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.
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.
The reforms pursued since 1991 have deepened global integration of the Indian economy in terms of a rising share of trade and an even more dramatic transformation of services trade as well as the emergence of the country as one of the most attractive destinations for and important source of FDI flows. Analysis shows however that opportunities for product and market diversification remain to be fully exploited to sustain growth and create more jobs.
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.
The Development Paper Series of the ESCAP South and South-West Asia Office (ESCAP-SSWA) promotes and disseminates policy-relevant research on the development challenges facing South and South-West Asia. It features policy research conducted by ESCAP SSWA as well as by outside experts from within the region and beyond.
The recent commodity boom has seriously affected South Asia, particularly due to higher food prices and their impact on the welfare of poor and vulnerable populations. This paper describes the food crisis and its effect on the region and then goes on to outline policies that countries in the region need to put in place in order to mitigate the risks associated with the adverse effects of the commodity boom.
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.