Because trucks in Bangladesh and India are not allowed to operate across the border, cargo is transloaded at the border, and Indian trucks traveling between northeast India and the rest of India must go around Bangladesh through the Siliguri Corridor, which significantly increases transport and...

Fast and shared growth in East Asia was ascribed to strong states and their peculiar institutional arrangements, free-market policies, and Asian values, respectively. This paper provides a critical overview of these rival accounts explaining the miracle and on post-crisis retrenchement. As...

In this paper, a comparison is made of the level of economic development between South Asia and East Asia, and the East Asian Development Model (EADM) is analysed as well as empirically examined. Several development indicators reveal that South Asia in general is far behind East Asian countries...

In the past few decades, several developing economies, particularly in East Asia and parts of Latin America, have successfully transformed their economies and acknowledged as newly industrialised economies. The new industrialisers have also emerged as key players in the global economy breaking...

The financial maladies that have afflicted East Asian nations recently have left many policymakers feeling ill at ease. But is there true cause for concern?

In recent years there has been a resurgence of interest in the impact of institutions on economic growth and development. Governance, both at the economy-wide and firm-specific level, has emerged as one of the central aspects of institutional structure and design. The paper argues that the...

This report analyses the link between the industrial allocation of FDI and economic development, using a newly constructed data set on industrial FDI stocks for six individual manufacturing industries (food, textiles/wood, petroleum/chemicals/rubber/plastics, metals/mechanical products,...