Asia’s economic boom hobbled by weak governance

Asia’s fast economic growth may be jeopardized by poor governance, the Asian Development Bank warned in a recent study. “Government effectiveness, rule of law, regulatory quality, and control of corruption facilitate the achievement of economic, social and environmental outcomes,” the ADB said. Addressing governance issues would mean a lot to the region as it could improve human development, gender equality, infrastucture quality and water security, the report said.

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