Agricultural trade barriers remain prevalent among developing countries. Three important questions arise from this fact. First, is there any justifiable reason for agricultural protection in developing countries? Second, what are the effects of farm trade liberalization that might result from...

Unemployment and underemployment are the most pressing problems in Asia today, which is reflected in the widespread underutilization rate of about 29% of the total labor force. In addition to the fact that most of the labor force in developing countries cannot afford to be completely unemployed,...

Sovereign wealth funds (SWFs) are emerging as developing Asia's main policy tool for handling the region's excess foreign exchange reserves. SWFs represent a strategic shift of excess reserves from low-risk, low-return investments to high-risk, high-return investments, and are subject to a wide...