Broader View of Poverty Underscores Critical Long-Term Challenge
Poverty will remain a critical and big challenge for Asia and the Pacific in the coming decades, requiring a greater focus on efforts to address food insecurity and economic vulnerability, says a new Asian Development Bank (ADB) report, entitled Key Indicators for Asia and the Pacific 2014. Rapid economic growth in the region has led to a sharp improvement in living standards. In Indonesia, the national poverty rate declined from 14.2 percent to 11.3 percent over the past five years.