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The Asian Development Outlook (ADO) provides growth and inflation forecasts for more than 40 economies in the region. This paper assesses the accuracy of those forecasts against actual outcomes for the years from 2008 to 2011. The World Economic Outlook (WEO) forecasts by the International...
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This is done in relation to the benchmark of World Economic Outlook (WEO) projections by the International Monetary Fund. Amid much heterogeneity across countries and years, it has been found that ADO and WEO projections overlap quite closely. Both are inaccurate, especially during crisis years,...
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policy. This paper reviews the current evidence regarding the impact of aid on growth and poverty reduction, and develops a …-Saharan Africa and the Pacific. The paper then turns to recent discussion of new and innovative sources of development finance and … concludes that aid broadly works, that poverty would be higher in the absence of aid, and that the shortfall in aid during the …
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