South East Asia’s increasing pains

The most important hurdle facing Asia is how to sustain rapid economic growth. Economic growth paves the way of reducing poverty and it is socially inclusive and environmentally sustainable.

The challenges are rapid population growth; rebalance growth in local areas and needs of responding to climate change.

 Inclusive growth focuses on creating economic opportunity and ensuring equal access.

It will play a pivotal role in finding out these challenges.

We have seen India’s budget clearly identifies fostering high rates of growth. Similarly china’s budget emphasized improving rural areas s part of the effort to build a harmonious society.

Malnutrition among children under 5 years is worse in south Asia than in sub Saharan Africa. Half of Asia lives without basic sanitation. Moreover, 900 million people without access to electricity.