By Agence France Presse A rapidly growing gap between rich and poor in many developing East Asian nations is threatening the foundation for the region’s economic success, the World Bank said Monday. “The whole basis for East Asia’s success was this sense that everything was fair — you worked hard, you got ahead — but that is beginning to unravel a little bit,” said Sudhir Shetty, the bank’s chief economist for East Asia and […]
Tag: inequality
10 ways Duterte plans to change the Philippines
MANILA, Philippines (AFP) — Rodrigo Duterte was sworn in as Philippine president on Thursday after a landslide election victory last month built on a series of bold and controversial pledges. Here are 10 ways Duterte plans to change the Philippines during his six years as president: War on crime Duterte has said he must take extreme measures to stop the Philippines becoming a narco-state. Security forces will be given shoot-to-kill orders. Bounties will be paid […]





