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

Size: px
Start display at page:

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

Transcription

1 Guanghua Wan Principal Economist, Asian Development Bank Toward Higher Quality Employment in Asia 1

2 Key messages Asia continued its robust growth accompanied by significant poverty reduction But performance in countries has been uneven o Low-income countries not doing as well o Non-income indicators diverge widely o Asia is far behind in terms of quality of employment Inclusive growth is key to avoiding social tensions and sustained growth o Improving quality employment supports inclusive growth (special chapter) o Different stages of development require different policy interventions 2

3 Asia exhibited high and robust growth percent Annual Average Growth of Real GDP (%) Developing Asia Sub-Saharan Africa Latin America and Caribbean OECD 3

4 that led to significant poverty declines Percent % Poverty Head Count Ratio ($ 1.25 Poverty Line) 35 % 28 % 22 % Source: Wan and Sebastian (2011)

5 There are 150 million less poor between 2005 and 2008 Number of poor (in million) Number of Poor $1.25 Poverty Line -150 million Source: Wan and Sebastian (2011)

6 but progress is limited in poorer countries Percent Change in the Number of Poor, ($1.25 Poverty Line) Developing Asia High middle income Low middle income -7.0 Low income Percent Note: High middle, low middle, and low income correspond to internal ADB classifications. 6 Source: Wan and Sebastian (2011)

7 and slower between the $1.25 to $2 poverty range Number of Poor 2000 Number of poor (in million) mn -150 mn ~ $1.25-$2.00 $0- $ Source: Wan and Sebastian (2011)

8 Achievements in non-income targets uneven Gender parity: primary Gender parity: secondary Poverty Gender parity: tertiary Primary school enrollment Safe water Ante-natal care visit Survival primary school Underweight children Improved sanitation Birth attendance Under-5 mortality Under-1 mortality Maternal mortality Percent of Economies on Track to Meet the 2015 Targets 8

9 and disparity is high Goal 1 Goal 2 Goal 3 Goal 4 Goal 5 Goal 6 Goal 7 Gini Coefficients for MDGs $1.25 per day poverty Underweight children Primary enrolment Reaching last grade Primary completion Gender Primary Gender Secondary Gender tertiary Under-5 mortality Infant mortality Maternal mortality Antenatal care (=1 visit) Skilled birth attendance HIV prevalence TB incidence TB prevalence Forest cover CO2 emissions Protected area Safe drinking water Water, urban Water, rural Basic sanitation Sanitation, urban Sanitation, rural Good Moderate Poor 9 GDP Growth Source: Wan and Zhang (2011)

10 Inclusive growth is important to sustain growth Inclusive Growth Growth productive jobs and economic opportunity Access to education, health, and other social services Social safety nets Governance and Institutions KI Special Supplement: Framework for Inclusive Growth Indicators presents 35 indicators useful for operationalizing inclusive growth 10

11 Theme Chapter: Toward Higher Quality Employment in Asia 11

12 Developing Asia has had high growth and low unemployment Unemployment Rate of Selected Asian Economies percent (2007, 2009 and 2010) Thailand (Q4) Singapore (Q4) Viet Nam (annual) Malaysia (Q3) Korea, Rep. of (Q4) Hong Kong, China (Q4) PRC (Q3) Sir Lanka (Q3) Japan (Q4) Australia (Q4) Pakistan (annual) New Zealand (Q4) Philippines (Q4) Indonesia (Aug)

13 100 How about quality employment? Informal work associated with: Lower income and the working poor Underemployment Less security Absence of social safety nets Benefits Received by Formal and Informal Wage Workers Pension (% of total formal/informal wage jobs with benefit) Maternity/Paternity Sick Leave Leave Vacation Leave Armenia Bangladesh Banten Yogyakarta Armenia Bangladesh Banten Yogyakarta Formal Armenia Bangladesh Banten Informal Yogyakarta Armenia Bangladesh Banten Yogyakarta

14 Asia s informal employment is high Developing Asia Developing Europe Latin America and the Caribbean OECD 14 Informal Workers Employees Employers

15 as well as uneven and persistent Percentage of Informal Workers to Total Employment Country (years) Bangladesh ( ) India ( ) Nepal ( ) Indonesia ( ) Pakistan ( ) PRC ( ) Thailand ( ) Philippines ( ) Korea, Rep. of ( ) Malaysia ( ) Hong Kong, China ( ) Singapore ( ) Year Start End

