This paper provides a critical review of the recent research on aid effectiveness. It argues that there is an enormous disjunction between research on aid effectiveness and current policies and practices: in particular, recent empirical research efforts have spawned a large body of work that is...

Recent years have seen the emergence of a considerable volume of literature on governance and its role in economic and social development of a country. This paper provides a critical review of the literature. This review brings into the open a number of serious conceptual, measurement, and data...

Starting with a brief description of the motivations for establishing AIIB, the chapter then outlines the institutional structure of the AIIB, including its membership, capital, governance, and operational procedures and practices. Next, it compares the AIIB and other existing multilateral...

During the last half a century, developing Asia witnessed a spectacular economic transformation, which involved a remarkable increase in GDP, a substantial decrease in poverty and hunger, and improved social indicators. Though export-led manufacturing spearheaded this process, agriculture played...

The paper addresses the question of how the new information and communication technologies (ICTs) can potentially help reduce poverty in developing countries. Starting with the definition and types of ICTs, the paper discusses a number of instances where various ICTs have been fruitfully applied...

This paper investigates the determinants of inclusive growth with a focus on foreign aid. Based on the Solow growth model, a theoretical model has been developed which shows that foreign aid can stimulate inclusive growth if it is effectively used for augmenting either physical or human...

This paper examines whether foreign aid, together with other economic, social and environmental factors, contributes to sustainable development. It starts with a theoretical model where sustainable development is modelled as a different kind of growth that protects the environment. Using factor...

What are the major determinants of green growth? What role can the government play to promote green growth? To address these questions, this paper develops a simple Green Solow model that sheds light on the role of finance and technology in the process of green growth. The empirical section of...