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Growth and Trade Horizons for Asia: Long-term Forecasts for Regional Integration
Growth Trade Asia
2009/9/1
With the emergence of People’s Republic of China (PRC) and India, the economic landscape of Asia and its relation to the global economy have changed. Using a new dynamic global model, we present forec...
In recent years, some developing Asian countries claim to have started
shifting emphasis from export-led to domestic demand-led growth policies
with a view to achieving a more balanced growth strate...
Foreign Exchange Reserves, Exchange Rate Regimes, and Monetary Policy: Issues in Asia
Foreign Exchange Reserves Monetary Policy Asia
2009/9/1
This paper seeks to outline issues arising from rapid foreign exchange reserve
accumulations in Asia. Attention is paid to People’s Republic of China and
India for the significance of the accumulati...
Employment Generation for the Rural Poor in Asia: Perspectives, Patterns, and Policies
Employment Asia Policies
2009/9/1
This paper reviews the literature on rural employment and employment generation. It considers three models of rural employment: neoclassical, dual economy, and dynamic linkages. Evidence favors the th...
Asia’s Current Account Surplus: Savings Glut or Investment Drought?
Savings Glut Investment
2009/9/1
Over the last few years economists have started referring to the existence of “global payments imbalances”, reflected in the growing current account surpluses and deficits among different regions of t...
The disappointments of the Washington Consensus have led to the search for a new paradigm to replace it. The chief failing of the Washington Consensus was that it represented an approach based on “rul...
The unshackling of India from its historically low rate of growth has
occurred. The challenge of maintaining high growth rates in some states and
igniting them in the presently bypassed and marginal...
Only for the recipients of foreign aid is something akin to central planning
seen as a way to achieve prosperity. The end of poverty is achieved with free
markets and democracy—where decentralized “...
The paper applies the notion of social well-being to show that
“sustainable development” should mean the maintenance of the productive
base of an economy relative to its population. It is shown tha...
Economic Growth and Poverty Reduction: Evidence from Kazakhstan
Economic Growth Poverty Reduction Kazakhstan
2009/9/1
This paper empirically examines the relation between economic growth and poverty alleviation in the case of Kazakhstan using province-level data. It shows that provinces with higher growth rates achie...
Priority Integration Sectors in ASEAN: Supply-side Implications and Options
ASEAN Supply-side Implications
2009/9/1
There are 12 priority integration sectors of strategic importance for the Association of Southeast Asian Nations (ASEAN). Exports from the nine largely goods sectors, with almost three quarters of mer...
Interrelationship between Growth, Inequality, and Poverty: The Asian Experience
Growth Inequality Poverty
2009/9/1
This paper examines the relationships between economic growth, income
distribution, and poverty for 17 Asian countries for the period 1981–2001. It
deals with two distinct but related issues. First,...
Developing Asia’s rapid growth rates that have contributed to a remarkable decline in the incidence of poverty have also been accompanied by rising income and expenditure inequalities and persistence ...
Mother’s Education and Children’s Nutritional Status: New Evidence from Cambodia
Cambodia Demographic
2009/9/1
This study uses data from Cambodia’s 2005 Demographic and Health Survey
to examine how three measures of children’s nutritional status vary by
mother’s educational attainment. To identify mechanisms...
In the run-up to the 2008 global financial crisis, many thought that Asia
would be exempt from economic shocks from Europe or North America.
These arguments were largely based on the rapid expansion...