The Asian ‘Poverty Miracle’

Download or read book The Asian ‘Poverty Miracle’ written by Jacques Silber and published by Edward Elgar Publishing. This book was released on 2016-09-30 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following rapid economic growth in recent decades, Asia and the Pacific experienced an impressive reduction in extreme poverty, but this drop was not uniform and achievements are still incomplete. Vulnerability to natural disasters, the increasing impact of climate change and economic crises should all be taken into account. There is also a need to consider the multidimensional nature of poverty and the non-uniformity of the decrease across different ethnic groups. This book explores the Asian ‘poverty miracle’ and argues for the development and use of an Asia-specific poverty line.