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21. Living on $2 a day
If you are living on more than $2 a day in a developing country, you are not living in poverty according to the World Bank.  Indeed, you are a lot better off than those poor people who live on less than ...
22. Trying to do business in China
... by the local or central government.  This notion is not totally foreign to most Western countries, where you cannot buy a bank or a nuclear power station without government approval.  But in China, government ...
23. World Economy in Grave Danger
... in response to the crisis, a great reform agenda has been launched.  Others complimented the decisive package to address Spain's banking problems.  We were also reassured by reports of widespread regulatory ...
24. Views of Asia's next generation
... to social enterprises as a way to effectively distribute aid to those in need.  For example, Grameen Danone Foods, a social enterprise started by Group Danone and Grameen Bank of Bangldesh aims to provide ...
25. India's paradoxes
(Panorama/Globalization winners)
... governance indicators.  On Transparency International's corruption perceptions index, India comes in at 95th, compared with China's 75th.  The World Bank's ease of doing business index ranks India at 132nd ...
26. State capitalism
... 600 million customers.  Saudi Basic Industries Corporation is one of the world's most profitable chemical companies.  Russia's Sberbank is Europe's third-largest bank by capitalization.  Dubai Ports is ...
27. The Economist on China
(Panorama/Globalization winners)
... not kept on their balance sheets.  This investment is fuelled by finance from a state-controlled banking sector. This situation comes about because the Chinese government suppresses consumption in favour ...
28. China's urbanization
(Panorama/Change and innovation)
... debts as they mortgage municipal landholdings to finance infrastructure through loans from commercial banks. There have been two main drivers of urbanization.  First, there is rural-urban migration.  ...
... for men. Organizations like the Asian Development Bank and the World Bank are forever harping on about "inclusive growth".  Perhaps the most important contribution that could be made to this lofty goal ...
30. Korea -- Asia's rising star
(Panorama/Globalization winners)
... and to benefit from their many experiences.  Japan has experienced weak leadership for more than two decades, and its economy and society are suffering from it.  As the World Bank highlighted in its recent ...
31. China's reform challenges
(Panorama/Globalization winners)
... reform in the near future. This is a great pity.  Because as the World Bank argues in its "China 2030" report, it is urgent for China to implement a new development strategy.  Even though this will not ...
... of production networks. But at home the previous industrial architecture—with its emphasis on stability through business groups, main banks, cross-shareholdings, and exclusive subcontractor tie-ups— thwarted ...
33. Why did Japan stop growing?
(Panorama/Globalization winners)
... close connections between government, business and banks.  Industrial upgrading was facilitated by imitating and importing foreign technologies.  True, Japan was often able to make improvements, but most ...
34. Poverty in India
... to the Asian Development Bank, India's poverty is widespread and rampant, and the country's vulnerable population seems to have grown ever more vulnerable, especially to food insecurity. Despite poverty's ...
35. Asia's uneven development
... notably Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Thailand and Timor Leste, along with Nepal, Pakistan and Sri Lanka from South Asia. The excellent report by the Asian Development Bank, UNESCAP ...
36. China's lack of global leadership
(Panorama/Globalization winners)
... want to rock the boat.  When China is criticized, it can just resort to stubborn stone-walling. Thus, the cautious and stability-oriented China, has not taken an active role at the IMF, World Bank ...
37. Russia and the East
(Panorama/Governing globalization)
This week's invited contributor is my former deputy at the Tokyo-based Asian Development Bank Institute, Turdakun Tashbolotov.  He has an interesting story to share with us about Russia and the East.   ...
38. Human security in Asia
... security challenges over the medium term in the context of increasing food demand by the developing world's emerging middle class, as well as the world's growing population. The Asian Development Bank ...
39. Reassessing Asia's economic miracle
(Panorama/Globalization winners)
... and physical capital through close cooperation between business, banks and government (a version of "state capitalism").  It was also able to achieve very rapid industrial upgrading and productivity improvements ...
40. Multidimensional poverty
... people in the developing world live in multidimensional poverty, or 31 per cent of the total population.  This figure is in the middle between the World Bank's estimates of consumption poverty based on ...
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