Developing Asia has undergone a dramatic shift over the past 5 decades from a region of mainly lowincome economies … toward one that is largely middle income. Compared with world aggregate data, developing Asia now has a much greater …

Sovereign wealth funds (SWFs) have emerged in developing Asia as a policy response to an unprecedented accumulation of … sensitivity of state-led FDI severely constrains the ability of developing Asia's SWFs to undertake FDI on a significant scale …. Therefore, the potential for developing Asia's SWFs to become major sources of outward FDI is more apparent than real. This …

is a growing consensus that Asia's reserves now substantially exceed the levels required for precautionary purposes or … reserves in developing Asia have in fact reached excessive levels. Informal tests of reserve adequacy based on widely used … confirm the popular belief that developing Asia now has excessive foreign exchange reserves. Therefore, the short-run policy …

investments. In order to increase the labor productivity of the sector and realize its potential to contribute to inclusive growth … balanced growth in which the service and industry sectors support and reinforce each other. As services tend to be more labor …

equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity …

investments. In order to increase the labor productivity of the sector and realize its potential to contribute to inclusive growth … balanced growth in which the service and industry sectors support and reinforce each other. As services tend to be more labor …