This report, consisting of three parts, is the result of Phase 2 studies of the ASEAN+3 Bond Market Forum Sub-Forum 2 and enhances the findings of Phase 1. Part 1 provides an overview of ASEAN+3 bond markets and their infrastructure. Part 2 reports on the bond market-related issues of economies in the region. Part 3 contains diagrams of ASEAN+3 bond market infrastructures, domestic bond transaction flows, and cross-border bond transaction flows. ...
A crucial issue that confronts development in South Asia is how to build a better life for people displaced by infrastructure development projects. This book comprises recent displacement and resettlement case studies conducted by eight anthropologists in South Asia. Each contributor wrote around the key theme of the book: Is involuntary resettlement a development opportunity for those displaced by development interventions? In this book, «reset ...
The book provides an overview of the economic, political, and social environment in Nepal and the challenges confronting the country in eliciting its economic growth potential. The book provides an insightful framework of an inclusive development strategy in the context of symbiotic relationships between urban and rural areas as well as among the three eco-belts, i.e.,tarai, hills, and mountain areas. Against this backdrop, the strategy calls fo ...
This collection of studies on the political economy of Pacific island countries was authored by writers from various disciplinary backgrounds. Their research confirms the results of political economy studies of economic reform in developing countries from elsewhere around the world and shines new light on the kinds of obstacles that have to be overcome for economic reform to be successful in the Pacific. This publication presents many valuable l ...
Over the last several years, Vanuatu has become one of the fastest growing economies in the Pacific region driven primarily by tourism, construction, and aid inflows. The achievement of strong economic growth has also occurred on the back of improved economic policy, effective fiscal management, and improved environment for private sector development. While recent gains have been impressive, more remains to be done to sustain growth and ensure t ...
This report discusses key policy challenges that need to be addressed if the Philippines were to embark on sustainable and inclusive growth. We take the view that the main reason behind the Philippines' lagging growth and development outcomes in the regional context lies in a sluggish transformation of the economy–in particular, stagnant industrialization. Chronic problems of unemployment, poverty, and low investment are reflections of weak ...
This study examines progress in rural and microfinance in Cambodia, the Lao People's Democratic Republic, and Viet Nam over the past decade, in comparison with industry standards set by international best practices. The study focuses on the policy environment, including regulatory norms and their implementation, as well as support provided to financial infrastructure, and the impact of this environment on the development and performance of ...
Since its inception in 1966, the Asian Development Bank (ADB) has been involved in the development of Mindanao, which accounts for a large slice of ADB operations in the Philippines. As of May 2010, ADB had approved 192 public sector/sovereign loans to the Philippines totaling $11.3 billion. Out of the 184 completed loans, 36 ($815.0 million) were exclusive to Mindanao while 30 ($1.2 billion) had national coverage but with subprojects in Mindana ...
This publication tells the story of independent evaluation in the Asian Development Bank (ADB)–from its early years to the expansion of activities under a broader mandate–points up the application of knowledge management to sense-making, and brings to light the contribution that knowledge audits can make to organizational learning. It identifies the 10 challenges that ADB must overcome to develop as a learning organization and specifies practica ...