16 Why is quality of employment poor in Asia? In middle-income countries There was structural transformation, but low wage manufacturing jobs restrictive labor policies and uncompetitive market structures In low-income countries Low productivity in all sectors Substantial transfer of surplus labor from the primary sector has not occurred 16

17 Primary sector in Asia remains high Percent Percent Developing Asia Developing Europe Latin America and the Caribbean OECD Agriculture Industry Services 17

18 High quality employment is important for reducing poverty and income inequality Informality, Poverty and Inequality ( ) 18

19 Policy recommendations for lowincome countries Increase trade and foreign direct investment in the modern sector. Managed migration from lower productivity to higher value added sectors. Support productivity increase in rural non-farm activities. Develop more skill-specific human capital through quality technical and vocational education. Extend basic level of social protection to informal workers. 19

20 Policy recommendations for middleincome countries Continue to promote open trade and foreign direct investment. Invest in human capital development through more general and higher quality secondary and tertiary education. Improve social protection systems by broadening basic health care and enhancing pension systems. 20

21 What does ADB do to support high quality employment? Examples: Technical Education and Vocational Training (TEVT) Sector Development Project in Sri Lanka TA 7746 Trade Financing Program in provides guarantees and loans to partner banks to support SMEs in international trade TA 7380 Infrastructure development Urban development project in Bangladesh to overhaul urban infrastructure and services in Dhaka and Khulna city areas TA 7415 Social Protection Support Project in the Philippines to support conditional cash transfer (CCT) and the national household targeting system for poverty reduction TA

22 Summary Asia continues its high and resilient growth. But the progress is uneven: Poverty remains high in many LDCs, and achievements of non-income targets diverge widely. Asia is far behind in terms of quality of employment. Improving quality employment is key to inclusive growth. Policies should be tailored to address critical constraints, and be aligned with a country s development stage. 22

23 Toward Higher Quality Employment in Asia Thank You 23

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

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

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

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

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

POLICY OPTIONS AND CHALLENGES FOR DEVELOPING ASIA PERSPECTIVES FROM THE IMF AND ASIA APRIL 19-20, 2007 TOKYO

POLICY OPTIONS AND CHALLENGES FOR DEVELOPING ASIA PERSPECTIVES FROM THE IMF AND ASIA APRIL 19-20, 2007 TOKYO POLICY OPTIONS AND CHALLENGES FOR DEVELOPING ASIA PERSPECTIVES FROM THE IMF AND ASIA APRIL 19-20, 2007 TOKYO RISING INEQUALITY AND POLARIZATION IN ASIA ERIK LUETH INTERNATIONAL MONETARY FUND Paper presented

More information

ASIAN TRANSFORMATIONS: An Inquiry into the Development of Nations

ASIAN TRANSFORMATIONS: An Inquiry into the Development of Nations ASIAN TRANSFORMATIONS: An Inquiry into the Development of Nations DEEPAK NAYYAR Jawaharlal Nehru University, New Delhi UNU- WIDER Development Conference Think Development, Think WIDER Helsinki 14 September

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

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

The Asian Development Bank. Transportation Infrastructure in Asia and the Pacific

The Asian Development Bank. Transportation Infrastructure in Asia and the Pacific The Transportation Infrastructure in Asia and the Pacific NCSL Legislative Summit July 22-26, 2008 New Orleans, Louisiana Transportation Committee North American Representative Office (ADB) July 2008 1

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

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

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

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

Employment opportunities and challenges in an increasingly integrated Asia and the Pacific

Employment opportunities and challenges in an increasingly integrated Asia and the Pacific Employment opportunities and challenges in an increasingly integrated Asia and the Pacific KEIS/WAPES Training on Dual Education System and Career Guidance Kee Beom Kim Employment Specialist ILO Bangkok

More information

Regional Economic Integration and Inclusive Growth

Regional Economic Integration and Inclusive Growth Regional Economic Integration and Inclusive Growth The Story Line Josef T. Yap 03 September 2012 Outline Trends in Regional Economic Integration Role of Regional Production Networks Impact on the Manufacturing

More information

Market Openness & The Labor Market

Market Openness & The Labor Market Market Openness & The Labor Market ADB-ILO-OECD Joint Conference: Trade and Employment in a Globalized World 10-11 December 2012 International Collaborative Initiative on Trade and Employment Niny Khor,

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

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

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

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

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

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

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

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

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

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

THAILAND SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement

THAILAND SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement THAILAND SYSTEMATIC COUNTRY DIAGNOSTIC Public Engagement March 2016 Contents 1. Objectives of the Engagement 2. Systematic Country Diagnostic (SCD) 3. Country Context 4. Growth Story 5. Poverty Story 6.

