDS AND DYNAMICS SHAPING THE FUTURE OF MIDDLE INCOME COUNTRIES IN AFRICA Jeffrey O Malley Director, Data, Research and Policy UNICEF OUTLINE 1. LICs to LMICs to UMICs: the recent past 2. MICs

More information

CIE Economics A-level

CIE Economics A-level CIE Economics A-level Topic 4: The Macroeconomy c) Classification of countries Notes Indicators of living standards and economic development The three dimensions of the Human Development Index (HDI) The

More information

9.1 Human Development Index Development improving the material conditions diffusion of knowledge and technology Measure by HDI

9.1 Human Development Index Development improving the material conditions diffusion of knowledge and technology Measure by HDI 9: Development 9.1 Human Development Index Development improving the material conditions diffusion of knowledge and technology Measure by HDI Standard of living Access to knowledge Life expectancy 9.1

More information

Charting Indonesia s Economy, 1H 2017

Charting Indonesia s Economy, 1H 2017 Charting Indonesia s Economy, 1H 2017 Designed to help executives interpret economic numbers and incorporate them into company s planning. Publication Date: January 3 rd, 2017 Next Issue: To be published

More information

Information Meeting of States Parties to the World Heritage Convention. Friday 22 January 2003 Paris UNESCO Room IV

Information Meeting of States Parties to the World Heritage Convention. Friday 22 January 2003 Paris UNESCO Room IV Information Meeting of States Parties to the World Heritage Convention Friday 22 January 2003 Paris UNESCO Room IV Periodic Reporting on the Implementation of the World Heritage Convention in the Asia

More information

Figure 1. Nepal: Recent Fiscal Developments

Figure 1. Nepal: Recent Fiscal Developments Figure 1. : Recent Fiscal Developments Strong revenue growth combined with subdued capital spending kept the budget in surplus the past years. Fiscal Performance Revenue Capital expenditure 1 Current expenditure

More information

The Challenge of Inclusive Growth: Making Growth Work for the Poor

The Challenge of Inclusive Growth: Making Growth Work for the Poor 2015/FDM2/004 Session: 1 The Challenge of Inclusive Growth: Making Growth Work for the Poor Purpose: Information Submitted by: World Bank Group Finance and Central Bank Deputies Meeting Cebu, Philippines

More information

Asia-Pacific Effective Development Co-operation Report 2014

Asia-Pacific Effective Development Co-operation Report 2014 Asia-Pacific Effective Development Co-operation Report 2014 Australian Government Department of Foreign Affairs and Trade Asia-Pacific Effective Development Co-operation Report 2014 Australian Government

More information

Inclusive Growth: The Asian Experience By Hafiz A. Pasha

Inclusive Growth: The Asian Experience By Hafiz A. Pasha Inclusive Growth: The Asian Experience By Hafiz A. Pasha Asia-Pacific has been the fastest growing region in the world over the last few decades, and has been at the forefront of the process of globalization.

More information

Chapter 5: Internationalization & Industrialization

Chapter 5: Internationalization & Industrialization Chapter 5: Internationalization & Industrialization Chapter 5: Internationalization & Industrialization... 1 5.1 THEORY OF INVESTMENT... 4 5.2 AN OPEN ECONOMY: IMPORT-EXPORT-LED GROWTH MODEL... 6 5.3 FOREIGN

More information

Visualizing. Rights C E SR. Making Human Rights Accountability More Graphic. Center for Economic and Social Rights. fact sheet no.

