Expand Economic Opportunity
We support Asian initiatives to foster inclusive economic growth and broaden economic opportunities. We work at all levels–from local to regional–to increase economic opportunities and expand investment and trade; strengthen partnerships among governments, private enterprise, and civil society to promote broad-based, sustainable growth; and improve the responsiveness of public authorities to demand a more supportive business environment, including for women entrepreneurs.
- Improved business climate to foster inclusive growth
- Reduced barriers to regional trade and investment
- Increased societal benefits through entrepreneurship, partnerships, and innovation
Middle-Income Trap: Economic Myth, Political Reality
While Asia continues to set pace as the world’s fastest growing region, some Asian middle-income countries (MICs) are showing signs of economic slowdown and face stiff competition from lower-cost economies. The implications that could result from this economic growth slowdown in MICs are of serious concern to economists and political decision-makers. The threat of the “middle-income trap” (MIT) looms over Asian MICs such as Thailand and Malaysia, the two countries profiled in this research initiative.
ECONOMIC OPPORTUNITY NEWS
Critical Reforms to Bangladesh's Leather Sector
Under its partnership with the Australian Government’s Department of Foreign Affairs and Trade (DFAT), the Foundation has played a catalyzing role in the relocation of the leather tanning industry from central Dhaka—where it was heavily polluting the Buriganga River—to a new, environmentally-compliant industrial estate outside the city.
HIGHLIGHTS ACROSS ASIA
Forced Labor and Child Trafficking in India’s Garment Sector
September 20, 2017
Asia Foundation Development Fellows 2017 in San Francisco
September 18, 2017
Library of Congress Honors Asia Foundation for Promoting Literacy
September 14, 2017
Labor Migration’s Impact Economically, Socially and Politically in Nepal
September 7, 2017