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Asian Development Outlook 2012: confronting rising inequality in Asia

Date
Time (GMT +01) 10:00 11:30

Speakers:
Dr Joseph Zveglich  - Assistant Chief Economist, ADB
Dr Wonhyuk Lim - Director of Global Economy Research, Korean Development Institute

Discussants: 
Dr Dirk Willem te Velde - Head of International Economic Development Group, ODI

Chair:
William Day - Interim Chair and Trustee, ODI, a Senior Associate of the University of Cambridge Programme for Industry, Chairman of Water and Sanitation for the Urban Poor (WSUP) and Sustainability Advisor to PwC 

Description

ADB’s flagship publication Asian Development Outlook 2012 (ADO) provides a comprehensive analysis of macroeconomic issues in developing Asia, with growth projections by country and region. The ADO special theme chapter 'Confronting Rising Inequality in Asia' examines how policy makers in Asia can respond to growing inequality.   The ADO presentation will explore questions such as:  ·        

  • What are the immediate economic prospects for developing Asia and what risks lie ahead?        
  • Will the sovereign debt crisis in Europe and slow growth in the US undermine developing Asia’s prospects?         
  • Why is there growing inequality in many Asian countries despite impressive development gains? 
  • What consequences would Asia face if these disparities were allowed to widen further?
  • How can developing Asia ensure the gains of economic growth are shared broadly?
Asian Development Outlook 2012 includes analysis of 45 economies in developing Asia and the Pacific, including People’s Republic of China and India. The ADO also examines the medium-term prospects for developing Asia, by country and by sub region:  East Asia, Southeast Asia, South Asia, Central and West Asia, and the Pacific.