Visualizing. Rights C E SR. Making Human Rights Accountability More Graphic. Center for Economic and Social Rights. fact sheet no. Center for Economic and Social Rights India Making Human Rights Accountability More Graphic This fact sheet is intended to contribute to ongoing monitoring work to hold states accountable for their economic

More information

Addressing Inequality in South Asia

Addressing Inequality in South Asia Addressing Inequality in South Asia 2014 Annual Meetings IMF/World Bank October 9, 2014 Martin Rama Based on standard monetary indicators, South Asia has moderate levels of inequality Sources: Based on

More information

- 2 - II. FRAGILE STATES AND THE INTERNATIONAL AID ARCHITECTURE

- 2 - II. FRAGILE STATES AND THE INTERNATIONAL AID ARCHITECTURE - 2 - selective enhancement of this support. Section V outlines how IDA supports fragile states through World Bank and donor-financed trust funds, as well as through the World Bank s budget. Section VI

More information

UNCTAD Public Symposium May, "Responding to Global Crises: New Development Paths"

UNCTAD Public Symposium May, Responding to Global Crises: New Development Paths UNCTAD Public Symposium 2010 10-11 May, 2010 "Responding to Global Crises: New Development Paths" Presentation Recovery with a Human Face Breakout Session - The Global Economic Crisis and Developing Countries:

More information

Potential Impact of Global Financial Crisis and Economic Slowdown on Food Security

Potential Impact of Global Financial Crisis and Economic Slowdown on Food Security Potential Impact of Global Financial Crisis and Economic Slowdown on Food Security 27 February 2009 Global financial crisis and economic slowdown is hurting countries across the board. High food and fuel

More information

Equity and Access to Education: Themes, Tensions, and Policies

Equity and Access to Education: Themes, Tensions, and Policies Education in Developing Asia Volume 4 Equity and Access to Education: Themes, Tensions, and Policies W.O. Lee Asian Development Bank Comparative Education Research Centre The University of Hong Kong 2002

More information

Trade, Employment and Inclusive Growth in Asia. Douglas H. Brooks Jakarta, Indonesia 10 December 2012

Trade, Employment and Inclusive Growth in Asia. Douglas H. Brooks Jakarta, Indonesia 10 December 2012 Trade, Employment and Inclusive Growth in Asia Douglas H. Brooks Jakarta, Indonesia 10 December 2012 Relationship between trade and growth is wellestablished 6 Openness and Growth - Asia annual growth

More information

Figure 1. Nepal: Recent Macro-Economic Developments

Figure 1. Nepal: Recent Macro-Economic Developments May- May- May- May- Figure. : Recent Macro-Economic Developments Real GDP growth is estimated at. percent in /. Growth rebounded to. percent in /, after a slump due to the earthquakes and trade disruptions.

More information

Evaluation of Aid for Trade

Evaluation of Aid for Trade Third Party Evaluation Report 2011 The Ministry of Foreign Affairs of Japan Evaluation of Aid for Trade -Summary- February 2012 Mizuho Information & Research Institute, Inc. Preface This report is a summary

More information

Chapter 2 Overview of Sudanese Economy and the Status of ICT in Sudan

Chapter 2 Overview of Sudanese Economy and the Status of ICT in Sudan Chapter 2 Overview of Sudanese Economy and the Status of ICT in Sudan 2.1 Introduction This chapter provides a general overview of the socio-economic characteristics of the Sudanese economy and explains

More information

Statistical Yearbook. for Asia and the Pacific

Statistical Yearbook. for Asia and the Pacific Statistical Yearbook for Asia and the Pacific 2015 Statistical Yearbook for Asia and the Pacific 2015 Sustainable Development Goal 1 End poverty in all its forms everywhere 1.1 Poverty trends...1 1.2 Data

More information

Briefing Paper Pakistan Floods 2010: Country Aid Factsheet

Briefing Paper Pakistan Floods 2010: Country Aid Factsheet August 2010 Briefing Paper Pakistan Floods 2010: Country Aid Factsheet Pakistan is in the grips of a major natural disaster with severe flooding affecting an estimated three million people. As the government

More information

Comparative Economic Development

Comparative Economic Development Chapter 3 Comparative Economic Development Principles and Concepts 1 I. Common characteristics of developing countries These features in common are on average and with great diversity, in comparison with

More information