FRIDAY, APRIL 19, 201906:39 PM IST

Focus on the young so no old person is left behind

What will matter to you in old age? A healthy body and mind, above all. But also a comfortable home in a nice place to live. Family and friends close by. And enough money to benefit from all those good things in life, like travel, books, movies and museums and…

Time to adapt to climate change in South Asia

Climate change will sow confusion and concern as it unfolds across South Asia in coming decades. Home to a quarter of the world’s population, this vast region will be hit harder than just about anywhere else. Sudden flooding, storms, droughts and other hazards will upend lives, livelihoods, and economies. As…

The economy should serve society

The major battle of the post–World War II global economy was a fight over alternative economic systems: Did Communism or capitalism provide the best way of achieving growth and prosperity for all? With the fall of the Berlin Wall, that battle was over. But there is a new one emerging:…

Global warming: A second inconvenient truth

People think in terms of stories (or narratives). Tell the wrong story and you get yourself into trouble. American linguist-anthropologist-hobbyist Benjamin Lee Whorf documented this phenomenon in the 1920s. In his day job as a fire-prevention engineer he noticed a large number of fires occurred at gas stations. Putting his…

Sustaining growth through greater inclusion

The time has come for government and economic leaders throughout Asia and the Pacific to push harder for more socially inclusive growth. Indeed, it has become imperative to sustaining the region’s strong economic performance and restoring a healthy environment. The Asian Development Bank’s (ADB) 47th annual meeting getting under way…

Asia’s path to low carbon emission

Asia’s economic rise has yielded enormous dividends. Much of the region is transitioning to middle income status. Poverty, though still chronic in parts, is ebbing in absolute terms. For example, between 2005 and 2010, the number of extremely poor people living below $1.25 a day dropped by more than 150…

Asia must mind the gaps to secure its future

The latest Asian Development Outlook from the Asian Development Bank (ADB) underlines the economic prowess of the Asia and Pacific region in the wake of the global financial crisis. Its economies continue to shine while many advanced countries have floundered, and they are expected to lead global growth, at least…

Poverty eradication goals are a cruel joke

The 2015 development agenda is leaning toward a goal of eradicating absolute poverty by 2030. The World Bank’s recently approved corporate strategy has the same goal. However, this target is absolutely meaningless for the Asia and Pacific region. How do we define the eradication of absolute poverty? According to the…

Climate change: A troubling conundrum

Election victories everywhere are built on promises of faster economic growth and greater prosperity. But despite the evidence of the massive economic damage from climate change, few politicians here in Asia or elsewhere have successfully run for national office vowing to confront the problem. This raises a troubling conundrum. Without…

Environment and new pledge for green economies

In April this year, two world records were broken or equaled with little fanfare: The global concentration of carbon dioxide in the atmosphere, the main driver of climate change, was above 400 parts per million (ppm) for an entire month for the first time in recorded history, and it was…