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.
Cost Recoverable Tariffs to Increase Access to Basic Services among Poor Households
A contingent valuation survey from the Water Supply and Sanitation Project of the Asian Development Bank in Cebu, Philippines is used to show that tariff structures with a low one-time connection price and price differentiates based on wealth measures can result in a five-fold increase in the take-up of water services by poor households over the base tariff structure.
Complexity, Specialization, and Growth
The authors devise an endogenous growth model with human capital accumulation to assess the impact of production complexity on economic output and its rate of growth.
Capital Controls: A Pragmatic Proposal
Proposes a pragmatic approach to the use of capital controls, which leverages the Group of 20's (G20) indicative guidelines in measuring excessive imbalances to simplify the IMF’s guidelines on the use of capital controls.
Protestantism and Human Capital in Guatemala and the Republic of Korea
Protestant missions from the United States entered the Republic of Korea and Guatemala in the late 1900s. In the Republic of Korea they built schools and health centres, but in Guatemala they focused on eschatological urgency. As a result, these diverging approaches to exporting Christianity have had different long-term impacts on the two societies.