The Two Faces of Asia: bridging the gap between high growth economies and the poor
Speaker(s): Rajat M. Nag
Chair: Professor Athar Hussain
Recorded on 2 October 2008 in Old Theatre, Old Building.
Despite impressive growth over the past few decades, the Asia Pacific region is still home to two-thirds of the world's poor. In many Asian countries, the gap between rich and poor is widening and policymakers are faced with extraordinary challenges in closing this gap and spreading the benefits of growth to the most vulnerable in their societies. Rising fuel and food prices have exacerbated these inequities and placed millions more on the edge of poverty. The Managing Director General of the Asian Development Bank (ADB), Rajat Nag, will discuss how the region is grappling with these complex challenges and how ADB's Strategy 2020 is targeted to make a difference in the lives of the poor.