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

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

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

GLOBALISATION AND ASIAN YOUTH

GLOBALISATION AND ASIAN YOUTH GLOBALISATION AND ASIAN YOUTH by Graeme Hugo Federation Fellow, Professor of Geography and Director of the National Centre for Social Applications of GIS, The University of Adelaide Paper presented at

More information

Or7. The Millennium Development Goals Report

Or7. The Millennium Development Goals Report Or7 The Millennium Development Goals Report 2009 1 Goal 1 Eradicate extreme poverty and hunger Target 1.A Halve, between 1990 and 2015, the proportion of people whose income is less than one dollar a day

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

Transformation of Women at Work in Asia

Transformation of Women at Work in Asia Transformation of Women at Work in Asia By Sher Verick Deputy Director, ILO, New Delhi Asia-Pacific Policy Dialogue on Women s Economic Empowerment in the Changing World of Work 23 February 2017 Motivation

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

The views expressed in this document are those of the ADB staff and do not necessarily reflect the views and policies of the Asian Development Bank

The views expressed in this document are those of the ADB staff and do not necessarily reflect the views and policies of the Asian Development Bank The views expressed in this document are those of the ADB staff and do not necessarily reflect the views and policies of the Asian Development Bank or its Board of Governors or the governments they represent.

More information

Hinrich Foundation Sustainable Trade Index Country overview: Thailand

Hinrich Foundation Sustainable Trade Index Country overview: Thailand Hinrich Foundation Sustainable Trade Index Country overview: Thailand Thailand ranks 8 th on inaugural Hinrich Foundation Sustainable Trade Index The country over-performs its level of per capita GDP and

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

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

Goal 3: Promote Gender Equality and Empower Women

Goal 3: Promote Gender Equality and Empower Women 98 Gender equality in primary school enrollment is high, with most economies having ratios of or more. This is also the case for gender equality in secondary school enrollment, but not so for tertiary

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

Number of Countries with Data

Number of Countries with Data 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

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

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

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

Skills for Trade, Employability and Inclusive Growth. Matching skills for the future of work and regional integration in Asia and the Pacific

Skills for Trade, Employability and Inclusive Growth. Matching skills for the future of work and regional integration in Asia and the Pacific Inter-regional Technical Forum on Skills for Trade, Employability and Inclusive Growth Matching skills for the future of work and regional integration in Asia and the Pacific Akiko Sakamoto ILO-Bangkok

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

Round 1. This House would ban the use of zero-hour contracts. Proposition v. Opposition

Round 1. This House would ban the use of zero-hour contracts. Proposition v. Opposition Round 1 This House would ban the use of zero-hour contracts New Zealand Bermuda Wales Romania Greece Estonia USA Scotland Slovakia Philippines Qatar Ireland Hungary Australia Japan Canada Sri Lanka Sweden

More information

China and India:Convergence and Divergence

China and India:Convergence and Divergence China and India:Convergence and Divergence I. "What China is good at, India is not and vice versa. The countries are inverted mirror of each other».. «very real possibility that China and India will in

More information

Chapter 10 Trade Policy in Developing Countries

Chapter 10 Trade Policy in Developing Countries Chapter 10 Trade Policy in Developing Countries Prepared by Iordanis Petsas To Accompany International Economics: Theory and Policy, Sixth Edition by Paul R. Krugman and Maurice Obstfeld Chapter Organization

More information

Chapter Organization. Introduction. Introduction. Import-Substituting Industrialization. Import-Substituting Industrialization

Chapter Organization. Introduction. Introduction. Import-Substituting Industrialization. Import-Substituting Industrialization Chapter 10 Trade Policy in Developing Countries Chapter Organization Introduction The East Asian Miracle Summary Prepared by Iordanis Petsas To Accompany International Economics: Theory and Policy, Sixth

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

Trade, informality and jobs. Kee Beom Kim ILO Regional Office for Asia and the Pacific

Trade, informality and jobs. Kee Beom Kim ILO Regional Office for Asia and the Pacific Trade, informality and jobs Kee Beom Kim ILO Regional Office for Asia and the Pacific Decent Work for All ASIAN DECENT WORK DECADE 2006-2015 Outline Introduction: Linkage between trade, jobs and informality

