ADB Economics Working Paper Series

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70: Policy Reform in Viet Nam and the Asian Development Bank's State-Owned Enterprise Reform and Corporate Governance Program Loan

George Abonyi

69: Export or Domestic-Led Growth in Asia?

Jesus Felipe and Joseph Lim

68: Local Currency Financing - The Next Frontier for MDBs?

Tobias C. Hoschka

67: Banks and Corporate Debt Market Development

Paul Dickie and Emma Xiaoqin Fan

66: Measuring Efficiency of Macro Systems: An Application to Millennium Development Goal Attainment

Ajay Tandon

65: Poverty and Foreign Aid Evidence from Recent Cross-Country Data

Abuzar Asra, Gemma Esther B. Estrada, Yangseon Kim and M. G. Quibria

64: Empirical Assessment of Sustainability and Feasibility of Government Debt: The Philippines Case

Duo Qin, Marie Anne Cagas, Geoffrey Ducanes, Nedelyn Magtibay-Ramos and Pilipinas Quising

63: Developing the Market for Local Currency Bonds by Foreign Issuers: Lessons from Asia

Tobias C. Hoschka

62: A Small Macroeconometric Model of the Philippine Economy

Geoffrey Ducanes, Marie Anne Cagas, Duo Qin, Pilipinas Quising and Nedelyn Magtibay-Ramos

61: Foreign Exchange Reserves, Exchange Rate Regimes, and Monetary Policy: Issues in Asia

Akiko Terada-Hagiwara

60: Measuring Competitiveness in the World's Smallest Economies: Introducing the SSMECI

Ganeshan Wignaraja and David Joiner

59: Labor Market Distortions, Rural-Urban Inequality, and the Opening of People's Republic of China's Economy

Thomas Hertel and Fan Zhai

58: Monetary Poverty Estimates in Sri Lanka: Selected Issues

Neranjana Gunetilleke and Dinushka Senanayake

57: Practices of Poverty Measurement and Poverty Profile of Nepal

Devendra Chhetry

56: Viet Nam: Foreign Direct Investment and Postcrisis Regional Integration

Vittorio Leproux and Douglas H. Brooks

55: Experience of Asian Asset Management Companies: Do They Increase Moral Hazard? Evidence from Thailand

Akiko Terada-Hagiwara and Gloria Pasadilla

54: Practices of Poverty Measurement and Poverty Profile of Bangladesh

Faizuddin Ahmed

53: Competitiveness, Income Distribution, and Growth in the Philippines: What Does the Long-Run Evidence Show?

Jesus Felipe and Grace C. Sipin

52: Restructuring and Regulatory Reform in the Power Sector: Review of Experience and Issues

Peter Choynowski

51: Poverty Estimates in India: Some Key Issues

Savita Sharma

50: Is the Rising Services Sector in the People's Republic of China Leading to Cost Disease?

Duo Qin

49: Changing Bank Lending Behavior and Corporate Financing in Asia: Some Research Issues

Emma Xiaoqin Fan and Akiko Terada-Hagiwara

48: Is Export-led Growth Passe? Implications for Developing Asia

Jesus Felipe

47: Excess Investment and Efficiency Loss During Reforms: The Case of Provincial-level Fixed-Asset Investment in People's Republic of China

Duo Qin and Haiyan Song

46: Local Government Finance, Private Resources, and Local Credit Markets in Asia

Roberto de Vera and Yun-Hwan Kim

45: A Review of Commitment Savings Products in Development Countries

Nava Ashraf, Nathalie Gons, Dean Karlan and Wesley Yin

44: Welfare Impacts of Electricity Generation Sector Reform in the Philippines

Natsuko Toba

43: Why Has Income Inequality in Thailand Increased? An Analysis Using 1975-1998 Surveys

Taizo Motonishi

42: Economic Growth and Poverty Reduction in Viet Nam

Arsenio Balisacan, Ernesto M. Pernia and Gemma Esther B. Estrada

41: Industrial Structure, Technical Change, and the Role of Government in Development of the Electronics and Information Industry in Taipei,China

Yeo Lin

40: The Puzzle of Social Capital: A Critical Review

M. G. Quibria

39: The Political Economy of Good Governance for Poverty Alleviation Policies

Narayan Lakshman

38: Foreign Direct Investment in Developing Asia: Trends, Effects, and Likely Issues for the Forthcoming WTO Negotiations

Douglas H. Brooks, Emma Xiaoqin Fan and Lea R. Sumulong

37: Electricity Demand in the People's Republic of China: Investment Requirement and Environmental Impact

