Poverty, Inequality, and Inclusive Growth in Asia

Poverty, Inequality, and Inclusive Growth in Asia
Author: Juzhong Zhuang
Publisher: Anthem Press
Total Pages: 492
Release: 2011-10-01
Genre: Business & Economics
ISBN: 0857288385

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While Asia’s growth record in recent decades is remarkable, it has been marred by rising inequalities. This book looks at recent trends of income and non-income inequalities in developing Asian countries, discusses their underlying driving forces, and examines key policy issues that need to be addressed to ensure that the benefits of growth will be more equitably shared in Asia. The book also presents a set of country studies that provide rich information on growth, poverty and inequality dynamics and the policy challenges that arise in marching toward inclusive growth.

Skills Development for Inclusive and Sustainable Growth in Developing Asia-Pacific

Skills Development for Inclusive and Sustainable Growth in Developing Asia-Pacific
Author: Rupert Maclean
Publisher: Springer
Total Pages: 387
Release: 2012-12-09
Genre: Education
ISBN: 9400759371

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Focusing on the Asia-Pacific region, which in recent years has been the engine of global economic growth , this volume surveys trends and prospects in technical and vocational education and training (TVET) with particular reference to achieving inclusive growth and the greening of economies. Underlying the increasing pressure for new models of TVET provision is the rapid pace of technological change, demand for a work force which is highly responsive to evolving needs and a transforming market place that calls for higher order skills and lifelong learning. The book proposes a re-engineered, modernized TVET system that fosters an innovative approach which enhances the employability of workers as well as the sustainability of their livelihoods. The book includes contributions from leading policy makers, researchers, and practitioners, including those in the private sector in analyzing and forecasting the most urgent priorities in skills development. The book argues for creative approaches to TVET design and delivery particularly with a view to improve job prospects , and meeting the goals of inclusion, sustainable development and social cohesion. Addressing issues such as the chronic mismatches between skills acquired and actual skills required in the work place, the volume proposes diversified approaches towards workforce development and partnerships with the private sector to improve the quality and relevance of skills development . The new imperatives created by ‘greening’ economies and responses required in skills development and training are addressed. Developing TVET is a high priority for governments in the Asia Pacific region as they seek to achieve long-term sustainable growth since the .continued success of their economic destinies depend on it. The volume also includes an emerging framework for skills development for inclusive and sustainable growth in the Asia and Pacific region.

The Elusive Quest for Inclusive Growth

The Elusive Quest for Inclusive Growth
Author: Mr.Ravi Balakrishnan
Publisher: International Monetary Fund
Total Pages: 36
Release: 2013-06-26
Genre: Business & Economics
ISBN: 1475550774

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This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia’s own past, the recent period of growth has been both less inclusive and less pro-poor. Our analysis suggests a number of policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to increase spending on health, education, and social safetynets; labor market reforms to boost the labor share of total income; and reforms to make financial systems more inclusive.

Moving Out of Poverty

Moving Out of Poverty
Author: Jonna P. Estudillo
Publisher: Routledge
Total Pages: 244
Release: 2015-08-20
Genre: Business & Economics
ISBN: 1317376471

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The words of US President John F. Kennedy, "the rising tide lifts all boats," can be applied to inclusive growth in contemporary Asia, where the poor are able to participate in and benefit from economic growth. Moving Out of Poverty explores three channels through which economic growth confers gains to the poor and improves the status of women. The first is creation of productive employment, as labor is typically the most abundant asset of the poor, and economic growth has created jobs in labor-intensive sectors. The second is investment in schooling which, coupled with increased opportunities to earn income, has elevated womens' status in society. The third is increased availability of improved infrastructure, which directly impacts increasing household income from wage work and self-employment activities. This book will be of great value to development economists, students and researchers interested in rural economies in Asia, and policymakers engaged in poverty reduction.

Achieving Inclusive Growth in the Asia Pacific

Achieving Inclusive Growth in the Asia Pacific
Author: Adam Triggs
Publisher: ANU Press
Total Pages: 313
Release: 2020-08-13
Genre: Business & Economics
ISBN: 1760463825

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The world’s developed economies are experiencing a sharp backlash against globalisation, and it appears to be contagious. Will Asia catch it next? Asia has seen spectacular growth in recent decades. It has benefited substantially from global trade, finance, openness and the rules-based international order. But much of the growth Asia has enjoyed has not been shared. It has not been inclusive growth. Inequality in Asia is among the highest in the world. The richest man in Vietnam now earns more in a single day than the poorest person does in a decade. Asia has far to go in making its societies more inclusive to women, ethnic minorities and the LGBT community. How can Asia reduce inequality? What are the forces that determine whether growth in the Asia Pacific is inclusive or not? And what can be done to make Asia’s growth more inclusive in the future? This book brings together the region’s leading thinkers to explore how to change Asia’s trajectory, before it is too late. The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968.