More information

THE ASIA PACIFIC NTI-CORRUPTION INITIATIVE

THE ASIA PACIFIC NTI-CORRUPTION INITIATIVE THE ASIA PACIFIC NTI-CORRUPTION INITIATIVE Jak Jabes Director, Governance and Regional Cooperation Asian Development Bank Secretariat for the ADB-OECD Anti-Corruption Initiative for Asia- Why Fight Corruption

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

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

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

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

Exploring relations between Governance, Trust and Well-being

Exploring relations between Governance, Trust and Well-being Exploring relations between Governance, Trust and Well-being Using recent Gallup WorldPoll data Robert Manchin Gallup Europe Asia-Pacific Conference on Measuring Well-Being and Fostering the Progress of

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

Working Paper Rising inequality in Asia and policy implications

Working Paper Rising inequality in Asia and policy implications econstor www.econstor.eu Der Open-Access-Publikationsserver der ZBW Leibniz-Informationszentrum Wirtschaft The Open Access Publication Server of the ZBW Leibniz Information Centre for Economics Zhuang,

More information

Southeast Asian Economic Outlook: With Perspectives on China and India Thematic focus: Narrowing development gaps 2013 edition

Southeast Asian Economic Outlook: With Perspectives on China and India Thematic focus: Narrowing development gaps 2013 edition Southeast Asian Economic Outlook: With Perspectives on China and India Thematic focus: Narrowing development gaps 2013 edition November 2012, Bangkok, Thailand Kensuke Tanaka Head of Asia Desk OECD Development

More information

ADB Asia Think Tank Forum (Oct 30-31, 2013)

ADB Asia Think Tank Forum (Oct 30-31, 2013) ADB Asia Think Tank Forum (Oct 30-31, 2013) Investing for Shared Growth: Korean Experiences in Rural Development and Education Sector Taejong Kim KDI School of Public Policy and Management The views expressed

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

INTERNATIONAL GENDER PERSPECTIVE

INTERNATIONAL GENDER PERSPECTIVE Chapter 7 INTERNATIONAL GENDER PERSPECTIVE OF DEVELOPMENT INDICATORS Women & Men In India 2016 115 116 International Gender Perspective International Gender Perspective of Development Indicators India

More information

The Recent Trend of Income Inequality in Asia and How Policy Should Respond

The Recent Trend of Income Inequality in Asia and How Policy Should Respond The Recent Trend of Income Inequality in Asia and How Policy Should Respond Working Paper commissioned by the Group of 24 and Friedrich-Ebert-Stiftung New York October 2018 Juzhong Zhuang 1 This paper

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

Hinrich Foundation Sustainable Trade Index Country overview: Malaysia

Hinrich Foundation Sustainable Trade Index Country overview: Malaysia Hinrich Foundation Sustainable Trade Index Country overview: Malaysia Malaysia ranks 7 th on inaugural Hinrich Foundation Sustainable Trade Index The country is the best performer from emerging Asia The

More information

Prospects for Inclusive Growth in the MENA Region: A Comparative Approach

Prospects for Inclusive Growth in the MENA Region: A Comparative Approach Prospects for Inclusive Growth in the MENA Region: A Comparative Approach Hassan Hakimian London Middle East Institute SOAS, University of London Email: HH2@SOAS.AC.UK International Parliamentary Conference

More information

05 Remittances and Tourism Receipts

05 Remittances and Tourism Receipts 5 Remittances and Tourism Receipts 58 n Economic Integration Report 217 Remittances and Tourism Receipts Remittance Flows to Remittances are an important and stable source of external finance. Along with

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

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

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

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

Environmental Justice: ADB and Asian Judges for Sustainable Development. OGC Law and Policy Reform Program

Environmental Justice: ADB and Asian Judges for Sustainable Development. OGC Law and Policy Reform Program Environmental Justice: ADB and Asian Judges for Sustainable Development OGC Law and Policy Reform Program OGC s LAW AND POLICY REFORM (LPR) PROGRAM Started in 1995. All conducted as Technical Assistance

More information

Rethinking Australian Migration

Rethinking Australian Migration Rethinking Australian Migration Stephen Castles University of Sydney Department of Sociology and Social Policy Challenges to Australian migration model 1. Changes in global and regional migration 2. From

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

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

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

Hinrich Foundation Sustainable Trade Index Country overview: Vietnam

Hinrich Foundation Sustainable Trade Index Country overview: Vietnam Hinrich Foundation Sustainable Trade Index Country overview: Vietnam Vietnam ranks 11 th on inaugural Hinrich Foundation Sustainable Trade Index The country over-performs its level of per capita GDP. The

