Tuesday, April 30, 2013Tweet
[IWS] ADB: Deepening Divide: Can Asia Beat the Menace of Rising Inequality? [30 April 2013]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
Asian Development Bank (ADB)
Development Asia, April 2013
Deepening Divide: Can Asia Beat the Menace of Rising Inequality? [30 April 2013]
[full-text, 60 pages]
Beneath the gloss of Asia’s newfound prosperity lies an unsettling reality. Rising inequality has denied the benefits of Asia’s economic growth to many millions of its citizens. The problem is worsening as the region’s rich get richer much faster than the poor, who miss out on the income, education, and health care they need to lead fulfilling lives.
Asia isn’t the only region suff ering from a wealth gap, but unlike others it has failed so far to narrow the divide. Most of its large economies have shown rising income inequality since the 1990s, and rural poverty is outpacing urban poverty across much of the continent. If left unchecked, the consequences of this trend could be dire.
In this issue, Development Asia examines Asia’s widening inequality from many different perspectives. It looks at the role of globalization in producing inequality, and considers the disputed relationship between inequality and economic growth.
•Asia's Inequality Challenge
•Situation Report: A roundup of topical development news
•On the Record: What opinion makers are saying
•On the Web: Development sources and tools onliine
•The Wealth Gap
•The Reformer: Palaniappan Chidambaram
•The Growth Conundrum
•Opinion: Now for the Hard Part by Justin Yifu Lin
•Less Unequal Than Others
•In Search of a Cure
•Black & White
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