Tag Archives | labor mobility
Economics, Governance and public sector management, Regional cooperation and integration
Economics, Poverty
Tackling the challenge of growing inequality in Asia
Income inequality is one of the most profound social, economic, and political challenges of our time. A survey conducted by Pew Research Center (2014) found that more than 60% of worldwide respondents regard the gap between the rich and the poor as a major concern. Piketty (2014) draws the unequivocal conclusion that growing inequality between the rich and the poor—between the owners of capital and the rest of society—is the normal state of affairs under capitalism, and that periods of decreasing inequality, such as during a post-war boom, are the exception, not the rule.
The impact of trade opening on developing Asia: Evidence and policy implications
Even though in aggregate, trade leads to economic gains, it almost always creates winners and losers. To design appropriate social protection policies, it is important to know the identities of these winners and losers. These policies need to be in place for equity reasons as well as to build and sustain support for free trade.
Recent Comments