Getting Even: Public Policies to Tackle Inequality in Asia

Asia's phenomenal economic growth during last few decades is a remarkable success story in the fight against poverty. Between 2005 and 2012 alone, the number of people living in extreme poverty in Asia-Pacific was reduced by 1.1 billion-accounting for more than 90 per cent of the total poverty reduction achieved worldwide. However, these achievements have been overshadowed by the sharp rise in income and wealth inequality. The concentration of private wealth is of a greater concern. In seve...