The geography of poverty has changed. More than 70 percent of the world’s poor live not in low-income countries, but in middle-income countries. In 2008, nearly 570 million people lived on less than US$1.25...
How did the East Asian miracle turn into one of the worst financial crisis of the century? The authors address the question using Malaysia as a case study. Many discussions of the East Asian crisis address...
The debt burden facing a number of low-income countries has received considerable international attention. The international development community has begun to recognize that options aimed at providing...
The main objective of trade reform is to make markets more competitive and, by introducing competition among previously protected domestic firms, to change the behavior and performance of firms. Efficiency...