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Poverty Reduction in the New Asia and Pacific: Key Challenges of Inclusive Growth for the Asian Development Bank: Technical Note

dc.contributor.authorMichael Walton
dc.date.accessioned2015-01-24T13:10:16Z
dc.date.available2015-01-24T13:10:16Z
dc.date.issued2007-11-01
dc.identifier.urihttp://hdl.handle.net/11540/736
dc.description.abstractThe international Forum on 'Inclusive Growth and Poverty Reduction in the New Asia and Pacific' was held in Manila on 8-9 October 2007. The forum's overall conclusion was that there is a pressing need for transformation within the Asian Development Bank (ADB) and better alignment of inclusive growth as strategic goal with the operational activities and internal capabilities so that the institution can continue to play an important role in supporting Asia's socioeconomic development. The conference is of strategic importance for ADB's new longterm strategic framework discussions. This paper summarizes the strategic discussion as highlighted in the keynote address by Michael Walton. It argues that growth needs to be inclusive to be sustainable and to be accepted by the population. The Asia and Pacific region, with its rising inequalities, has somewhat lost the inclusive growth path of its past. This gives new opportunities for ADB as the regional development bank to bundle knowledge and finance in areas where both the governments and markets fail. In poorer countries, this will often involve continued support to central governments in the provision of infrastructure and social services. In emerging market countries, this will increasingly involve a mix of financial and knowledge-related services that tackle the more complex challenges of inclusion of lagging regions or groups in both social and economic development, developing comprehensive mechanisms for managing security, financial inclusion, and the management of environmental concerns. However, to remain relevant for the region, ADB urgently needs to transform itself quickly to better align the strategic development goal of poverty reduction through making growth inclusive with its internal capacities.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titlePoverty Reduction in the New Asia and Pacific: Key Challenges of Inclusive Growth for the Asian Development Bank: Technical Note
dc.typeKnowledge Publications
dc.subject.expertAsian Development Bank
dc.subject.expertDevelopment
dc.subject.expertSustainable Development
dc.subject.expertUrban Area
dc.subject.expertUrban Areas
dc.subject.expertUrban Population
dc.subject.expertUrbanization
dc.subject.expertUrban Services
dc.subject.expertUrban Projects
dc.subject.expertUrban Problems
dc.subject.expertUrban Poverty
dc.subject.expertUrban Policy
dc.subject.expertUrban Planning
dc.subject.expertUrban Infrastructure
dc.subject.expertUrban Health
dc.subject.expertUrban Government
dc.subject.expertUrban Economic Development
dc.subject.expertUrban Development Finance
dc.subject.expertUrban Development
dc.subject.expertUrban Conditions
dc.subject.expertUrban Communities
dc.subject.expertUrban Population
dc.subject.adbEconomic development
dc.subject.adbCities
dc.subject.adbSustainable growth
dc.subject.adbEconomic development
dc.subject.adbUrban Plans
dc.subject.adbUrbanism
dc.subject.adbUrban agriculture
dc.subject.adbRural Urban Migration
dc.subject.adbCities
dc.subject.naturalInvestment
dc.subject.naturalSustainable development
dc.subject.naturalLocal government
dc.subject.naturalUrban renewal
dc.subject.naturalUrban housing
dc.subject.naturalUrban sociology
dc.subject.naturalTransit systems
dc.subject.naturalRapid transit
dc.subject.naturalPublic transit
dc.subject.naturalMass transit
dc.contributor.imprintAsian Development Bank
oar.themeDevelopment
oar.themeUrban
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
dc.identifier.printisbn978-971-561-647-8
oar.identifierOAR-001868
oar.authorWalton, Michael
oar.importtrue
oar.googlescholar.linkpresenttrue


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