"Assesses a new 'tournament' approach promising improvement on the performance of conventional foreign aid methods, where beneficiary groups compete to achieve the best implementation of a particular project. Evaluates performances, sustainability, time frames, and costs of recent applications....

Examines Asia's emerging markets, which survived the financial debacle of 2008-09 with only modest declines in growth; discusses activities that could dampen continuing development in these markets including inflation, surging capital inflows, asset and credit bubbles, and rapid currency...