Related Posts: Middle-Income Trap
May 29, 2013
The future of “traditional” aid is increasingly and rather suddenly in question. Why? Several reasons: rapid transformations in the global economic and political order, the growth and diversification of private financial flows to developing countries…
May 15, 2013
Cambodian Prime Minister Hun Sen announced in late March that the nation was on target to move from the status of a low-income to a lower-middle-income nation by the end of 2013, ranking it the 15th country that obtained high economic growth in the world in the last 10 years.
March 27, 2013
The Asia Foundation recently hosted U.S. Ambassador to Bangladesh, Dan W. Mozena, for an informal lunch discussion at its San Francisco headquarters, followed by a public event organized by the Foundation’s Washington, D.C., office.
March 13, 2013
Malaysia’s 13th general elections must be called by June 2013. After the ruling Barisan Nasional lost its two thirds majority in the 2008 elections, the big question in the minds of citizens and political parties is whether BN will recapture its majority or lose further ground to the opposition.
January 30, 2013
From January 1 of this year, Thailand’s employers must pay all employees at least 300 baht (about $10) a day. If they don’t, they will face six months in jail and/or a 100,000 baht fine for not complying. The 300-baht minimum daily wage policy, the fulfillment of a 2011 election campaign pledge by the ruling Pheu Thai Party, has been piloted in seven provinces since May 1, 2012 (including Bangkok), with much debate and division among employers, labor unions, government ministries, and academics about the actual and perceived impact of the policy on the economy, productivity, small- and medium-sized enterprises (SMEs), and inequality.
January 9, 2013
Over the last several decades, Asia has become increasingly integrated with the rest of the world, its rapid development driven largely by exports to the United States and European Union. Yet, as the world’s main economic arteries shift eastward, intra-regional integration within Asia still lags behind.
December 5, 2012
While the Asian Century is most often used to describe the global shift of economic power to Asia, Asia’s rise is also significant in the area of development cooperation. Asian countries have emerged as game changers in the aid arena, challenging traditional notions of aid, reshaping global aid architecture…
September 19, 2012
This week, development pioneer Sir Fazle Hasan Abed, founder of BRAC, the largest nongovernmental development organization in the world, is in Washington, D.C., where he concludes his visit to the U.S. as an Asia Foundation Chang-Lin Tien Distinguished Visiting Fellow.