A successful Doha Development Round has the potential to raise standards of living worldwide, alleviate grinding global poverty, remove inequities in the trading system, and enhance international stability. With it, the well-being of Asia, which is home to most of the world’s poor, would be...

The Asian and Pacific region has made remarkable advances in reducing poverty. This paper surveys the main contributions that attempt to explain the causes behind the region’s success in poverty reduction, and assesses the impact of inclusive development policies pursued. Looking broadly at...

Open regionalism and integration between the world’s two largest developing countries, People’s Republic of China (PRC) and India, in trade, investment and infrastructure can foster outward-oriented development, and economic and social benefits that could result in poverty reduction. In view...

Constrained until 2005 by import quotas, the production and trade of textiles and clothing (T and C) has become widely dispersed with substantial losses in global income and welfare. Meanwhile, quota and tariff preferences from major importing countries have enabled a large number of developing...

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 strategy. This paper evaluates empirically how far this shift has gone. The evaluation - based on an...

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 forecasts for Asian expansion over 2025. These baseline growth forecasts elucidate shifting...

At least part of the effort toward attainment of health and education Millennium Development Goals (MDGs) could come from improvements inefficiency of delivery mechanisms. Hence, it is important to know which countries - or which regions within countries - are able to attain higher MDG outcomes...

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 accumulation fed by surges in capital in flows. The paper finds that sterilization interventions by the...

This paper examines the impact of multinational firm entry into local labor markets on employment, productivity, and wages. It exploits the People’s Republic of China’s rapid implementation of economic reforms and assignment of cities to special economic zone status in the 1980s and 1990s....