Poverty and Inequality

Abstract

This chapter aims to depict the post-Second World War poverty and inequality trends in Asia, its sub-regions, and individual economies. In addition to the provision of poverty and inequality profiles, this chapter addresses three related issues: what were the impacts of growth and inequality on poverty reduction in Asia? What are the drivers of absolute poverty and inequality? And what is the relationship between economic growth and inequality? Efforts are made to explain these trends and explore their interrelationships. Analytical results confirm significant reductions in poverty across the board due to fast growth, although the benign effect of growth on poverty was offset by worsening distribution in many economies. Looking ahead, Asia is expected to eradicate poverty but likely to continue facing high inequality, particularly as major technology breakthroughs such as artificial intelligence and the internet of things replace more and more labour.

Establishing baseline data for school + home community project towards improved livelihood, literacy and climate resiliency

“…The post-2015 development agenda for the Millennium Development Goals (MDGs) and the Sustainable Development Goals placed a high priority on reducing poverty (SDGs). And inequality was added to the latter (Wan & Wang, 2019). Because people and families lack access to basic essentials, poverty is a worldwide socioeconomic problem (Cudia, 2019).…”

“…Poverty reduction was prioritized heavily in both the post-2015 development agenda for the Millennium Development Goals (MDGs) and the Sustainable Development Goals (SDGs). And the latter was supplemented by inequality (Wan & Wang, 2019).…”

TQFT, Symmetry Breaking, and Finite Gauge Theory in 3+1D

“…In recent years there has been much activity using anomaly-matching to probe the infrared physics of gauge theories [1][2][3][4]. Of particular interest is the role of 1-form symmetries, whose spontaneous breaking implies deconfined gauge degrees of freedom in the IR.…”