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Poverty Reduction in the New Asia and Pacific: Key Challenges of Inclusive Growth for the Asian Development Bank

Books, Periodicals, Studies, and Reports ISBN: 978-971-561-647-8 Publication Date: November 2007 In stock

This paper summarizes the strategic discussion at the Forum on Inclusive Growth and Poverty Reduction in the New Asia and the Pacific, 8–9 October 2007, as highlighted in the excellent keynote address by Michael Walton. It argues that growth needs to be inclusive to be sustainable and to be accepted by the population. The Asia and Pacific region, with its rising inequalities, has somewhat lost the inclusive growth path of its past. This gives new opportunities for the Asian Development Bank to bundle knowledge and finance in areas where both governments and markets fail.

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