The developing economies of Asia are confronted by serious environmental problems that threaten to undermine future growth, food security, and regional stability. This study considers four major environmental challenges that policymakers across developing Asia will need to address towards...

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve : how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...

Development of a vibrant and competitive services sector is a key characteristic of modern economies. In the developed world, services frequently account for two-thirds or three-quarters of all economic activity. The transition from agriculture through manufacturing to a services...

Developing Asia is the driver of today’s emissions intensive global economy. As the principle source of future emissions, the region is critical to the task of global climate change mitigation. Reflecting this global reality and a range of related domestic issues, the governments of...

This paper examines several indicators of effective development aid, focusing on the contributions of major bilateral donors. The empirical analyses of selectivity for effective aid delivery revealed that, taking a long-term and regional perspective, some major donors including Japan have...

Over the last year we have been commemorating the 40th year of Bangladesh’s independence. In these 40 years Bangladesh has registered many gains for which we should feel proud. We have established a globally competitive garment industry moved ahead of India in particular areas of human...

Macroeconomic management in FY2009-10 had to confront and address the twin tasks of reviving the investment which had slowed down the GDP growth performance in the recent past, and responding to the lagged impact of the global financial crisis with its demonstrated adverse consequences for...

Price hike of essential commodities has been one of the major challenges facing the incumbent Caretaker Government (CTG) of Bangladesh. Figure 1.1 evince that the economy has been experiencing a creeping inflation over the recent past. Two most distinctive features of this inflationary trend had...

Positive Economic Developments (i) Improvements in Income Tax Collection (ii) Sustained Manufacturing Growth (iii)Impressive Disbursement of Term Loan (iv)Robust Export Growth (v) Rejuvenated Capital Market (vi)Buoyant Remittance Flow (vii)Improving Port Situation (viii)More Competition in...

Sustainable poverty reduction requires employment generating economic growth with an emphasis on the development of human capital to empower the poor to participate in the growth process. Mobilising resources for poverty reduction programmes may not bring expected results unless policymaking and...