ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Seok-Kyun Hur
Economic Research and Regional Cooperation Department (ERCD)
Author
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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 how government expenditures contribute to economic growth while alleviating income inequality.
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Fiscal Policy and Crowding Out in Developing Asia
This paper examines the effect of expansionary fiscal policy on private investment and consumption in developing Asia. It fails to find any clear evidence that fiscal policy crowds out private demand in the region.
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Did Fiscal Stimulus Lift Developing Asia out of the Global Crisis? A Preliminary Empirical Investigation
This paper examines the effectiveness of developing Asia’s fiscal stimulus in limiting the negative impact of the global financial crisis on the region’s output.