This paper applies two distinct approaches—growth regressions and growth accounting—to analyze the link between infrastructure, growth, and productivity in developing Asian countries. The main conclusion is that a number of countries in developing Asia have significantly improved their basic...

This paper applies two distinct approaches - growth regressions and growth accounting - to analyze the link between infrastructure, growth, and productivity in developing Asian countries. The main conclusion is that a number of countries in developing Asia have significantly improved their basic...

This paper empirically investigates if there have been any shift in regime with Asian holdings of long-term United States (US) Treasury securities, with particular attention paid to the role of growing regional integration in trade. A panel regression estimation of eight Asian countries for...

From 1994 to 2006, the average household saving rate in the Philippines declined by 5.2 percentage points to about a mere 5% of disposable income. Using data from income and expenditure survey at the household level, this paper explains why households' consumption growth had been higher than...

This paper seeks to outline issues arising from rapid foreign exchange reserve accumulations in Asia. Greater attention is paid to People's Republic of China and India for the significance of the accumulation fed by surges in capital inflows. The paper finds that sterilization interventions by...