This study seeks to discern whether the current distribution of income determines the evolution of future income distribution and economic growth through fiscal policy. Fiscal policy consists of transfer payments or an income tax. Fiscal policy is determined by the level of development,...

This paper outlines an expanded and more challenging role for multilateral development banks (MDBs) in the provision of longer term development finance. The traditional role has to be further refocused and expanded to cover mobilization of private sector resources, both external and internal.

The 1990s pose a radical new challenges for the governance of Asia's developping countries and the transport policies they pursue. The Philippine Transport Strategy Study (PTSS) is an innovative approach to addressing this new complex of issues in a rigorous and practical way. The focus of this...