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 present report draws on experience from industrialized and developing countries in terms of capital market financing of domestic infrastructure projects, and discusses the applicaiblity of these lessons in the Chinese context. It also describes the strategies these economies have adopted to...

This study uses the Viet Nam Living Standards Survey of 1992-93 to examine the association between household living standards and the level of access to various infrastructural services.

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....

The transformation of Central and Eastern European agriculture started almost a decade ago. Looking back, it can be seen that the countries concerned made the right choice in setting their overall goals and policies for transition to a market economy, but the social costs have been high. Under...

This report summarizes the findings and recommendations of a three-year study on greenhouse gas (GHG) emissions and options for abatement in China over the coming decades.

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...

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...