While economic growth in developing Asia has been astonishing in recent years, it has been accompanied by growing income inequality. This is the starting point of a recent study by leading Asian Development Bank economists Juzhong Zhuang and Ifzal Ali.
Their observations and proposals are set out in a new book, Poverty, Inequality, and Inclusive Growth Measurement, Policy Issues, and Country Studies ADB and Anthem Press, which will be published on July 8.
There has been remarkable economic growth within many Asian countries during the past three decades, notably in China and more recently India. This has led to reductions in extreme poverty, but has also created greater inequality, Zhuang told FinanceAsia....
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