Decent Work to Achieve a Prosperous, Inclusive, Resilient, and Sustainable Asia and the Pacific

Policy Paper
Sep 2021

While the significant economic growth in Asia and the Pacific generally has positive impacts to national industries, this also brings huge economic and social deficits that pose a great threat to the welfare of laborers and overall sustainability of regional economic development. ADB's new Strategy 2030 helps address some of these issues in their long-term corporate strategy geared towards a more prosperous, inclusive, resilient, and sustainable APAC.

This article aims to further enrich ADB's Strategy 2030 with commentary and proposals for providing more in-depth positive changes in rising inequality and technological development, productivity-versus-wage deficits, and social protection as outcomes of labor market aspects.