Relation between trade, inequality and poverty within countries is not beyond controversy. Under free trade and competitive conditions, trade promotes growth, and growth reduces poverty. In general, trade liberalisation has long been seen as an important element of an effective and sound...

The middle-income trap is a serious problem in developing Asia and Pacific economies. Middle-income trap is the situation in which a country's growth slows after reaching middle-income levels and the transition to high-income levels becomes unattainable. International remittances of immigrants...

Poverty reduction remains a major development challenge in much of Asia and the Pacific. Historically, technology has played a central role in raising living standards across the region, including those of the poor. The Green Revolution and various innovations of modern medicine and public...

Cover -- Title -- Copyright -- Contents -- Tables, Figures, and Boxes -- The President's Statement -- Foreword -- Acknowledgments -- Abbreviations -- 1 About ADB and the Sustainability Report -- Financing Development and Managing Risks -- Strategic Approach to Development -- Stakeholder...