In support of the financial-accelerator theory, evidence is found on countercyclical price-cost banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[http://www.sbp.org.pk/publications/wpapers/2011/wp41.pdf].

China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is described as the Bretton Woods II framework, where developing countries buy bonds in the US and keep undervalued exchange rates, in order to foster export-led growth. The costs and...

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian economy, the estimated contributions of productivity gains to real GDP growth is...

Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh is the one that creates employment opportunities especially for the poor. In Bangladesh,...

This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies since the early 1990s. [Sixth Asian Economic Policy Review Conference, Tokyo].

This issue of Global Employment Trends for Youth provides an update on youth labour markets around the world, focusing both on the continuing labour market crisis and on structural issues in youth labour markets. The report provides an overview of youth labour markets at the global and regional...

The vital status of 12,373 people aged 65 years and over was determined 3–5 years after baseline survey in sites in Latin America, India, and China. Crude and standardised mortality rates are reported, standardized mortality ratios comparing mortality experience with that in the United...

Review of Vincent C. Peloso(ed) Work, Protest, and Identity in Twentieth-Century Latin America, Jaguar Books on Latin America Series. The book is obviously designed for those teaching courses on 20th century labour movements, providing both suggested readings and suggested films in the field,...

The Asia and Pacific region and Latin America and Caribbean region are two regions divided not only by vast geographic distance, but also by disparities in economics, politics, culture, and history. Most recently, a number of forums explored the possibility of closing such gaps and linking the...

The debate around retrenchment of pension systems became really popular in the 1990’s after the pioneering experience of Chile in 1981.The disastrous outcomes of the Chilean reform were widely known by the 2000’s although no relevant steps backwards were taken. This paper analyses...