Archive | June, 2014
Social development and protection

Eradicating absolute poverty by 2030 – are we aiming too low?

Eradicating absolute poverty by 2030 – are we aiming too low?
The post-2015 development agenda is leaning toward a goal of eradicating absolute poverty by 2030. The World Bank’s recently approved corporate strategy has the same goal. I believe, however, that this target is absolutely meaningless for the Asia and Pacific region.

Industry and trade

The German Mittelstand – a model for Asia’s emerging economies?

The German Mittelstand – a model for Asia’s emerging economies
German Mittelstand (GM), the small and medium-sized enterprises (SMEs) in Germany—are a unique and highly successful economic phenomenon that could serve as a model to promote trade and industry for emerging Asia.

Social development and protection

The relevance of $1.25 – recounting the poor

The relevance of $1.25 – recounting the poor
The millennium development goals (MDGs), which end in 2015, are a remarkable set of agreed global aspirations, with the world community committing to eradicate extreme poverty for the first time in history. In the 19th century around 80% of the population was poor with affluence generally uncommon. Over the last two hundred years, however, thinking about poverty has changed dramatically. Where once poverty was considered the norm, governments now use public policy to make it the exception.

Governance and public sector management

India: Defeat of the inclusive growth agenda?

India: Defeat of the inclusive growth agenda?
Elections are complex affairs and the factors that give rise to a change of government normally include the three Ps of personalities, policies, and past performance. This is certainly true of the recent election in India. The Congress Party, led by the Gandhi dynasty, lost control of the government to a resurgent Bharatiya Janata Party headed by the former chief minister of Gujarat state, Narendra Modi. A key question is whether the policies of inclusion, pursued by Congress for a decade, were rejected by the electorate.

Governance and public sector management

Better urban management in the Pacific offers double dividends

Better urban management in the Pacific offers double dividends
A new report by Asian Development Bank (ADB), Moving from Risk to Resilience: Sustainable Urban Development in the Pacific, argues that efforts to improve urban management in the Pacific can improve both the quality of life in the region’s cities and towns and, at the same time, build greater resilience to natural hazards and climate change-induced events.

Industry and trade

Is finance a binding constraint for SME participation in trade in Asia?

Is finance a binding constraint for SME participation in trade in Asia?
Small and medium-sized enterprises (SMEs) are a very important part of Asia’s economy. In this article, we explore SMEs and their financing issues with respect to the performance of SMEs in international trade, based on the sample of more than 8,000 companies across the People’s Republic of China (PRC) and Association of Southeast Asian Nations (ASEAN) member states. The discussion is derived from a recent Asian Development Bank Institute (ADBI) working paper (Jinjarak, Mutuc, and Wignaraja 2014).