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| Sea row must not destabilize Asia – ADB | |
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| Tweet Topic Started: Jan 1 2013, 06:48 AM (628 Views) | |
| spearhead | Jan 1 2013, 06:48 AM Post #1 |
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DoctorNO, Your Neutral Observer.
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Sea row must not destabilize Asia – ADB By Pia Lee-Brago (The Philippine Star) | Updated January 1, 2013 - 12:00am MANILA, Philippines - Asia’s leaders must not allow diplomatic distractions, including territorial disputes, to destabilize further an already uncertain economic and geopolitical environment, according to the Asian Development Bank (ADB). In the article “Asia faces hard road ahead” published yesterday in state-owned Chinese news agency China Daily, Haruhiko Kuroda, ADB president, and Changyong Rhee, ADB chief economist, said 2013 will present significant challenges and new responsibilities – political, economic, and social – for developing Asia as the path to sustainable, inclusive economic growth will be difficult. Kuroda and Rhee said fiscal prudence in Asia allowed the stimulus measures needed to revive global economic growth in 2010. However, the economic transformation over the last several decades has reached a crossroads, they added. Kuroda and Rhee said Asia needs to adjust to a new era of more moderate growth, while addressing widespread inequality and improving sustainability. The unprecedented economic expansion that has lifted millions out of poverty has been accompanied by widening income disparities, as well as serious environmental damage, they added. MORE: http://www.philstar.com/headlines/2013/01/01/892049/sea-row-must-not-destabilize-asia-adb |
"Men of War must learn the art of numbers or he will not know how to array his troops." - Plato![]() ![]() | |
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| Ayoshi | Jun 15 2014, 06:53 PM Post #2 |
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'South China Sea trade routes safe despite rows' [rappler] - Jun 15, 2014
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8:43 AM Jul 11