This paper provides a comprehensive overview of the issues, policies, and political economy of infrastructure investment, and a review of empirical literature of the relationship between growth and infrastructure. Empirical estimations using the growth accounting framework for a panel of 123...

The centre of global economic activity is shifting rapidly towards Asia, driven by a combination of the economic dynamism of China, India and other middle-income Asian countries, and sluggish growth in the OECD economies. The rapid growth and rising global prominence has raised a range of major...

We analyze the relationship between food security and trade by computing a bilateral import penetration index (BIPI), which gauges the degree to which a country depends on another or a small set of others for food imports. Food trade maps are then drawn by application of a force-directed...

The paper discusses key challenges faced throughout the Asia and the Pacific region as a number of its developing economies graduate from low-income status to middle-income status at the same time as the region remains home to the majority of the world's poor people and a number of fragile...

We investigate Asia's recent experience in international capital allocation through flows of foreign direct investment. A calibrated general equilibrium model with a new capital flow modelling component is applied to highlight underlying relationships between a Heckscher-Ohlin (labor and...

This presentation discusses topics of trade dynamics within developing Asia. It begins describing the context of Asian trade, particularly, intraregional trade and production fragmentation. Then, it covers what, and how large, are trade costs, and finally it addresses infrastructure's role in...

The primary objectives of this presentation are to compare and contrast the experiences of China and India in financing infrastructure investment; quantify the macroeconomic impacts of public infrastructure investment; and focus on the different modes of financing. It was presented at the Third...

The sharp decline in trade volume and value during the current economic crisis has contributed to lower transportation costs and reduced waiting times at border crossings, reducing the urgency of progress on trade facilitation. Meanwhile, greater trade is expected to play a key role in recovery,...