This article first examines the investment climate in ASEAN countries and the role of foreign investment policies. It then analyses the trends and the sectoral pattern and country sourcing of FDI and higlights the experience of Singapore. Finally, it examines the prospects of FDI in ASEAN,...

According to the authors, population growth and economic development is a centuries-old theme that regained prominence in the 1960s. They take another look at this old issue in the context of recent developments and with the benefit of the increasing stock of knowledge on the subject. After...

Starting in some cases in the late seventies and in other cases during the eighties, financial and fiscal sector reforms have been carried out in almost all Asian countries, with major changes being effected in the eighties. In the reform effort, however, South Asian countries, except Sri Lanka,...

The need for government policies to promote industrial technology development (ITD) in developing countries depends on deficiencies in the markets that affect the process of ITD. After describing the characteristics of technological capabilities in developing countries, the article looks at the...

The article explores the overall trend and pattern of private international capital flows into the Asian and Pacific region and considers the prospects for enhancing such flows. It then focuses on each of the major types of private international capital flows: bank lending, foreign direct...

After discussing the relationship of tax reform to macroeconomic stabilization and structural adjustment policies, the author reviews the major lessons for tax reform based on the experiences of developing countries, including East Asian economies. He also looks at some implications for policy...

The article reviews the experiences of major countries in the Asian and Pacific region in taxing the output of the services sector and discusses the rationale for taxing services. The methods of taxing services and the special problems involved in extending indirect taxes on consumption of...