Policy Forum Pod

Under the hood of the Asia-Pacific economy

Episode Summary

In 1991, more than 90 per cent of Asia’s population lived in low-income countries. By 2015, the wealth of the region had taken a dramatic turn, so much so that more than 95 per cent now live in middle-income countries. What has this change meant for the region, and what will it take to shift gear again and reach high-income status? On this week’s Policy Forum Pod, economists Donghyun Park and Roland Rajah from the Asian Development Bank take us under the hood of Asia and the Pacific’s economic engine, and discuss the latest from the 2017 Asian Development Outlook report.

Episode Notes

In 1991, more than 90 per cent of Asia’s population lived in low-income countries. By 2015, the wealth of the region had taken a dramatic turn, so much so that more than 95 per cent now live in middle-income countries. What has this change meant for the region, and what will it take to shift gear again and reach high-income status? On this week’s Policy Forum Pod, economists Donghyun Park and Roland Rajah from the Asian Development Bank take us under the hood of Asia and the Pacific’s economic engine, and discuss the latest from the 2017 Asian Development Outlook report.