Posts By Véronique Salze-Lozac'h
August 12, 2015
Over the last four decades, Asia has experienced unprecedented economic growth that has shifted the global economic center of gravity to the region. Asia enters 2015 as the world’s fastest-growing region, with the International Monetary Fund predicting that GDP will increase by 5.5 percent this year.
July 22, 2015
June 29, 2015, may have marked a turning point in multilateral development financing in the Asia-Pacific region. On that day, 50 countries signed the articles of agreement of the $50 billion, China-led Asian Infrastructure Investment Bank (AIIB). While there is a lot of excitement about the potential of this new multilateral financing institution…
May 13, 2015
Asia’s developing economies will continue their steady growth, with GDPs expected to rise by an average of 6.3 percent in each of the next two years, according to the annual flagship report, Asian Development Outlook 2015, from the Asian Development Bank (ADB).
Topics: Economic Development
February 11, 2015
In last week’s blog, I highlighted four top trends to look out for in Asia’s economic future, including: Asia as the driver of growth, the growing tide of inequality and disparity, Asia’s trendsetters, and regional integration and regional fragmentation. Here are four more top trends to watch…
February 4, 2015
Last month, the International Labour Organization (ILO) announced troubling global trends in unemployment, which is expected to worsen in the coming years. According to its 2015 Employment and Social Outlook report, young workers aged 15-24 are particularly hard hit by the crisis, and Asia is home to the largest number of these young people.
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…
November 12, 2014
This year’s Asia-Pacific Economic Cooperation (APEC) Forum in Beijing kicked off Nov. 7-8 with the 26th Ministerial Meeting, which focused on three priority areas: advancing regional economic integration, promoting economic growth, and strengthening connectivity and infrastructure development. In its joint ministerial statement, the group endorsed the “APEC Strategic Blueprint for Promoting Global Value Chain Development and Cooperation” as a mechanism to strengthen mutual economic cooperation within the global value chain network.
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.