Cover; Title Page; Copyright Page; Table of Contents; List of figures; List of tables; List of boxes; Notes on contributors; Foreword; Preface; Abbreviations; 1 Introduction; Asia's rising inequality amid rapid economic growth; Inequality of outcome versus inequality of opportunity; Why rising inequality matters; Summary of key findings; PART I Regional overview and synthesis; 2 Asia's income inequalities: recent trends; Data sources and estimation methods; Recent trends of income inequality in developing Asia; Asia's inequality in a global context; Summary
Summary
Asia's rapid economic growth has led to a significant reduction in extreme poverty, but accompanied by rising inequality. This book deals with three questions: What have been the trends of inequality in Asia and the Pacific? What are the key drivers of rising inequality in the region? How should Asian countries respond to the rising inequality? Technological change, globalization, and market-oriented reform have been the key drivers of Asia's remarkable growth and poverty reduction, but they have also had significant distribution consequences. These three drivers of growth cannot be hindered because they are the sources of productivity improvement and betterment of quality of life. This book will be useful to those interested in policy options that could be deployed by Asian countries in confronting rising inequality
