The ADB Economics Working Paper Series is a forum for stimulating discussion and eliciting feedback on ongoing and recently completed research and policy studies undertaken by the Asian Development Bank (ADB) staff, consultants, or resource persons. The series deals with key economic and development problems, particularly those facing the Asia and Pacific region; as well as conceptual, analytical, or methodological issues relating to project/program economic analysis, and statistical data and measurement. The series aims to enhance the knowledge on Asia's development and policy challenges; strengthen analytical rigor and quality of ADB's country partnership strategies, and its subregional and country operations; and improve the quality and availability of statistical data and development indicators for monitoring development effectiveness.
Fiscal Resources for Inclusive Growth
To expand relatively low fiscal resource bases, developing Asian economies need to pay greater attention to non-tax revenue and to taxes other than broad-based taxes on income and consumption, such as property taxes and corrective taxes.
Are Current Tax and Spending Regimes Sustainable in Developing Asia?
Changes in population age structure matter for public finances because the beneficiaries of public programs are primarily children and the elderly. This study projects government spending on education, health care, and social protection in developing Asia up to 2050 as a result of demographic changes and economic growth.
Government Spending and Inclusive Growth in Developing Asia
Compared with revenue policies, spending programs are more likely to have direct effects on specific groups. It would be meaningful to discuss whether and/or how government expenditures contribute to economic growth while alleviating income inequality and maintaining social cohesion.
Fiscal Policy and Growth in Developing Asia
In developing Asia, as in the rest of the world, fiscal policy can influence both short- and long-term growth. Governments must pay attention to the mix of both their revenues and expenditures in order to maximize the contribution of fiscal policy to growth.
New Evidence on the Gender Wage Gap in Indonesia
Indonesia has been experiencing impressive economic growth. However, urbanization could affect income inequality among workers. This paper proposes the implementation of laws to equalize opportunities and wages among workers, especially in the public sector.
Fiscal Policy and Inclusive Growth in Latin America: Lessons for Asia
Latin America’s experience with inclusive fiscal policy, in particular with conditional cash transfer (CCT) programs, can offer valuable lessons for developing Asia and the Pacific in its new-found quest to leverage public spending and taxation to spread the benefits of growth to the broader population.