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alp227

(32,053 posts) Tue Apr 10, 2012, 10:55 PM Apr 2012

Asia's rapid growth fuelling inequality, the ADB warns

Source: BBC

Asia's rapid economic growth may undermine stability because the gap between the rich and poor is widening, the Asia Development Bank has warned.

Releasing its annual report, the bank said a key inequality measure increased to an average reading of 38 in Asia.

And while that is less than the average found in Latin America and Africa, Asia's figure is climbing as it declines in the other regions.

China, India and Indonesia have seen significant growth in inequality.

Read more: http://www.bbc.co.uk/news/business-17673445

2 replies

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Asia's rapid growth fuelling inequality, the ADB warns (Original Post) alp227 Apr 2012 OP

Masses of poor and desperate people are convenient to the ruling elites. Quantess Apr 2012 #1

Sounds a bit like this country. sarcasmo Apr 2012 #2

Quantess

(27,630 posts)

1. Masses of poor and desperate people are convenient to the ruling elites.

Reply to alp227 (Original post)

Tue Apr 10, 2012, 11:03 PM

Apr 2012

So, "some people say" this is good news.