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.
Sushanta Mallick
Economic Research and Regional Cooperation Department (ERCD)
Author
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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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Effectiveness of Countercyclical Fiscal Policy: Time-Series Evidence from Developing Asia
Using historical data from 10 developing Asian countries, this paper finds evidence suggesting tax cuts are more effective countercyclical policy instruments than government spending.