This paper provides a critical review of aid effectiveness in Bangladesh. Focusing on the contributions of major donors, the paper uses a triangulation approach to assess aid effectiveness, based on the evaluations of donors and recipients. This approach was motivated by the deficiencies of the...

Rapid growth in a number of East Asian economies over the last three decades has been facilitated by an effective strategy of human resource development. The principal element of this strategy has been to provide basic education and health to a wider segment of society. This strategy helped...

This essay explores the relationship between political regime and critical economic outcomes such as economic growth and poverty reduction. The organization of the paper is as follows. Section 2 makes a brief review of the economic performance of developing Asian economies over the last four...

This expository note provides a critical review of the burgeoning literature on social capital and highlights a number of conceptual and empirical issues. First, the concept of social capital remains largely elusive, with many different ideas attached to it. This elusiveness has serious...

This paper provides an extensive review of growth, inequality and poverty reduction in the East Asian miracle economies. This review suggests that the basic impetus for poverty reduction was robust economic growth, which was fostered by a conducive policy and institutional framework. This...

One of the persistent, unresolved controversies of economic development is the effectiveness of development assistance —whether foreign aid contributes to economic development. This article argues that this controversy is largely an artifact of a methodology that focuses on the “averages”...

Recent years have seen the emergence of a considerable volume of literature on governance and its role in economic and social development of a country. This paper provides a critical review of the literature. This review brings into the open a number of serious conceptual, measurement, and data...

Recent years have seen the emergence of a considerable volume of literature on governance and its role in economic and social development of a country. This paper provides a critical review of the literature. This review brings into the open a number of serious conceptual, measurement, and data...

This paper explores the relationship between microcredit and poverty reduction. To investigate this question, we posit a bare-bone, household model that outlines the economic environment within which various types of family microenterprises operate. It hi