Asian Development Review - Volume 22, Number 2

Publication | December 2005

This edition discusses issues on Asia's foreign exchange reserves, exchange regimes, and monetary policy; and looks at both export-led and domestic demand-led growth policies to achieve a more balanced growth strategy.

This issue also examines the central role of trade in regional growth by providing analysis of the impacts of a variety of hypothetical regional and global trade agreements; and reviews the methodology for measuring efficiency of macro systems in attaining Millennium Development Goals using the health and education sectors as examples.

About the Asian Development Review

The Asian Development Review is a professional journal for disseminating the results of economic and development research carried out by ADB staff and resource persons. The Review stresses policy and operational relevance of development issues rather than the technical aspects of economics and other social sciences. Articles are intended for readership among economists and social scientists in government, private sector, academia, and international organizations.


  • Foreign Exchange Reserves, Exchange Rate Regimes, and Monetary Policy: Issues in Asia - Akiko Terada-Hagiwara
  • Export or Domestic-led Growth in Asia? - Jesus Felipe and Joseph Anthony Lim
  • Growth and Trade Horizons for Asia: Long-term Forecasts for Regional Integration - David Roland-Holst, Jean-Pierre Verbiest, and Fan Zhai
  • Measuring Efficiency of Macro Systems: An Application to Millennium Development Goal Attainment - Ajay Tandon

Additional Details

  • Finance sector development
  • Industry and trade
  • Poverty
  • Regional cooperation and integration
  • 134
  • 121205
  • 0116-1105 (Print)

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