Results 1-6 of 6
The Pillars of Potential Growth and the Role of Policy: A Panel Data Approach
(Asian Development Bank, 2016-05-30)
Potential output growth generally decelerated after the global financial crisis during 2008–2009. This paper examines the possible determinants of potential output growth using Bayesian Model Averaging and assesses how the determinants can be used to ...
Why Has the Philippines’ Growth Performance Improved? From Disappointment to Promising Success
(Asian Development Bank, 2018-04-15)
This paper analyzes why the Philippines’ growth performance has improved significantly in recent years. As in the medium to long term actual growth adjusts to potential, we posit that the reason behind this improvement is that the country’s potential ...
Tracking the Middle-Income Trap: What is It, Who is in It, and Why? (Part 1)
(Asian Development Bank, 2012-03-01)
"This paper provides a working definition of what the middle-income trap is. It classifies 124 countries that have consistent data for 1950–2010. First, the paper defines four income groups of gross domestic product per capita in 1990 purchasing power ...
An Analysis of the Philippine Business Process Outsourcing Industry
(Asian Development Bank, 2007-03-01)
"Nedelyn Magtibay-Ramos, Gemma Estrada, and Jesus Felipe provide an analysis of the business process outsourcing (BPO) industry in the Philippines. The paper provides a profile of the BPO sector; makes comparisons with other large BPO providers; and ...
The Debate about the Sources of Growth in East Asia after a Quarter of a Century: much ado about nothing
(Asian Development Bank, 2017-05-30)
We revisit the lively debate about the sources of growth in East Asia of the 1990s, generated by the wellknown papers by Alwyn Young and Paul Krugman. We show that the methodologies used to apportion growth were problematic, with the consequence that ...
Sectoral Engines of Growth in Developing Asia: Stylized Facts and Implications
(Asian Development Bank, 2007-11-01)
This paper provides an analysis of developing Asia’s growth experience from the point of view of its structural transformation during the last three decades. The most salient feature of this transformation has been the significant decrease in the share ...