Wednesday, February 16, 2022

Asia's Inequality

 The Asia-Pacific region comprises 58 countries and territories. The Asia-Pacific region is home to approximately 4.5 billion people.

 The wealthiest 5% of the population controlling close to 70% of total wealth in the region,” reports the Economic and Social Commission for Asia and the Pacific (ESCAP).

Approximately half of all urban dwellers in South Asia live in slums. In large countries such as Bangladesh, China, India, Indonesia, Pakistan, the Philippines, Thailand and Viet Nam, 30 to 60% of the urban population lives in slums

Sharp inequalities continue to be persistent in the region, with nearly 2 in 4 people still unable to afford a healthy diet. 1.9 billion people are unable to afford a healthy diet, driven by high prices of fruits, vegetables and dairy products, making it impossible for the poor to achieve healthy diets.

About 350.6 million people in the Asia and Pacific region are estimated to have been undernourished in 2019, about 51% of the world’s total of undernourished people.

An estimated 74.5 million children under five years of age were stunted and a total of 31.5 million were wasted in the Asia and Pacific region. The majority of these children in the region live in Southern Asia with 55.9 million stunted and 25.2 million wasted children.”

Estimates predict a 14.3% increase in the prevalence of moderate or severe wasting among children under 5 years of age, equal to an additional 6.7 million children, due to the COVID-19 pandemic.

Asia-Pacific: Just 5% of the Region's Population Owns 70% of Its Total Wealth | Inter Press Service (ipsnews.net)

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