{
    "success": true,
    "data": {
        "id": 1014938,
        "msgid": "adb-hails-ri-employment-1447893297",
        "date": "1994-10-13 00:00:00",
        "title": "ADB hails RI employment",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "ADB hails RI employment MANILA (AFP): The Asian Development Bank (ADB) yesterday praised Indonesia, South Korea, Malaysia and Thailand for their success in generating employment compared to their South Asian counterparts. The bank said the nations' success was a result of a balanced combination of liberal trade policies and less government intervention.",
        "content": "<p>ADB hails RI employment<\/p>\n<p>MANILA (AFP): The Asian Development Bank (ADB) yesterday<br>\npraised Indonesia, South Korea, Malaysia and Thailand for their<br>\nsuccess in generating employment compared to their South Asian<br>\ncounterparts.<\/p>\n<p>The bank said the nations' success was a result of a balanced<br>\ncombination of liberal trade policies and less government<br>\nintervention.<\/p>\n<p>Unemployment rates in these countries stand at two or three<br>\npercent, while the degree of unemployment and underemployment in<br>\nIndia, Pakistan, Bangladesh and Sri Lanka remains high, ADB Vice-<br>\nPresident Peter Sullivan said.<\/p>\n<p>In his address at the opening of an ADB conference on<br>\nemployment creation, he said minimal state intervention in the<br>\nlabor market, concentration of job-enhancing activities and tax<br>\nrevenues to provide safety nets for the unemployed, were among<br>\nthe characteristics of the successful countries.<\/p>\n<p>These states \"aggressively\" imported foreign capital and<br>\ntechnology to boost demand for labor and have diversified their<br>\neconomies, he added.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/adb-hails-ri-employment-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}