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Regional roundup: Finance in East Asia

James Seward's picture

This is the first blog entry of what I hope to be regular updates from the financial sector and related areas across the East Asia and Pacific region. So, let’s see how the New Year began in Asia.

Unfortunately, the bad news keeps coming on the economies in the region in terms of exports and industrial output. Exports and industrial production fell 6.2 percent in Malaysia in November and exports from Thailand fell 18 percent in November. Surveys of consumer confidence, business sentiment, and manufacturers across the region have all shown significant declines.

Programs offer children in poverty a headstart

Ariel Fiszbein's picture

In the last decade, conditional cash transfer (CCT) programs are probably the key social policy innovation around the world and in the East Asia and Pacific region. The targeted programs offer money to poor households on the condition they make pre-specified investments in the human capital of children. Typically, this involves school enrollment and attendance, and basic preventive health activities such as periodic checkups, growth monitoring, and vaccinations for young children.

Empowering the poor: Helping urban slums to help themselves

Chris Pablo's picture

The poor need to be empowered, and solutions have to be designed by them. Community organization, a difficult yet key element to successful slum upgrading, is often successfully carried out.

October 8 is International Day for Disaster Reduction

Zoe Elena Trohanis's picture

Growing up in Chapel Hill, North Carolina, every year in elementary, junior high and high school, we would participate in hurricane drills. An alarm would sound, and all the kids would file into the interior hallways, sit cross-legged on the floor, and cover our heads with our hands. Some of us, if there wasn't a hallway handy, would crawl under our desks until we were told it was safe to resurface. Thinking back on those drills, I knew they were important but never quite made the link as to why we had to do these exercises, since strong hurricanes never seemed to make their way that far inland while I was growing up. Of course then in 2004, Hurricane Ivan blew through my hometown and caused massive damage, and knocked out my parents' power and water supply for more than a week. I'm sure the local schools put their hurricane drills to good use during that storm.

Economics of Sanitation

Jaehyang So's picture

Most of us in the development community are aware that proper water and sanitation services are crucial for life and health. Proper sanitation especially can decrease the instances and spread of disease. But in making the case to Ministers of Finance, it is often the economic and financial case that we have to make in order to garner the investments needed to make a difference.

A Water and Sanitation Program report we released last month, called Economic Impact of Sanitation in Indonesia (pdf), makes that case for that country. The report says that the economic costs of poor hygiene and sanitation in Indonesia reached an estimated US$6.3 billion, or 2.3 percent of GDP in 2006.

Long-distance knowledge sharing network expands in Indonesia

Philip E. Karp's picture

GDLN Indonesia covers more than 220 public and private universities across the archipelago, opening up opportunities to share knowledge both within Indonesia and with other countries.

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