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...

This paper examines the impact of remittances on economy and household welfare in Pakistan by using a general equilibrium framework and microeconometric analysis. The first approach is to highlight the macroeconomic and sectoral effects of a reduction in remittances, while the second is to show...

Poverty reduction in the Asia and the Pacific region in 2005-2008 had been quite significant. Despite the global crisis, an estimated 150 million people exited extreme poverty by 2008 - from 903.4 million in 2005 to 753.5 million, bringing the percentage of people living under the $1.25 per day...

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...