- 9 Mar 2009
It would be difficult enough for the Asia-Pacific region, or any region for that matter, to deal with the fallout of just one global crisis. Yet, our region now finds itself dealing with three major global crises: a Great Recession, food and fuel price volatility and a range of climate change calamities. These three crises converged in 2008. How they are dealt with in 2009 will influence the future path of development in the Asia-Pacific region, and through that, the lives of billions of its peoples.
- 2 Mar 2009
Bangkok (Asiantribune.com): Many believe that decades of talk about development and the thousands of tomes on models of development that have emanated from international organisations and development institutions the world is indeed a far better place to live in today.
- 9 Jan 2009
Combating and adapting to climate change is one of the most important missions of our generation - and it is one that has a special significance for Asia and the Pacific. The business community must be part of the solution in shaping a greener low carbon economy.
- 1 Dec 2008
The world faces the worst financial crisis in recent memory. The food and energy volatility experienced earlier this year are compounding these problems. Amidst these woes, who wants to hear about corporate social responsibility? It is only natural that the world's attention is turned elsewhere, concentrated on the financial crisis. But we cannot - and must not - do this at the expense of corporate social responsibility. At the core of the financial crisis is a collapse of trust in the capital markets. While lack of accountability, proper regulatory controls and transparency all played a role in this, the main problem appears to be the obsession of financial markets with short-term gains over long-term considerations. There has been insufficient respect for values that encompass ethical dimensions while addressing profitability.
- 1 Nov 2008
Two months have passed since the effects of the global financial crisis were first felt in Asia and the Pacific. Much has been said about them. And yet, one of the effects less spoken of is the impact of the crisis on the availability of public and private finance for development - a key issue for our region, where more than 900 million people are estimated to live in poverty. Such financing has been dramatically curtailed, and the simple fact is that our region cannot afford any cutbacks in this respect. With so many of the world's poorest in our region, any reduction will only compound their plight. To avoid this, we need to safeguard the Asia-Pacific region's hard-fought gains in reducing poverty and promoting development; and we need to continue seeking out new and innovative sources of financing for that development. In tackling both these tasks, we need to think and act in unison.