Related Posts: Middle-Income Trap
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.
November 5, 2014
Wednesday marked the first day of the week-long Asia-Pacific Economic Cooperation (APEC) Forum, hosted this year in Beijing. This year’s summit, themed “Shaping the Future through Asia-Pacific Partnership,” brings together ministerial leaders, CEOs of global corporations, and other leading voices in the private and public sectors to discuss the challenges facing Asian-Pacific economies. The week will culminate with the 22nd APEC Economic Leaders’ Meeting on November 10-11. Heads of states from all 21 member economies, including U.S. President Obama, Chinese President Xi Jinping…
June 25, 2014
By many metrics, Bangladesh’s development trajectory is a unique success story, especially since the 1990s when democratic rule was reinstated and extensive economic reforms were made. Poverty incidence has fallen from 60 percent to around 30 percent.
May 7, 2014
On the heels of the launch of the Asian Development Bank’s latest Asian Development Outlook 2014 report, ADB Vice President Stephen P. Groff visited Asia Foundation headquarters in San Francisco last week to discuss key findings and how the ADB is realigning its operations to emphasize inclusiveness…
January 15, 2014
Despite the troubling political unrest and protests that continue to unfold across Asia in 2014, the New Year actually looks good for the region’s economies. Asia continues as one of the world’s fastest growing regions, projected to experience 5.25 percent growth in 2014…
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…
September 4, 2013
As International Literacy Day approaches, the matter of literacy remains an enormous challenge around the world, including in Asia’s youngest nation, Timor-Leste. Amid the competing development agendas for this democratizing, fast-developing, and oil-rich nation, education, and literacy in particular, too often falls by the wayside.
August 21, 2013
Last week, Maes Suwantra of Thailand’s Ministry of Foreign Affairs visited The Asia Foundation’s headquarters to share his year-long experience as a 2012-13 Congressional Fellow that included an 8-month affiliation with the office of Representative Tammy Duckworth (D-Ill), in Washington, D.C.
June 12, 2013
The Asia Foundation’s new study, “The Contested Corners of Asia,” highlights the growing importance of conflicts that occur within rather than between countries. In recent years, subnational conflicts between national governments and local rebel groups…