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UN, ADB Upbeat Over Asia Economic Outlook

United Nations’ economists are calling on Asia Pacific economies to move ahead with reforms, especially targeting widening income and wealth inequalities despite decades of economic growth. Economists with the Economic and Social Commission for Asia and the Pacific (UNESCAP) said regional governments need to address growing income inequalities, which have increased markedly since the 1990s. Income inequalities are a problem Hamza Ali Malik, a UNESCAP macroeconomic policy economist,...

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