The 21st century, as being said the world over, will belong to Asia. The regional economic cooperation in Asia is developing fast and well with the ASEAN as a center and with the positive participations of major Asian nations such as China, India and Japan. The cooperation has shown that the...

The progress of the cooperation and economic integration of the region has a big potentiality for further industrial and economic development of the whole Asian region in general. IT industries have big potentiality for the future economic development of each country in the region. IT sectors...

This study looked at the sustainability of the growth and development of business process outsourcing (BPO) in the Philippines. It was prompted by the sectors spectacular growth in several of its subsectors, mainly contact call centers, medical transcription, animation, and software development....

Professor Justin Yifu Lin presented his ideas on approaches to development and transition at a distinguished speaker seminar on 5 December 2007. The seminar explored the reasons underlying both the dynamic economic growth of some countriessuch as Japan, newly industrialized economies (NIEs) in...

Graft and corruption is considered to be one of the biggest threat to development. Several studies had shown the tremendous impact of corruption in the economy. For a number of developing countries, a huge portion of government resources are lost and wasted due to corrupt activities, further...

Numerous studies have tried to explain the poor growth performance of the Philippines. This paper critically reviews related literature on constraints to long-run growth, as it applies to the Philippines. We evaluate several factors, namely : culture; corruption; and institutions. The last offers...

Developed countries have made a concerted effort to change and dismantle UNCTAD over a period of nearly 15 years. It may take the developing countries many years to revive and reinvent the organization. But, UNCTAD must recover its voice and regain the support and respect of developing countries...

This paper studies the effect of financial repression and contract enforcement on en-trepreneurship and economic development. We construct and solve a general equilibrium model with heterogeneous agents, occupational choice and two financial frictions : intermediation costs and financial...

This paper reviews and highlights lessons from the stabilisation and reform programme that Thailand, Malaysia and Korea implemented in response to the 1997 crisis. The three countries rapid recovery from a deep economic downturn in 1998 and their reduced vulnerability to balance of payments...