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    Asia at a Crossroads: Why the region must address inequality now

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    Author(s)
    Bernabe, Maria Dolores
    Hamer, Jessica
    Fried, Mark
    Publication date
    2015-01-20
    Keywords
    Civil society
    Economic growth

    Taxation
    World Bank and IMF
    Asia
    Country
    Bangladesh
    China
    Hong Kong
    India
    Indonesia
    Malaysia
    Pakistan
    Philippines
    Sri Lanka
    Thailand
    Vietnam
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    Publisher(s)
    Oxfam International
    Document type
    Briefing note
    Description

    Asia is at a Crossroads. Rising inequality poses a dire threat to continued prosperity in Asia, where an estimated 500 million people remain trapped in extreme poverty, most of them women and girls. The huge gap between rich and poor hinders economic growth, undermines democratic institutions and can trigger conflict.

    If Asia’s policymakers hold tight to yesterday’s truths, hoping against hope that growth and prosperity will trickle down to all, they will put everyone’s welfare at risk. But if there are courageous leaders, willing to tackle inequality head-on, they can ensure inclusive and sustainable development for all of Asia’s people.

    Oxfam is calling on Asia’s governments to make a determined effort to combat discrimination and improve policies on taxation and social spending. This is needed now if the region is to secure a stable and prosperous future.

    Pages
    14
    ISBN
    978-1-78077-797-9
    URI
    http://hdl.handle.net/10546/338447
    Additional Links
    https://policy-practice.oxfam.org.uk/publications/asia-at-a-crossroads-why-the-region-must-address-inequality-now-338447
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