We take stock of and compare tax revenue trends in Asia and Latin America. The tax revenues to GDP ratios increased …

adjustment to the postcrisis challenges. We point out that emerging Asia has converged to a middle ground of the trilemma … smoother adjustment of emerging Asia to the crisis, and was instrumental in inducing the rapid resumption of growth. The swings … challenges facing emerging Asia's adjustment during the global financial crisis, and the postcrisis policy stance dealing with …

change, such as demographic transition, can also impinge upon inequality. Structural change in developing Asia has been … economies entail valuable lessons for developing Asia. Extensive structural change is both a cause and consequence of the … exceptionally rapid economic growth, which enabled developing Asia to raise living standards and reduce poverty at a historically …

Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …

, reaching a sustained take-off in Latin-America is a harder task to accomplish than in Asia …