ADB's Focus on Social Development and Poverty
In the Spotlight
New value crops like Japanese cucumbers are helping farmers in the Lao People's Democratic Republic maximize their land and generate additional income.
Erikagen Inc., an inclusive business company that runs the Generika Drugstores in the Philippines, now serves thousands of customers across the country, providing affordable generic medicines and quality healthcare services while still turning a profit
Developing Asia enjoys buoyant prospects as external demand remains strong. The region is forecast to expand by 6.0% in 2018, and by 5.9% in 2019. Emerging technologies will help drive future prosperity, but they also pose challenges for workers.
Countries in Asia and the Pacific must build resilience to natural hazards and invest in social protection systems if the region is to achieve the Sustainable Development Goals.
Despite the extraordinary gains made in living standards in Asia and the Pacific, hundreds of millions are still excluded from the benefits of rapid economic growth. Without access to basic social services, they are vulnerable to illness, unemployment, and the region’s increasingly devastating natural disasters. A social development agenda involves people and their communities, organizations, institutions, societies, and governments in all poverty relief activities. The aim is to reduce poverty, inequality, and vulnerability among the poor.