Most studies attempting to link macroeconomic trends—particularly growth—and poverty have used aggregate cross-country data and unsophisticated regression models with limited usefulness for policy analyses. They do not really explain the mechanisms through which growth, let alone...

To the extent that financial contagion from the United States and the euro area crisis has occurred in Asia, this paper focuses on the importance of strengthening the regional financial safety nets. By conjecturing that efforts to prevent and manage a crisis are the essence of providing such...

In contrast to the period prior to the 1997/98 Asian financial crisis, emerging East Asia today is a region with excess savings, particularly corporate savings. Beginning in the mid-2000s, liquidity was further amplified by massive capital flows, particularly bank-led flows, and subsequently by...

1. Introduction -- 2. Development and Dualism -- 3. Agglomeration, Institutions, and Social Capital: Main Concepts & Methodologies -- 4. Mitigating Dualism and Exploiting the Interplay of Policy-Social Capital -- 5. Summary.

Introduction / Iwan J. Azis -- Mitigating climate change / Iwan J. Azis -- Lessons and conclusions / Iwan J. Azis -- Financial crisis / Iwan J. Azis -- global imbalances / Iwan J. Azis -- Regional financial arrangement / Iwan J. Azis -- Oil price increase / Iwan J. Azis

Applying the Institutional Model of Decentralization, the paper argues that the presumption that local democracy will impose accountability pressure on elected officials does not always hold. Even in a democratic system like in Indonesia, decentralization policy is welfare-enhancing only for the...

To the extent that financial contagion from the United States and the euro area crisis has occurred in Asia, this paper focuses on the importance of strengthening the regional financial safety nets. By conjecturing that efforts to prevent and manage a crisis are the essence of providing...

To the extent that financial contagion from the United States and the euro area crisis has occurred in Asia, this paper focuses on the importance of strengthening the regional financial safety nets. By conjecturing that efforts to prevent and manage a crisis are the essence of providing...