More information

Goal 1 Eradicate extreme poverty and hunger

Goal 1 Eradicate extreme poverty and hunger Goal 1 Eradicate extreme poverty and hunger Target 1 Halve, between 1990 and 2015, the proportion of people whose income is less than one dollar a day Indicator 1 Population living below $1 (PPP) per day

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

Latin America in the New Global Order. Vittorio Corbo Governor Central Bank of Chile

Latin America in the New Global Order. Vittorio Corbo Governor Central Bank of Chile Latin America in the New Global Order Vittorio Corbo Governor Central Bank of Chile Outline 1. Economic and social performance of Latin American economies. 2. The causes of Latin America poor performance:

More information

Is Economic Development Good for Gender Equality? Income Growth and Poverty

Is Economic Development Good for Gender Equality? Income Growth and Poverty Is Economic Development Good for Gender Equality? February 25 and 27, 2003 Income Growth and Poverty Evidence from many countries shows that while economic growth has not eliminated poverty, the share

More information

INTERNATIONAL COMPARISON

INTERNATIONAL COMPARISON Chapter 7 INTERNATIONAL COMPARISON OF GENDER INDICATORS Women & Men in India -2017 125 126 International Comparison of Gender Indicators International Comparison of Gender Indicators India is part of many

More information

Inclusive global growth: a framework to think about the post-2015 agenda

Inclusive global growth: a framework to think about the post-2015 agenda Inclusive global growth: a framework to think about the post-215 agenda François Bourguignon Paris School of Economics Angus Maddison Lecture, Oecd, Paris, April 213 1 Outline 1) Inclusion and exclusion

More information

Rising Income Inequality in Asia

Rising Income Inequality in Asia Ryan Lam Economist ryancwlam@hangseng.com Joanne Yim Chief Economist joanneyim@hangseng.com 14 June 2012 Rising Income Inequality in Asia Why inequality matters Recent empirical studies suggest the trade-off

More information

MEETING THE NEED FOR PERSONAL MOBILITY. A. World and regional population growth and distribution

MEETING THE NEED FOR PERSONAL MOBILITY. A. World and regional population growth and distribution 30 II. MEETING THE NEED FOR PERSONAL MOBILITY A. World and regional population growth and distribution The world population grew at an annual rate of 1.4 per cent between 1990 and 2000. This is slightly

More information

vi. rising InequalIty with high growth and falling Poverty

vi. rising InequalIty with high growth and falling Poverty 43 vi. rising InequalIty with high growth and falling Poverty Inequality is on the rise in several countries in East Asia, most notably in China. The good news is that poverty declined rapidly at the same

More information

Promoting women s participation in economic activity: A global picture

Promoting women s participation in economic activity: A global picture Promoting women s participation in economic activity: A global picture Ana Revenga Senior Director Poverty and Equity Global Practice, The World Bank Lima, June 27, 2016 Presentation Outline 1. Why should

More information

Inclusive Growth in Bangladesh: A Critical Assessment

Inclusive Growth in Bangladesh: A Critical Assessment 2 ND SANEM ANNUAL ECONOMISTS CONFERENCE MANAGING GROWTH FOR SOCIAL INCLUSION Inclusive Growth in Bangladesh: A Critical Assessment Towfiqul Islam Khan Research Fellow, CPD Dhaka:

More information

GLOBAL TURNIGN POINTS for Business and Society. The New Demography. Mauro F. Guillén Emilio Ontiveros

GLOBAL TURNIGN POINTS for Business and Society. The New Demography. Mauro F. Guillén Emilio Ontiveros GLOBAL TURNIGN POINTS for Business and Society The New Demography Mauro F. Guillén Emilio Ontiveros Demography What is demography? Demography is the study of human populations. Why should we care about

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

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

Framework of Inclusive Growth Indicators Key Indicators for Asia and the Pacific Special Supplement 2nd Edition

Framework of Inclusive Growth Indicators Key Indicators for Asia and the Pacific Special Supplement 2nd Edition Framework of Inclusive Growth Indicators 2012 Key Indicators for Asia and the Pacific Special Supplement 2nd Edition 2012 Asian Development Bank All rights reserved. Published in 2012. Printed in the Philippines.

More information

Mega-regional Trade Agreements and Sustainability in Asia Pacific

Mega-regional Trade Agreements and Sustainability in Asia Pacific Mega-regional Trade Agreements and Sustainability in Asia Pacific Badri Narayanan ArtNET, Infinite-Sum Modelling, University of Washington-Seattle, GTAP Research Fellow and McKinsey Global Institute badrig@uw.edu

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

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