This paper examines the complementary and competitive roles of the World Bank and the Asian Development Bank (ADB) in Asia given the backdrop of a changing world in which development priorities and challenges are changing rapidly and the rapid expansion of financial flows to developing...

This paper examines the complementary and competitive roles of the World Bank and the Asian Development Bank (ADB) in Asia given the backdrop of a changing world in which development priorities and challenges are changing rapidly and the rapid expansion of financial flows to developing...

Bangladesh g joined the LDC category in 1975 along with Central African Republic and Gambia. Starting with 25 countries, the current LDC list comprises of 49 countries : 33 in Africa, 13 in Asia Pacific & 1 in Latin America. Three eligible countries declined to be an LDC : Ghana, Papua New...

Bangladesh g joined the LDC category in 1975 along with Central African Republic and Gambia. Starting with 25 countries, the current LDC list comprises of 49 countries : 33 in Africa, 13 in Asia Pacific & 1 in Latin America. Three eligible countries declined to be an LDC : Ghana, Papua New...

The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...

The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...

We first develop a two-bloc model of an emerging open economy interacting with the rest of the world calibrated using Indian and US data. The model features a financial accelerator and is suitable for examining the effects of financial stress on the real economy. Three variants of the model are...