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Rising Inequality in Asia and Policy Implications

dc.contributor.authorJuzhong Zhuang
dc.contributor.authorRavi Kanbur
dc.contributor.authorChangyong Rhee
dc.date.accessioned2015-01-24T13:12:46Z
dc.date.available2015-01-24T13:12:46Z
dc.date.issued2014-02-21
dc.identifier.urihttp://hdl.handle.net/11540/1225
dc.description.abstractThis paper looks at the recent trends of rising inequality in developing Asia, asks why inequality matters, examines the driving forces of rising inequality, and proposes policy options for tackling high and rising inequality. Technological change, globalization, and market-oriented reform have driven Asia’s rapid growth, but have also had significant distributional consequences. These factors have favored owners of capital over labor, skilled over unskilled workers, and urban and coastal areas over rural and inland regions. Furthermore, unequal access to opportunity, caused by institutional weaknesses and social exclusion, has compounded the impacts of these forces. All these combined have led to a falling share of labor income in national income, increasing premiums on human capital, and growing spatial disparity—all contributing to rising inequality. The three drivers of rising inequality cannot and should not be blocked, because they are the same forces that drive productivity and income growth. This paper outlines a number of policy options for Asian policy makers to consider in addressing rising inequality. These options, aiming to equalize opportunities and, thereby, reduce inequality, include efficient fiscal measures that reduce inequality in human capital, policies that work toward increasing the number and quality of jobs, interventions that narrow spatial disparity, and reforms that strengthen governance, level the playing field, and eliminate social exclusion.
dc.languageEnglish
dc.publisherAsian Development Bank Institute
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.titleRising Inequality in Asia and Policy Implications
dc.typeWorking Papers
dc.subject.expertGender
dc.subject.expertGender Bias
dc.subject.expertGender Differences
dc.subject.expertGender Discrimination
dc.subject.expertGender Equality
dc.subject.expertGender Gaps
dc.subject.expertGender Inequality
dc.subject.expertGender Issues
dc.subject.expertGender Relations
dc.subject.expertGender Roles
dc.subject.expertAssessing Corporate Governance
dc.subject.expertCorporate Governance Reform
dc.subject.expertGovernance Models
dc.subject.adbComparative Analysis
dc.subject.adbSocial Research
dc.subject.adbSex Discrimination
dc.subject.adbEmployment Discrimination
dc.subject.adbWomen's Rights
dc.subject.adbEqual Opportunity
dc.subject.adbEqual Pay
dc.subject.adbFeminism
dc.subject.adbMen's Role
dc.subject.adbWomen's Role
dc.subject.adbInstitutional Framework
dc.subject.adbBusiness Management
dc.subject.adbCorporate Restructuring
dc.subject.naturalGender-based analysis
dc.subject.naturalSex differences
dc.subject.naturalJob bias
dc.subject.naturalEqual employment opportunity
dc.subject.naturalFair employment practice
dc.subject.naturalJob discrimination
dc.subject.naturalAffirmative action programs
dc.subject.naturalSex dicrimination against women
dc.subject.naturalPay equity
dc.subject.naturalSexism
dc.subject.naturalEqual rights amendment
dc.subject.naturalEmancipation of women
dc.subject.naturalEqual rights
dc.subject.naturalWomen's movements
dc.subject.naturalPersonnel management
dc.subject.naturalCorporate reorganizations
dc.subject.naturalIntergovernmental cooperation
dc.title.seriesADBI Working Paper Series
dc.title.volumeNo. 463
dc.contributor.imprintAsian Development Bank Institute
oar.themeGender
oar.themeGovernance
oar.themeLabor Migration
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic Republic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji
oar.countryKiribati
oar.countryMarshall Islands
oar.countryMicronesia, Federated States of
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryChina, People’s Republic of
oar.countryHong Kong, China
oar.countryChina, People’s Republic of
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.dep.sourceADBI
oar.identifierOAR-002218
oar.authorZhuang, Juzhong
oar.authorKanbur, Ravi
oar.authorRhee, Changyong
oar.importtrue
oar.googlescholar.linkpresenttrue


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  • ADBI Working Papers
    The Asian Development Bank Institute (ADBI) Working Paper series is a continuation of the formerly named Discussion Paper series which began in January 2003. The numbering of the papers continued without interruption or change. ADBI was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.

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