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SINGAPORE |
Asia's unrelenting industrialisation march in the 1990s was a big catalyst in reducing poverty in the region, the Asian Development Bank (ADB) says.
In particular, countries that have pursued "prudent" pro-market economic policies enjoyed the biggest drop in proverty," the Manila-based bank said in a book on the region's key indicators released last week in Singapore.
It singled out China as an example. Beijing's drive to open up the world's most populous nation to the global economy has seen the percentage of poor people fall from six percent in 1996 to 4.6 percent in 1998.
In the 1990s alone, more than 100 million Chinese were lifted out of poverty, said the ADB, which uses poverty cut-off levels set by the different Asian ... |
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New York |
(CNN) -- A crowd of rescuers chanted "USA, USA" as President Bush thanked everyone working Friday at ground zero of the devastated World Trade Center that was hit by hijacked planes flown by terrorists.
As he stood on a pile of rubble in Manhattan, some people in the crowd shouted they couldn't hear him.
Bush promises terrorists will get message soon
"I can hear ... |
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New York |
Two planes crashed into the World Trade Center towers in Manhattan on Tuesday in what President Bush called "an apparent terrorist attack on our country."
About an hour after those crashes, an explosion forced the evacuation of the ... |
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OTTAWA |
Nearly 20 percent of Canadian children live in poverty even though their country is one of the richest in the world, a welfare group claimed Monday.
The National Council of Welfare, an independent but government-funded group, ... |
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KUCHING |
As the dam rises on Sarawak's controversial $2.4 billion Bakun hydro-electric project so does the concern.
In total 11,000 people, most of them from native tribes, are on the move from Malaysia's biggest infrastructure ... |
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USA |
(CNN) -- She's one of the wealthiest women in the world. She created a talk-show powerhouse, established a motion picture acting career, and the merest mention of a book title from her can move hundreds of thousands of copies.
And ... |
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DAR ES SALAAM |
Tanzanian President Benjamin Mkapa on Friday appealed to the donor community for international measures to protect farmers in poor countries against falling commodity prices.
Addressing the opening session of a meeting here between the government and major donors, Mkapa urged donors, regional and world trade organisations to look at ways of stabilising farmers' incomes, since "otherwise the ongoing poverty reduction initiatives would be destined to failure."
"Our farmers are exposed fully to the vagaries of the commodity markets, often prey to ... |
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NEW DELHI |
India needs to accelerate economic growth to 10 percent annually to stave off poverty and looming unemployment, the US-based consultancy firm McKinsey said in a report issued Friday.
"Indian policy-makers believe that six ... |
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