developing Asia. More specifically, we examine the root causes of the large and persistent current account surpluses that have … of welfare and economic growth. Based on our analysis, we recommend a number of concrete policy directions to help Asia …

The central objective of this paper is to empirically examine the issue of fiscal sustainability in developing Asia. To …

While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long … Asia's growth. Our results also confirm the relevance of supply-side factors, in particular human capital and openness to … trade, for developing Asia's medium- and long-term growth. The overarching implication for policy makers is that supply …

In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The … a significant effect on growth, as our empirical analysis shows. In line with economic theory, property taxes have a …

equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity …

Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …

Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and … Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in …

Sovereign wealth funds (SWFs) have emerged in developing Asia as a policy response to an unprecedented accumulation of … sensitivity of state-led FDI severely constrains the ability of developing Asia's SWFs to undertake FDI on a significant scale …. Therefore, the potential for developing Asia's SWFs to become major sources of outward FDI is more apparent than real. This …

Asia has run since the 1997–1998 Asian crisis. A country's current account surplus is, by definition, equal to its net …

The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this … role of the service sector as an engine of growth in Asia. However, some Asian countries where the service sector is …