The thesis looks at the macroeconomic impact of foreign aid. It is specially concerned with aid's impact on the public sector of less developed countries . Since the overwhelming majority of aid is directed to the public sector of LDCs, one can only understand the broader macroeconomic impact of...

The record economic growth of PRC since the 1990s has been accompanied by an increase in both income inequalities and polarization. We employ Relative Distribution tools (Handcock and Morris, 1998) on different datasets in order to provide a detailed analysis of Chinese income distribution...

The critical assessment of human development and capabilities exercise in MENA includes the following areas for achieving capabilities enhancement (i) Macroeconomic framework component: Analysis of the evolution and nature of macroeconomic policies and their inter-relationships with trade policy...

The main purpose of this paper is to explore the possibilities of learning from Korea some pertinent lessons for industrialization and development in the 21st century. The 21st century presents an even greater challenge for industrialization in the developing world than the post-WWII period. The...

The Asian Development Bank(ADB) was founded in the mid-sixties. In addition to the Asian countries, it also has members from among the wealthy countries in North America, Europe and Oceania. Over the years, ADB has grown in size and prestige among the regional development banks. As Khan (2004,...

I provide a quick assessment of the effectiveness and potentialities of National Innovation Systems (NIS) in the Asia-Pacific for deeper economic integration. To this end,I formulate some preliminary policy suggestions aimed at enhancing the region’s overall innovation strategy. My approach...

Bangladesh is potentially capable of rapid, self-reliant and equitable development under the present AL leadership. But the combination of strategic openness and self-reliance requires firm, skillful and committed leadership at all levels. Our current situation is perilous precisely because the...

How does Japanese aid influence the allocation of government expenditures and the raising of government revenues? Using a non-linear model with an asymmetric loss function the case of Japanese aid to Thailand is examined at the macroeconomic level with a large time-series data set for 1960-2012....

Milton Friedman’s “The Methodology of Positive Economies” is still one of the most widely read pieces on economic methodology. One reason for this might be Friedman’s attractive proposal that economists use theories and hypotheses as pragmatic devices to summarize data and make...

This is the concluding chapter about a new non-aligned development strategy for Africa. As various African countries break away from neocolonial domination by the Global North, a Pan- African Renaissance becomes a possibility. However, it is a complex process. But startin g with the expanded...