Viet Nam has experienced spectacular economic growth over the past decade, in part the result of massive foreign direct investment (FDI) inflows. Although much has been written on the impacts of FDI in developing countries, previous studies have generally ignored macroeconomic consequences in...

The paper argues that East Asian regionalism is fragile because (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" - in particular for intraregional trade; (ii) the unilateral tariff-cutting that created Factory Asia is not subject to WTO discipline...

Income growth in rural areas may be one of the greatest challenges to further poverty reduction and economic development. Using a new survey of rural Bhutanese households we investigate the short-term economic, social, and psychosocial benefits of a vocational skills training program that was...