The Asia-Pacific region has been battered in recent years by a relentless series of shocks. Some have been related to natural disasters, such as earthquakes or droughts or floods. Others, such as the 2008 financial crisis, have been caused by convulsions in global markets. Still others, such as rocketing food and energy prices, have been the result of a complex combination of shocks. The traditional approach has been to consider such events individually. This is increasingly unrealistic.
Remarkable growth and structural transformation in a number of developing Asian countries in
the period after World War II have earned them the reputation for being “models” of successful
development. Among the factors that contributed to their success were macroeconomic and
regulatory policies that permitted them to finance that transformation without experiencing high
inflation or balance of payments difficulties and ensure that growth was accompanied by human
development advance. This article identifies a set of key policies that contributed to that
Corporate social responsibility (CSR) has been a well-known concept for some time though the interpretation of this concept differs among countries, companies and stakeholders. In many cases, CSR has been abused as a marketing ploy, masking unsustainable practices of companies, in others it has simply constituted a charity event, again, often to mask the negative impacts of companies’ operations. However, the winds of change are blowing, in particular in the wake of the United Nations Conference on Sustainable Development (Rio+20).
The Economic and Social Survey of Asia and the Pacific is the oldest and most comprehensive annual review of economic and social development in Asia and the Pacific. This flagship publication of ESCAP outlines policies to sustain dynamic growth and to make it inclusive such as boosting internal demand, enhancing connectivity to create a seamless and region-wide market, and building productive capacities in the least developed countries.
Governments of countries and areas in the ESCAP region gathered in Bangkok, Thailand from 10 to 12 September 2012 for the Asia-Pacific Intergovernmental Meeting on the Second Review and Appraisal of the Madrid International Plan of Action on Ageing.
Myanmar, which is one of the 13 least developed countries (LDCs) in Asia and the Pacific, is relatively rich in natural resources, has young workforce, and is close to the world’s most dynamic trading economies, including China and India. With an appropriate policy mix, improved business environment and a stable, but reformed political system, the country is expected to fulfill its considerable potential and move ahead with delivering on economic development.