Two Decades of Rising Inequality and Declining Poverty in the Lao People’s Democratic Republic
Available data show that the distribution of private household expenditures has become more unequal in the Lao People’s Democratic Republic, though absolute poverty incidence has halved.
Cambodia’s Special Economic Zones
By showing that manufacturing investment can be successful, the development of special economic zones in Cambodia may indirectly promote foreign direct investment outside the zones.
Realizing an ASEAN Economic Community: Progress and Remaining Challenges
The Association of Southeast Asian Nations (ASEAN) has evolved to embrace an ambitious economic agenda, and its latest project is to establish the ASEAN Economic Community by 31 December 2015.
ASEAN Commercial Policy: A Rare Case of Outward-Looking Regional Integration
For a region characterized by great diversity and a history of conflict, ASEAN has played a role in delivering relative peace and stability in the region, which in turn facilitated rapid economic development.
Trade Policy Challenges in a Small, Open, Fragile, Postconflict Economy: Cambodia
Cambodia is arguably the fastest-growing postconflict economy in recent history underpinned by open trade and investment policies in the context of dynamic neighborhood growth effects.
From Spaghetti Bowl to Jigsaw Puzzle? Addressing the Disarray in the World Trade System
The rise of mega-regionals suggests that the world trade system is fragmenting to the point it appears more like a jigsaw puzzle than a spaghetti bowl.
The ASEAN Economic Community: A Work in Progress
Is the vision of an ASEAN Economic Community achievable by 2015? What are the obstacles along the way, and what is needed to accomplish this goal?
Impact of Eurozone Financial Shocks on Southeast Asian Economies
How will Southeast Asian economies be affected by a further deterioration in conditions in the eurozone? This paper finds that although the direct impacts will be muted, it could trigger a larger adjustment should it lead to a reassessment of risks and asset valuations. This possibility is heightened by increased vulnerability following massive inflows of capital, which can quickly reverse, and build-up of debt. Therefore, regional financial safety nets need to be strengthened urgently to deal with this possibility.
How Expansion of Public Services Affects the Poor: Benefit Incidence Analysis for the Lao People's Democratic Republic
This paper tests whether the marginal benefits from expanding public education and health services in the Lao People’s Democratic Republic are more pro-poor than the average incidence suggests.
Are Government-Linked Corporations Crowding out Private Investment in Malaysia?
This paper presents evidence of the negative impact government-linked corporations have on private investment in Malaysia due to their dominance over private firms in various sectors.