Weak governance, corruption stunt development, says Asian Dev't Bank

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As Asian countries make their trek towards greater prosperity, the region’s top development agency stressed the importance of governance reforms, which should complement economic policies to ensure sustainable growth. The Asian Development Bank (ADB) said in a statement that weak governance still hounded most Asian countries, resulting in income inequality and environmental degradation, among other problems, that threaten the region’s sustained development.

Read the story by Paolo G. Montecillo in Philippine Daily Inquirer.

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