{
    "success": true,
    "data": {
        "id": 1348914,
        "msgid": "asia-makes-progress-but-more-can-be-done-wb-1447893297",
        "date": "2003-10-06 00:00:00",
        "title": "Asia makes progress but more can be done: WB",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Asia makes progress but more can be done: WB Bernice Han, Agence France-Presse, Singapore Rapid economic progress in the past two decades has led to a huge reduction in poverty in Asia but there remains a lot more that governments can do to help the poor, a senior World Bank official said. \"In East Asia, the situation of the poor has been improving quite dramatically for a long time,\" Shantayanan Devarajan, director of development economics at the World Bank, told AFP in a recent interview.",
        "content": "<p>Asia makes progress but more can be done: WB<\/p>\n<p>Bernice Han, Agence France-Presse, Singapore<\/p>\n<p>Rapid economic progress in the past two decades has led to a huge<br>\nreduction in poverty in Asia but there remains a lot more that<br>\ngovernments can do to help the poor, a senior World Bank official<br>\nsaid.<\/p>\n<p>&quot;In East Asia, the situation of the poor has been improving<br>\nquite dramatically for a long time,&quot; Shantayanan Devarajan,<br>\ndirector of development economics at the World Bank, told AFP in<br>\na recent interview.<\/p>\n<p>&quot;There was a setback in the late 1990s with the crisis but it<br>\nseems like even that has now more or less returned to the<br>\noriginal path of rapid poverty reduction in places like<br>\nIndonesia, Thailand and so on,&quot; he said, referring to the 1997-<br>\n1998 financial crisis that wreaked havoc on the region&apos;s<br>\neconomies.<\/p>\n<p>&quot;So both on income poverty and other dimensions of poverty<br>\nlike education and health, the situation has been improving quite<br>\nsubstantially... I would say Asia is not doing too badly at all.&quot;<\/p>\n<p>Poverty in East Asia declined most rapidly in the 1990s with<br>\nChina an exceptional success, experiencing a decade in which the<br>\nworld&apos;s most populated country made the transition from a<br>\nbackward Asian nation into a global economic powerhouse.<\/p>\n<p>&quot;China is actually distinguished as the country that has<br>\nmanaged to pull the largest number of people out of poverty,&quot;<br>\nDevarajan said, putting the figure at close to 200 million but<br>\ngiving no details on when the feat was achieved.<\/p>\n<p>Figures from the Washington-based lender showed the number of<br>\npeople living on less than US$1 a day in East Asia and the<br>\nPacific fell from 452.4 million in 1990 to 267.1 million in 1998.<\/p>\n<p>In contrast, the number of people living on less than $1 daily<br>\nin the sub-Saharan Africa region rose from 242.3 million to 301.6<br>\nmillion during the same period, the World Bank website said.<\/p>\n<p>A key factor in Asia&apos;s success in poverty reduction lies in<br>\nthe governments&apos; emphasis on economic development and opening the<br>\ndoors for employment opportunities, Devarajan said.<\/p>\n<p>&quot;I think the governments are doing the right thing because<br>\nwhat we found out from the experience is that the best thing for<br>\nreducing poverty is rapid economic growth,&quot; he said.<\/p>\n<p>&quot;And that&apos;s what these countries are focusing on and that&apos;s<br>\nwhat they have managed to achieve.&quot;<\/p>\n<p>But economic growth by itself is not sufficient to address<br>\nlong-standing problems related to poverty in areas such as<br>\neducation or improving health care access for the poor, Devarajan<br>\nsaid.<\/p>\n<p>This is where the state can step up its efforts to remedy the<br>\nsituation, he said.<\/p>\n<p>&quot;Now there are other issues that growth by itself, while it is<br>\nabsolutely essential, may not be enough,&quot; Devarajan said.<\/p>\n<p>&quot;For instance, to reduce child mortality... and I think that<br>\nis where I would like to see the governments do a little bit<br>\nextra while maintaining the focus on growth.&quot;<\/p>\n<p>Also, problems at the so-called next level are already<br>\nemerging in countries such as Thailand and the Philippines, where<br>\nthe economies have made strong recoveries from the 1997-1998<br>\ncrisis.<\/p>\n<p>&quot;In areas where we think the problem at least at the basic<br>\nlevel has been achieved of primary education and primary health,<br>\nyou are beginning to see problems at the next level,&quot; Devarajan<br>\nsaid.<\/p>\n<p>&quot;So for instance, in Thailand, there is a problem with<br>\nsecondary education or in the Philippines,&quot; he said.<\/p>\n<p>Even in China, the progress achieved in poverty reduction is<br>\nnot as widespread in rural areas, Devarajan said,<\/p>\n<p>&quot;For instance, there are parts of China that have very high<br>\npoverty and in particular in rural China,&quot; he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/asia-makes-progress-but-more-can-be-done-wb-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}