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Report: Rising Income Gap Threatening Stability in Asia

Posted April 11th, 2012 at 10:00 am (UTC-5)
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A report by the Asian Development Bank says the region’s rapid economic growth has created a widening income gap that threatens to undermine its growth and stability. In its annual economic development outlook, the Manila-based lender says Asia’s richest one percent of households account for six to eight percent of total income, while up to […]

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