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Improving service delivery through decentralization : a challenge for Asia

Brosio, Giorgio - 2014

This paper assesses how decentralization can contribute, if proper political and fiscal institutions are present, to … improving service delivery in Asia. In other words, decentralization is an opportunity and a challenge at the same time. The … issues leading to "partial decentralization" that is common to most models. Consideration is also given to the emerging …

Persistent link: https://www.econbiz.de/10010336939

A new index of globalization : measuring impacts of integration on economic growth and income inequality

Huh, Hyeon-seung; Park, Cyn-Young - 2019

The purpose of this study is twofold. The first is to develop a new composite index of globalization based on data on 158 economies over the period 2006−2014. The second intention is to use the new index to evaluate empirically the possible effects of globalization on economic growth and...

Persistent link: https://www.econbiz.de/10012030661

Interrelation between growth and inequality

Kang, Jong Woo - 2015

Inclusive growth should ensure "broad-based" economic growth which characterizes the pattern of growth. Beyond simple association identification implied by the Kuznets curve and cross-country panel regression analyses, this study attempts to shed light on the dynamic causality relationship and...

Persistent link: https://www.econbiz.de/10011317824

Closing development gaps : challenges and policy options

Brooks, Douglas Howard (contributor) - 2010

There are significant income and nonincome development gaps around the world. Closing these gaps will require not only increasing and sustaining economic growth in low-income regions, but also policies that close nonincome development gaps directly. Governments need to support private investment...

Persistent link: https://www.econbiz.de/10008658813

Remittances in Asia : implications for the fight against poverty and the pursuit of economic growth

Vargas-Silva, Carlos - 2009

This study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries using data for more than 20 countries in the region for 1988-2007. The results indicate that remittances positively affect home country real gross domestic product (GDP) per...

Persistent link: https://www.econbiz.de/10003913752

Human capital spending, inequality, and growth in middle-income Asia

Abrigo, Michael Ralph M.; Lee, Sang-hyop; Park, Donghyun - 2017

Asia's rapid population aging fortifies the case for strengthening human capital investments. Further, the experience of the newly industrialized economies suggests that human capital investments will be a vital ingredient of the transition from middle income to high income. Those investments...

Persistent link: https://www.econbiz.de/10011756551

Understanding recent trends in income inequality in the People's Republic of China

Zhuang, Juzhong; Li, Shi - 2016

This paper examines underlying factors that could explain the decline in income inequality in the People's Republic of China (PRC) since 2008 and inquires whether the decline indicates that the PRC's income inequality has peaked following the Kuznets hypothesis. The paper first identifies four...

Persistent link: https://www.econbiz.de/10011579053

Economic growth, financial development, and income inequality

Park, Donghyun; Shin, Kwanho - 2015

The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...

Persistent link: https://www.econbiz.de/10011305273

Development imperatives for the Asian century

Petri, Peter A.; Thomas, Vinod - 2013

Evidence-based economic policies - pragmatic policies that work - played a major role in Asia's success in raising its living standards in the last half century. However, growth prospects are now threatened by rising income inequality and environmental degradation if Asia continues on its...

Persistent link: https://www.econbiz.de/10009781158

Myanmar : unlocking the potential ; a strategy for high, sustained, and inclusive growth

Findlay, Ronald; Park, Cyn-Young; Verbiest, Jean-Pierre A. - 2015

Recognizing the need to formulate policy strategies for the changes it faces, Myanmar started a multifaceted reform process in 2011. But speeding up development requires a multipronged but more coherent strategy targeted at strong and resilient growth, employment generation and, ultimately,...

Persistent link: https://www.econbiz.de/10011305293

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