Better Social Protection Can Bolster Asia Growth – ADB

    Improving social protection does not only mitigate economic shocks but also promote human capital development through increasing access to education and health care, Asian Development Bank President Haruhiko Kuroda said in a seminar.

    The ADB event, called “Promoting Inclusive Growth through Social Protection,” highlights how social welfare initiatives can lessen the impact of economic slowdown, disease and natural calamities. Its roster of expert panelists delved on the recent financial crisis as concrete example and the critical role played by social protection-oriented policies.

    About the author

    • Chiden Balmes

      Chiden, a correspondent based in Seoul, focuses on computer-assisted reporting to provide international development professionals with practical business and career information. He also contributes to the Development Newswire and the Global Development Briefing, two of the world's highest-circulation development publications.