Riding the Wave : An East Asian Miracle for the 21st Century
Developing East Asia has led the way in showing how rapid and broadly shared growth can lift millions out of poverty. And, as this book shows, the region has achieved even more: the wave of prosperity across the region since the 1980s has lifted three out of five of its citizens into economic securi...
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Washington, DC: World Bank
2017
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Online Access: | http://hdl.handle.net/10986/28878 |
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okr-10986-288782021-04-23T14:04:50Z Riding the Wave : An East Asian Miracle for the 21st Century World Bank INCLUSIVE GROWTH POVERTY REDUCTION ECONOMIC MOBILITY ECONOMIC SECURITY ECONOMIC VULNERABILITY INEQUALITY ECONOMIC CLASS EXTREME POVERTY MIDDLE CLASS PANEL DATA SOCIAL ASSISTANCE PROSPERITY Developing East Asia has led the way in showing how rapid and broadly shared growth can lift millions out of poverty. And, as this book shows, the region has achieved even more: the wave of prosperity across the region since the 1980s has lifted three out of five of its citizens into economic security, where their risk of falling into poverty is minimal. Alongside this, a solid middle class has emerged in most countries. But these successes do not guarantee that inclusive growth--growth that reduces poverty and delivers upward mobility and economic security for all--is assured. The region has become more diverse, with progress varying across countries and extreme poverty increasingly concentrated among specific groups. Roughly a fifth of the region's population still remains at risk of falling into poverty and prospects for upward mobility are seen as increasingly elusive across the income distribution, reflecting a growing concentration of income and wealth and limited access to basic social services. Challenges old and new, including rapid aging and less certain growth prospects, are also increasing the premium on economic security for all. Riding the Wave is about how countries across the region can effectively confront these challenges and achieve inclusive growth. 2017-11-15T23:08:56Z 2017-11-15T23:08:56Z 2018 Book 978-1-4648-1145-6 http://hdl.handle.net/10986/28878 English World Bank East Asia and Pacific Regional Report; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication East Asia and Pacific East Asia Oceania |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
INCLUSIVE GROWTH POVERTY REDUCTION ECONOMIC MOBILITY ECONOMIC SECURITY ECONOMIC VULNERABILITY INEQUALITY ECONOMIC CLASS EXTREME POVERTY MIDDLE CLASS PANEL DATA SOCIAL ASSISTANCE PROSPERITY |
spellingShingle |
INCLUSIVE GROWTH POVERTY REDUCTION ECONOMIC MOBILITY ECONOMIC SECURITY ECONOMIC VULNERABILITY INEQUALITY ECONOMIC CLASS EXTREME POVERTY MIDDLE CLASS PANEL DATA SOCIAL ASSISTANCE PROSPERITY World Bank Riding the Wave : An East Asian Miracle for the 21st Century |
geographic_facet |
East Asia and Pacific East Asia Oceania |
relation |
World Bank East Asia and Pacific Regional Report; |
description |
Developing East Asia has led the way in showing how rapid and broadly shared growth can lift millions out of poverty. And, as this book shows, the region has achieved even more: the wave of prosperity across the region since the 1980s has lifted three out of five of its citizens into economic security, where their risk of falling into poverty is minimal. Alongside this, a solid middle class has emerged in most countries. But these successes do not guarantee that inclusive growth--growth that reduces poverty and delivers upward mobility and economic security for all--is assured. The region has become more diverse, with progress varying across countries and extreme poverty increasingly concentrated among specific groups. Roughly a fifth of the region's population still remains at risk of falling into poverty and prospects for upward mobility are seen as increasingly elusive across the income distribution, reflecting a growing concentration of income and wealth and limited access to basic social services. Challenges old and new, including rapid aging and less certain growth prospects, are also increasing the premium on economic security for all. Riding the Wave is about how countries across the region can effectively confront these challenges and achieve inclusive growth. |
format |
Book |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Riding the Wave : An East Asian Miracle for the 21st Century |
title_short |
Riding the Wave : An East Asian Miracle for the 21st Century |
title_full |
Riding the Wave : An East Asian Miracle for the 21st Century |
title_fullStr |
Riding the Wave : An East Asian Miracle for the 21st Century |
title_full_unstemmed |
Riding the Wave : An East Asian Miracle for the 21st Century |
title_sort |
riding the wave : an east asian miracle for the 21st century |
publisher |
Washington, DC: World Bank |
publishDate |
2017 |
url |
http://hdl.handle.net/10986/28878 |
_version_ |
1764467941303123968 |