Cover -- Contents -- Highlights -- The economic setting -- Country updates -- Policy briefs Long-run growth forecasts for Asia: Opportunities and challenges for the Pacific economies -- Fiscal management challenges in Papua New Guinea and Timor-Leste -- Update on fiscal modeling efforts in the...

This paper examines two regions of the Russian Federation, Novgorod and Pskov, to compare how differences in economic policy affect economic development. Despite common histories, geography and natural resources, Novgorod committed early on to policies that would attract foreign investments in...

Malaysia's economic growth expanded strongly in first quarter (1Q) 2017. Gross domestic product (GDP) growth rate for 2017 is expected to accelerate to 4.9 percent, slightly above the government's current projection range of 4.3 to 4.8 percent. The current account surplus has declined (1Q 2017:...