UN’s Economic and Social Survey of Asia and the Pacific Analyses Threat of Triple Crises to the Region
26 Mar 2009
Bangkok (UN/ESCAP Information Services) – While most governments are focused on dealing with the worst economic crisis in many decades, two other longer term crises should not be forgotten. Food-fuel price volatility and climate change are converging with the present economic crisis to create what is now being referred to as the triple threat. With almost two thirds of the world’s poor and half of its natural disasters, Asia and the Pacific is at the epicentre of the triple crises.
Solutions proposed to deal with economic, food/fuel and climate change challenges
This message comes from the Economic and Social Survey of Asia and the Pacific 2009, the flagship publication of the United Nations’ regional arm – the Economic and Social Commission for Asia and the Pacific (ESCAP). Entitled "Addressing Triple Threats to Development,” the report is released today in over 20 cities across the region and in
The Survey provides a regional perspective as well as country-specific analyses, and outlines ways in which economies in the region can move forward in unison towards a more inclusive and sustainable development path.
“The severity of the triple crises required a more responsive, action-oriented agenda,” said Noeleen Heyzer, UN Under-Secretary-General and Executive Secretary of ESCAP at the main launch in
Resilience to financial crisis eroded by reliance on exports to other regions
This is the second time in a decade
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