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Expand Economic Opportunity

NAVTAF_LECONWe 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.

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Program Overview

Outcomes

  • 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.

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ECONOMIC OPPORTUNITY NEWS

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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

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