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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Main Author: World Bank
Format: Book
Language:English
Published: Washington, DC: World Bank 2017
Subjects:
Online Access:http://hdl.handle.net/10986/28878
id okr-10986-28878
recordtype oai_dc
spelling 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
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