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Population, Social development and protection, Urban development
Social development and protection
Finance sector development, Social development and protection
Social development and protection
Social development and protection, Water
Social development and protection
Social development and protection
Social development and protection
Social development and protection
Social development and protection
Housing policies for the PRC and Hong Kong, China: One nation, two systems
It has been reiterated that the People’s Republic of China (PRC) and Hong Kong, China are under different economic systems. The PRC is basically socialism with more planned economy features, while Hong Kong, China is basically capitalism with more free market features.
Monetizing housing for retirement in Singapore
In 2015, the value of housing assets owned by households in Singapore at the aggregate level was 55% of their net worth. Ninety percent of Singapore households owned their homes, meaning that almost all households had wealth saved in housing, and households’ housing wealth was 2.1 times that of the country’s gross domestic product.
Bringing financial services to the PRC’s poor will boost poverty reduction
The People’s Republic of China (PRC) has achieved remarkable economic growth, but there are a number of serious imbalances between coastal and inland regions, and between urban and rural areas. The government wants to help bridge this gap by developing inclusive finance tools.
Untold side of Asia’s poverty story and SDGs
On 25–27 September, less than 3 weeks from now, heads of state of 192 nations will sign up for the Sustainable Development Goals (SDGs) which will succeed the Millennium Development Goals (MDGs) as the new global development agenda. Notwithstanding such an important change, poverty eradication will remain the most important goal and Asia is expected to continue its dominant role in attaining this goal for the world.
Extending the reach of flood insurance
Over the past few weeks, South Asian countries have been suffering torrential rains and devastating floods and landslides, exacerbated by Cyclone Komen, leaving over 100 dead and over a million displaced from Pakistan to Myanmar. The annual monsoon season in the region, normally a lifeline for farmers, this year resulted in floods that have caused severe damage to crops.
Asia and Pacific region post-2015 priorities, MDG8, and Global Partnerships
Any contemporary story on development in the Asia and Pacific region begins with reflection on the massive gains achieved in the fight against poverty. The incidence of people living on less than $1.25 a day fell from 54.5% in 1990 to 20.7% in 2010, with the number of extreme poor declining from 1.48 billion to 733 million. This precipitous decline in poverty incidence has been accompanied by tremendous gains in access to health and education.
Preparing for life after the MDGs
The establishment of the Millennium Development Goals (MDGs) by the United Nations in 2001 was a defining moment. It rallied a global effort in the fight against poverty, hunger, and disease, while promoting universal education, gender equality, and environmental sustainability.
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.
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.
Giving Asia’s elderly care and dignity
There is a seemingly hidden problem for Asia in providing economic, social and emotional security for the elderly. But drawing on the experiences of more developed economies, I think there is a silver lining behind this—an opportunity if actions are taken now to provide care and to give dignity to the elderly in Asia.
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