Asia-Pacific productivity “under threat and needs reform"

A woman outside her small home in Kanpur, Uttar Pradesh, Photo: World Bank/Graham Crouch

The Asia-Pacific region is an economic powerhouse but urgently needs to rethink its economic strategy if it's to stay that way, UN experts said Thursday.

Latest data from the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) shows that although the region is likely to see stable growth in 2017, productivity is down and inequality growing.

Getting back on track to sustainable economic development will require governments focusing more on rural communities and less on external markets, where demand is slowing.

That's according to Alfredo Calcagno from the UN Trade and Development agency UNCTAD, who has been speaking to Daniel Johnson.

Duration: 4″22″

Filed under Today's Features.
UN Radio Daily News Programme
UN Radio Daily News Programme
Updated at 1800 GMT, Monday to Friday
Loading the player ...

CONNECT

       

 

November 2017
M T W T F S S
« Oct    
 12345
6789101112
13141516171819
20212223242526
27282930