Edited by the Institute for Social Research, Swinburne University of Technology

Mass poverty in Asia and the GFC

Image: Ronn Ashore / Flickr

03 July 2009In addition to the current Global Financial Crisis (GFC), there is a second global crisis: long-term poverty in the third world. While the rich world worries about a repeat of the Great Depression, today more than a billion people in Asia live in conditions of bitter poverty which are much worse than those of the 1930s. As a result of the GFC, poverty in developing Asia is now likely to increase. In a new Policy Brief, Peter McCawley argues that Australian economic diplomacy should place greater focus on the issue of mass poverty in Asia, and he emphasises the importance of strong economic growth as the best way to help Asia’s poor.

 

Noticeboard

30 January 2010

ACCESS Victoria, the youth network of the Australian Institute of International Affairs, has relaunched its publication, Quarterly Access (QA). A key aim of QA is to provide an opportunity for undergraduates, postgraduates and young professionals interested in international affairs to get their ideas published.

Hard copies are being distributed to university libraries and other student hotspots around Melbourne, Sydney and Canberra. QA is also available online at http://quarterlyaccess.typepad.com/