Bo Q. Lin

36: Environment Statistics in Central Asia: Progress and Prospects

Robert Ballance and Bishnu Dev Pant

35: Bond Market Development in East Asia: Issues and Challenges

Raul Fabella and Srinivasa Madhur

34: Economic Openness and Regional Development in the Philippines

Ernesto M. Pernia and Pilipinas Quising

33: Technological Spillovers from Foreign Direct Investment - A Survey

Emma Xiaoqin Fan

32: Leading Indicators of Business Cycles in Malaysia and the Philippines

Wenda Zhang and Juzhong Zhuang

31: New Economy and the Effects of Industrial Structures on International Equity Market Correlations

Cyn-Young Park and Jaejoon Woo

30: Asian Regionalism and Its Effects on Trade in the 1980s and 1990s

Ramon L. Clarete, Christopher Edmonds and Jessica Seddon Wallack

29: How Can Cambodia, Lao PDR, Myanmar, and Viet Nam Cope with Revenue Lost Due to AFTA Tariff Reductions?

Kanokpan Lao-Araya

28: Regional Cooperation in Asia: Long-term Progress, Recent Retrogression, and the Way Forward

Ramgopal Agarwala and Brahm Prakash

27: Digital Divide: Determinants and Policies with Special Reference to Asia

M. G. Quibria, Shamsun N. Ahmed, Ted Tschang and Mari-Len Reyes-Macasaquit

26: Causes of the 1997 Asian Financial Crisis: What Can an Early Warning System Model Tell Us?

Juzhong Zhuang and J. Malcolm Dowling

25: Revisiting Growth and Poverty Reduction in Indonesia: What Do Subnational Data Show?

Arsenio Balisacan, Ernesto M. Pernia and Abuzar Asra

24: Financial Opening under the WTO Agreement in Selected Asian Countries: Progress and Issues

Yun-Hwan Kim

23: Promoting Effective Schooling through Education Decentralization in Bangladesh, Indonesia, and Philippines

Jere Behrman, Anil B. Deolalikar and Lee-Ying Soon

22: Conceptual Issues in the Role of Education Decentralization

Jere Behrman, Anil B. Deolalikar and Lee-Ying Soon

21: The Doha Agenda and Development: A View from the Uruguay Round

J. Michael Finger

20: Modernization and Son Preference in People's Republic of China

Robin Burgess and Juzhong Zhuang

19: Why are Some Countries Richer than Others? A Reassessment of Mankiw-Romer-Weil's Test of the Neoclassical Growth Model

Jesus Felipe and John McCombie

18: Poverty and Patterns of Growth

Rana Hasan and M. G. Quibria

17: Effect of Decentralization Strategy on Macroeconomic Stability in Thailand

Kanokpan Lao-Araya

16: The Role of Infrastructure in Land-use Dynamics and Rice Production in Viet Nam

Christopher Edmonds

15: A Framework for Establishing Priorities in a Country Poverty Reduction Strategy

Ron Duncan and Stephen Pollard

14: Toward A Political Economy Approach to Policy-based Lending

George Abonyi

13: Monetary Cooperation in East Asia: A Survey

Raul Fabella

12: Costs and Benefits of a Common Currency for ASEAN

Srinivasa Madhur

11: The European Social Model: Lessons for Developing Countries

Assar Lindbeck

10: Poverty Reduction and the Role of Institutions in Developing Asia

Anil B. Deolalikar, Alex B. Brillantes, Jr., Raghav Gaiha, Ernesto M. Pernia and Mary Racelis

9: Microfinance in Northeast Thailand: Who Benefits and How Much?

Brett Coleman

8: Poverty, Growth, and Inequality in Thailand

Anil B. Deolalikar

7: Probing Beneath Gross-National Averages: Poverty, Inequality, and Growth in the Philippines

Arsenio Balisacan and Ernesto M. Pernia

6: Monetary and Financial Cooperation in East Asia: The Chiang Mai Initiative and Beyond

Pradumna B. Rana

5: The International Competitiveness of Asian Economies in the Apparel Commodity Chain

Gary Gereffi

4: International Competitiveness of Asian Firms: An Analytical Framework

Rajiv Kumar and Doren Chadee

3: The Automotive Supply Chain: Global Trends and Asian Perspectives

Francisco Veloso and Rajiv Kumar

2: Policy-based Lending and Poverty Reduction: An Overview of Processes, Assessment, and Options

Richard Bolt and Manabu Fujimura

1: Capitalizing on Globalization

Barry Eichengreen