Asian Development Review Series

This issue discusses planners versus searchers in foreign aid, where planners use past models such as financing gap and poverty trap. Searchers, on the other, explore solutions by trial and error and get feedback on the ones that work.

With the failure of the Washington Consensus, this issue discusses development lessons for Asia from non-Asian countries. Another paper examines Asia’s current account surplus from the perspective of the savings–investment gap.

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 edition discusses issues at stake in the next World Trade Organization Ministerial Conference; poverty reduction strategies from Asia–Pacific countries; and quota-free trade in textiles and closing for ASEAN; among others.