Posts By Ka Wai Wong
January 7, 2015
2014 will be remembered as the year when China became the world’s biggest economy in purchasing power parity (PPP) terms, overtaking the United States for the first time in history. This move, which did not come as a surprise, is the sign of a superpower transition…
June 18, 2014
Today about six out of 10 of the world’s poorest people are women. That means, of the estimated 1.5 billion people living in extreme poverty worldwide, 60-70 percent are girls and women. However, if girls and women account for a large percentage of the poor…
March 26, 2014
With the December 2015 target date for the economic integration of ASEAN fast approaching, last week ADB economist Jayant Menon echoed increasing skepticism as to whether the targets for integration could be met.
March 5, 2014
A report from Oxfam released in late January put down on paper what many already feared was true: almost almost half of the world’s wealth is now owned by just one percent of the population. This is also the case in Asia, where income and wealth disparity is growing rapidly.
January 8, 2014
As all eyes turn to Brazil for the World Cup this summer, and to India and Indonesia for two of the world’s largest democratic elections, 2014 may as well be called the “Year of the Middle-Income Country.” Last year saw several economies make steady gains, including powerhouse China…