The paper aims to examine the role of institutions relative to economic policy and geography in explaining the differential level of development across countries over time. To that end, it attempts to construct a Development Quality Index (DQI) and an Institutional Quality Index (IQI) by using...

The paper uses nonparametric methodology to examine the role of institutions in understanding differential levels of development across countries. This technique estimates first order derivatives for every country allowing a deeper look into the impact of institutions on development. The...

The paper compares the economic performance of China and India during the period of their ongoing reform policies. It develops a new measure of development, namely, a development quality index (DQI), to compare performance of China and India. The results show that national-level development...

This paper attempts to propose a methodology to combine different dimensions of governance indicators into a composite index. The governance index is computed as the weighted average of principal components of the standardized governance indicators, where weights are variances of successive...

The paper aims to examine the role of institutions relative to economic policy and geography in explaining the differential level of development across countries over time. To that end, it attempts to construct a Development Quality Index (DQI) and an Institutional Quality Index (IQI) by using...

The paper uses nonparametric methodology to examine the role of institutions in understanding differential levels of development across countries. This technique estimates first order derivatives for every country allowing a deeper look into the impact of institutions on development. The...

The paper develops a new measure of development, namely, development quality Index (DQI), to compare performance of China and India. The results show that national level development quality grew three times faster in China than in India. Conversely, the health quality grew three times as fast in...

This paper reports on the geographic extension of the Human Development Index from 177 (a several-year plateau in the United Nations Development Programme's HDI) to over 230 economies, including all members and associate members of ESCAP. This increase in geographic coverage makes the HDI more...

Since 1990, the Human Development Index has revolutionized discussions about human development. However, it suffers from two deficiencies, which can now be mitigated: geographic incompleteness and insufficiently “on-target” representation of economy, knowledge, and “a long and healthy...

Since countries have continued to liberalize trade both unilaterally and as part of the implementation of preferential trade agreements during the past decade, import tariff costs now often account for a very small share of the overall trade costs faced by traders in Asia and the Pacific –...