fbpx Butiong, Ronald Antonio | Asian Development Bank

Butiong, Ronald Antonio

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  • 01 Apr 1994 | Reports

    Results show that there is strong evidence that purchasing power parity holds as a long-run constraint in countries at a lower stage of economic developments and characterized by underdeveloped capital market.

  • 01 Jul 1993 | Papers and Briefs

    Negotiations for a three-year (1992/93-1994/85) economic program of structural adjustment under an Enhanced Structural Adjustment Facility has been concluded recently by Nepal with the International Monetary Fund. Using a small structural macroeconomic model of Nepal, the paper shows that slippages in the government's fiscal program, specifically shortfall in revenue targets, imply detrimental effects on the economy in the form of lower growth and/or higher inflation and external imbalances.


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