Ifzal Ali

Economic Research and Regional Cooperation Department (ERCD)


  • | Papers and Briefs | Economics Working Papers

    Inclusive Growth toward a Prosperous Asia: Policy Implications

    This paper examines policy implications of adopting inclusive growth as the overarching goal for developing Asia.

  • | Papers and Briefs | Economics Working Papers

    Defining and Measuring Inclusive Growth: Application to the Philippines

    This paper defines what inclusive growth is and proposes a new methodology to capture inclusive growth. It applies the proposed methodology to the Philippines using its micro household survey, the Annual Poverty Indicator Survey.

  • | Papers and Briefs | ERD Policy Briefs

    Pro-poor to Inclusive Growth: Asian Prescriptions

    Inclusive growth is now at the heart of mainstream development economics. This paper explains why developing Asia needs to move its development focus from poverty reduction to inclusive growth. This policy brief examines the implications of such a shift for public policy.

  • | Papers and Briefs | ERD Policy Briefs

    The Primacy of Reforms in the Emergence of People's Republic of China and India

    The People's Republic of China (PRC) has achieved impressive economic growth over the past two decades. In recent years, India has also shown promising signs of economic acceleration. Despite this, both countries still remain poor. A critical question that continues to face them is whether they can sustain strong economic growth. This brief aims to shed light on this question by comparing and contrasting their economic performance and policies.

  • | Papers and Briefs | ERD Policy Briefs

    Inclusive Growth for Sustainable Poverty Reduction in Developing Asia: The Enabling Role of Infrastructure Development

    Sustaining and accelerating the course of poverty reduction requires stepping up efforts for inclusive growth. Past experience in developing Asia demonstrates the critical significance of inclusive growth for poverty reduction. By improving the access of the poor to markets, increasing productivity and creating further opportunities for employment, inclusive growth mainstreams the poor to actively participate in the growth process, thereby contributing to raising their standards of living.

  • | Papers and Briefs | ERD Policy Briefs

    Reviving Asian Economic Growth Requires Further Reforms

    With a time horizon that is medium to long-term, this brief provides broad directions for policy and institutional reforms that would help revive growth in the ADEs. Given the pronounced diversity of the ADEs, specific directions are called for in each economy. However, it is not possible to address all the specificities here. The brief identifies emerging domestic constraints, examines the challenges and opportunities resulting from globalization, sketches a broad reform agenda and concludes with a sequencing of the reforms in the different subregions.

  • | Papers and Briefs | ERD Policy Briefs

    Infrastructure and Poverty Reduction - What is the Connection?

    Rural infrastructure investments can lead to higher farm and nonfarm productivity, employment and income opportunities, and increased availability of wage goods, thereby reducing poverty by raising mean income and consumption.

  • | Papers and Briefs | Economic Staff Papers

    Economic Analysis of Investment in Power Systems

    Power systems consist of integrated networks of generation, main transmission and local distribution components. The intra and intertemporal dependence of these components make it desirable to take a systems approach to investment planning which should aim at maximization of net benefits. The process of maximization of net benefits for the power system as a whole can be viewed as consisting of four modules.

  • | Papers and Briefs | EDRC Reports

    Issues in Assessing the Impact of Project and Sector Adjustment Lending

    The paper deals with some conceptual and analytical issues in the area of international development financing. The major lending modalities of the multilateral financial institutions (MFIs) include project and adjustment lending. While project lending could be viewed as the modality for augmenting investing, the role of adjustment lending would be to facilitate adjustment of policies and institutions in developing countries.

  • | Papers and Briefs | EDRC Reports

    Interrelationship between Shadow Prices, Project Investment and Policy Reforms: An Analytical Framework

    Augmenting capital accumulation was considered to be the central challenge for achieving growth in the developing countries in the 1960s and 1970s. Project investment constituted the cutting edge of development. To facilitate rational decision making for public sector investment, a vast literature on project evaluation emerged. Shadow prices defined as the ultimate effect on society's welfare resulting from a change in the net supply of an input or output featured prominently in this literature.