The Asia and Pacific region includes 47 countries that account for about 61 percent of the total world population. Data suggest that in 2016, more than 4.5 billion inhabitants out 7.4 billion worldwide belonged to that region. Asia-Pacific is home to diversified cultures and traditions.
According to the International Labor Organization (ILO) during its 16th Asia-Pacific Regional Meeting held in Bali, Indonesia, Asia-Pacific also provides more than 60 percent of the labor force worldwide. Over the past years, it has experienced a significant decline in poverty rates, a growth of modern industries and has a more educated labor force. However, employment which is a key factor in helping people move out of poverty remains stubbornly low. The sustained economic growth and dynamism does not translate into social progress and only benefits the few.