This study focuses on the process of technology catch-up and competitive advantage creation, drawing on the successful experiences of Japan, Korea, Singapore, Taiwan, and Hong Kong -- the newly industrialized countries (NICs). It shows how the NICs countries have exploited the opportunities made...

The alleviation of poverty has been the prime objective of small-scale targeted credit programs such as the Grameen Bank of Bangladesh. Based on household survey data, this paper concludes that these programs can play an important role in both lesing poverty and sustaining household welfare on a...

The purpose of government intervention in the wheat market in Pakistan is to ensure food security of consumers and to provide adequate and stable incomes for producers. The cost of this intervention is high and its impact on the performance of agriculture has been significantly negative. The...

Alternative institutions, most notably non-governmental organizations (NGOs), have evolved in many countries in response to the shortcomings of the state and the market in providing various social developments inputs and credit to the poor. The Bangladesh Rural Advancement Committee (BRAC) was...

The alleviation of poverty has been the prime objective of small-scale targeted credit programs such as the Grameen Bank of Bangladesh. Based on household survey data, this paper concludes that these programs can play an important role in both lesing poverty and sustaining household welfare on a...

Bangladesh spends only 2 percent of its GNP on education, compared to 3.2 percent in an average low-income country. Low investment in education results in low literacy (only 35 percent), which in turn results in low productivity, low incomes, poor health and, above all, high population growth....

This paper discusses key findings and policy proposals for modernizing Hungary's subnational government system the perspective of fiscal decentralization, local capacity building, and development of a competitive credit market. Hungary has been a pioneer in local government reform among...