Education and Skills for Inclusive Growth, Green Jobs and the Greening of Economies in Asia

Education and Skills for Inclusive Growth, Green Jobs and the Greening of Economies in Asia
Author: Rupert Maclean
Publisher: Springer
Total Pages: 212
Release: 2017-11-19
Genre: Business & Economics
ISBN: 9811065594

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This book presents an overview of the main research findings and case studies concerning education and skills for inclusive growth, green jobs and the greening of economies. Focusing on India, Indonesia, Sri Lanka and Viet Nam, it discusses government and business sector responses to these issues and how Technical and Vocational Education and Training (TVET) systems and institutions are addressing both the renewal of curricula in the context of green growth dynamics, and patterns of training and skills development to meet demands. In addition, the book examines cross-country issues, concerns and prospects regarding education and skills for inclusive growth and green jobs for the four countries. These include critical themes and issues in the selected industry sectors triggering a demand for green jobs in the region; how industry is responding to those demands; areas impeding the transition from traditional to green practices; the importance of skills development; the role of TVET in addressing industry needs; and reasons for the slow response of TVET to green skills.While other studies conducted in Asia – and internationally - on the same topic have largely relied on secondary sources, this study conducted by the Asian Development Bank and the Education University of Hong Kong (ADB-EdUHK) is unique in that the findings, conclusions and recommendations reported on are based on primary data. As part of the study, TVET providers, business enterprises, policy makers and practitioners were surveyed using questionnaires and face-to-face interviews. In addition, workshops were held in each of the four countries to ascertain the views of key stakeholders in government, nongovernment organisations, members of the international development community, TVET providers and members of the business sector.The book also provides summaries of the case studies undertaken for India, Indonesia, Sri Lanka and Viet Nam.

Ending Asian Deprivations

Ending Asian Deprivations
Author: Shiladitya Chatterjee
Publisher: Routledge
Total Pages: 384
Release: 2013-08-15
Genre: Business & Economics
ISBN: 1135051615

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Despite Asia’s rapid growth, vast sections of its population still live in poverty and suffer hunger and other forms of deprivation. Merely relying on Asia’s growth will not help the deprived see a better future in their lifetimes. Ways must be found to make growth more inclusive combined with proactive public action to bring substantial improvements in the lives of Asia’s deprived people. This book is written by a set of experts who have been working long on reducing various aspects of human deprivations in Asia. It begins with a discussion of the massive dimensions of deprivations that continue to exist in Asia. Although many countries have adopted inclusive growth strategies to enable the benefits of growth to reach the poor, much more needs to be done to make growth processes more broad based and beneficial to all. The book points to essential action needed to bring this about. The book also emphasizes the crucial role of determined, target driven public action if Asia’s deprived populations are to see substantial improvement in their lives. Practical measures to tackle problems of hunger, unemployment, gender discrimination, ill health, lack of quality basic education, inadequate access to clean water and basic sanitation are each discussed. The problems of the urban poor and migrants who continue to flock to Asia’s cities are also highlighted. The book also emphasizes the need for an appropriate environment for public action to succeed including strong participatory institutions, effective governance, social protection and regional cooperation.

Diagnosing the Indonesian Economy

Diagnosing the Indonesian Economy
Author: Hal Hill
Publisher: Anthem Press
Total Pages: 504
Release: 2012-02-01
Genre: Business & Economics
ISBN: 1843313782

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‘Diagnosing the Indonesian Economy: Toward Inclusive and Green Growth’ discusses the critical constrains to inclusive economic growth in Indonesia. The volume includes a broad overview of Indonesia’s development since the 1960s, and features an analytic framework for the study that aims to identify the most binding constraints. The chapters analyze macroeconomic management since the Asian financial crisis; the status of Indonesia’s industrial transformation; the challenges pertaining to Indonesia’s infrastructure; the situation of human capital and employment; the record on poverty reduction; the impact and status of the decentralization effort; and the challenges attendant to the country’s environment and natural resources.

Inclusive Growth, Full Employment, and Structural Change

Inclusive Growth, Full Employment, and Structural Change
Author: Jesus Felipe
Publisher: Anthem Press
Total Pages: 368
Release: 2012-12-15
Genre: Business & Economics
ISBN: 0857282298

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‘Inclusive Growth, Full Employment, and Structural Change: Implications and Policies for Developing Asia’ discusses policies to achieve inclusive growth in developing Asia, including those relating to agriculture, investment, certain state interventions, monetary, fiscal, and the role of the state as employer of last resort. Felipe argues that in order to deliver inclusive growth, Asian leaders must commit to the goal of full employment.