Recent debates on a sustainable recovery of the global economy have tended to overemphasise the "savings glut" hypothesis and the unavoidable imperative of higher consumption in China and other emerging Asian countries. That oversaving and not underinvestment is coming in the way of a quicker...

Laos and Cambodia have been transitioning to a market-oriented policy regime. Both are agrarian economies with agriculture contributing about one-third of the GDP. We assess prospects of achieving MDG1 and centrality of agricultural growth in achieving this goal. As these are macro...