Although LEEs are meant to be self-sustaining, if not revenue-generating units, many of them actually incur losses on a continuing basis. Current practice in many LGUs does not engender a clear appreciation of the true cost of the local economic enterprise. COA has documented many cases where...

Many rural poor people in developing countries depend on agriculture and are highly influenced by climatic change. Hence, sustainable livelihood approaches are used at both policy and project level to initiate new poverty reduction activities and modify existing activities to improve livelihood...

Many rural poor people in developing countries depend on agriculture and are highly influenced by climatic change. Hence, sustainable livelihood approaches are used at both policy and project level to initiate new poverty reduction activities and modify existing activities to improve livelihood...

The lure of big benefits from successful conclusion of the multilateral negotiations and the risks of bilateral and regional routes if these negotiations fail should not be taken by the developing countries as determining factors in their moves in the current WTO Doha negotiations. Working...

Developing countries have been characterized as having played an essentially defensive role in the GATT, unwilling to make tariff concessions, and have focused almost exclusively on securing Special and Differential Treatment concessions. These three perspectives have become part of the...

APECs vision of integrating the APEC has remained, for the most part, intangible. Cultural differences, socio-economic disparity and lack of a defined structure and leadership have been cited by many as major obstacles. Lately, there has been a proliferation of regional groups in Asia, creating...

This paper analyses monetary policy transparency of the central bank (SBP) using the Eijffinger and Geraats (2006) index. The results show that the SBP scores 4.5 out of 15, which is lower than any of the central banks score in Eijffinger and Geraats (2006). The SBP is completely opaque on the...

Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variables in developing countries. We analyze a simple open economy model where increased foreign...

The industrial transformation of Asia is a development on a scale unprecedented in human history. Following the industrial revolution towards the end of the eighteenth century, Europe and North America each in turn came to dominate the world economy and global power. Now economic weight is...