Home Feature Articles New UN survey says Asia-Pacific must increase social spending to turn rebound into recovery

New UN survey says Asia-Pacific must increase social spending to turn rebound into recovery

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Image of the cover of the ESCAP 2010 SurveyHa Noi, 12 May 2010 - The national launch for Viet Nam of the Economic and Social Survey of Asia and the Pacific 2010, an annual publication of the UN's Economic and Social Commission for Asia and the Pacific (ESCAP), took place today.  The Survey analyses the economic recovery of the region thus far and offers specific and innovative economic and social policy recommendations to governments of Asia and the Pacific to create a stronger more sustainable economy for the region. While the economic rebound of the Asia-Pacific region from the financial crisis is stronger than expected, turning this rebound into a long term recovery that creates a fairer, more balanced, and sustained regional economy is the focus of the report.

Eugene Gherman, Economic Affairs Officer of the Macroeconomic Policy and Analysis Section of UNESCAP in Bangkok, presented the key findings of the survey.  Pham Lan Huong, Acting Director of the Department  for Macroeconomic Policy and Integration Studies, Central Institute for Economic Management, shared comments on Viet Nam’s situation as highlighted in the survey, and Alex Warren-Rodriguez, UNDP Economic Policy Advisor, then provided an insight into the Vietnamese context and the suggestions on how to use the information in the survey . The panelists had a very productive discussion with the mass media and responded to their inquiries afterward.

 

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