Abstract

In recent years, income distribution has worsened virtually in all market economies. For East Asia, Japan, South Korea, Taiwan, Hong Kong and Singapore have successfully done away with absolute poverty, with their current focus on relative poverty. China, Malaysia and Thailand have resolved their absolute poverty problem, targeting policies now on certain regions or certain groups. For Indonesia, the Philippines, Cambodia, Laos, Myanmar and Vietnam, the main thrust is still on reducing their absolute poverty.

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