Welfare economics
Inequality in the Philippines still high, says ADB
Inequality in the Philippines might have not changed rapidly in the last 20 years, but the gap between the rich and the poor in...
Singapore’s increasing struggle with poverty
The growing presence of poor people in the wealthy city state is becoming more and more obvious despite begging carries heavy fines or even...
82% of Asia shows rising wealth divide
Asia is losing its grip in the battle against income inequality, with 11 of 28 Asian countries – representing 82 per cent of the region’s population – showing a widening wealth gap, the Asian Development Bank has noted.
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...