The Asia-Pacific Development Journal (APDJ) is published twice a year by the Macroeconomic Policy and Development Division of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
The primary objective of the APDJ is to provide a platform for the exchange of knowledge, experience, ideas, information and data on all aspects of economic and social development issues and concerns facing the region and to stimulate policy debate and assist in the formulation of policy.
Financial development enhances domestic resource mobilisation and also allows these resources to the most productive uses. While there is little doubt that financial development leads to higher economic growth which may then lead to poverty reduction, financial development in itself will allow developing countries to achieve the Millennium Development Goals (MDGs). We will argue in the paper that a more relevant dimension of financial development that is important for the achievement of the MDGs is inclusiveness of the financial system.
This report consists of four sections: 1) An overview of issues and challenges in managing urban flood risks which reviews socio-economic impacts of flooding. Impacts of urban development on flood risks are described in the context of adapting to climate change; 2) A synthesis of recent developments in innovative strategies for effective urban flood management; 3) Case studies of innovative strategies for effective urban flood management; 4) Policy options derived from collaborative work on urban flood management and the regional expert consultation.
The first section of the paper narrates origin and evolution of Group of Twenty (G-20). The second section reviews its contribution while the third provides assessment and prospects for G-20. The fourth section mentions possible approaches to reforms of the international financial architecture. The concluding part elaborates on the new realities that G-20 should take note of and makes a brief reference to the importance of India in the process.
During the Fifth Asia-Pacific Urban Forum, the first-ever State of Asian Cities report was launched. This report is a result of the collaborative effort of UN-HABITAT and ESCAP and their partners UN Environment Programme (UNEP), and the United Cities and Local Governments – Asia-Pacific Regional Section (UCLG-ASPAC).
The Asia-Pacific region has made striking progress towards achieving the Millennium Development Goals. Nevertheless, on present trends many countries are likely to miss a number of the targets. This report focuses on opportunities for making more rapid progress – identifying some of the most promising paths to 2015.
This paper examines the progress made so far in achieving the trade targets of Millennium Development Goal 8 (“Building a Global Partnership for Development”) with respect to the Least Developed Countries (LDCs) of Asia and the Pacific. The paper uses data from the OECD, WTO and UNDP, among others, to measure the MDG indicators 8.6, 8.7 and 8.9 with respect to these countries, thereby quantifying some of the impacts in these countries of recent global and national policy changes in the areas of market access, tariff preferences for LDCs and Aid for Trade.
After the first global economic contraction in recent history, a rebound began to take shape among Asian and Pacific countries. The regional rebound remains fragile and uneven with a number of downside risks. Turning it into a sustained recovery will make 2010 a year of complex policymaking, far exceeding that of emergency crisis management in 2009, with rising inflationary tendencies and asset bubbles.
The Asia-Pacific region has made considerable progress towards the Millennium Development Goals (MDGs). The rapid economic growth achieved in many countries of the region has helped lift millions of people out of poverty. Governments have made substantial investments in education and health services and in protecting their most vulnerable people. Nevertheless, the region is still off track on many crucial MDG indicators, including child and maternal mortality. In many countries, economic achievements have also had environmental costs.
This paper was commissioned by the United Nations Economic and Social Commission for Asian and the Pacific (hereafter ESCAP) as part of a global project entitled “Strengthening National Mechanisms for Gender Equality and the Empowerment of Women”. The project is a joint project between the United Nations Division for the Advancement of Women and the five United Nations Regional Commissions. It aims to strengthen collaborations and synergies between different mechanisms at national level to facilitate the goals of gender equality and the empowerment of women.