Based in Manila, Asian Development Bank is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.Dante Canlas is the Enrique Virata Professor of Economics at the University of the Philippines and Editor of ‘The Philippine Review of Economics’. He is also the Chief Executive Officer for the Millennium Challenge Corporation's Philippine Program.Muhammad Ehsan Khan is a Senior Economist at ADB’s Economics and Research Department (ERD) and has served as a Project Economist in ADB’s Southeast Asia Department.Juzhong Zhuang is an Assistant Chief Economist at ADB’s Economics and Research Department (ERD).

'Recommended.' —J. S. Uppal, SUNY at Albany, 'Choice'

• Foreword; Preface; Abbreviations and Acronyms; Ch 1. Introduction; Part 1: Overview and Synthesis; Ch 2. Development Performance and Policy; Ch 3. Critical Constraints to Growth and Poverty Reduction; Part 2: Background Studies, Ch 4. Macroeconomic Management; Ch 5. Trade, Investments, and Domestic Production; Ch 6. Infrastructure; Ch 7. Human Capital; Ch 8. Equity and the Social Sector; Ch 9. Poverty Reduction: Trends, Determinants, and Policies; Ch 10. Governance, Institutions, and Political Economy; Index

Based in Manila, Asian Development Bank is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.Dante Canlas is the Enrique Virata Professor of Economics at the University of the Philippines and Editor of ‘The Philippine Review of Economics’. He is also the Chief Executive Officer for the Millennium Challenge Corporation's Philippine Program.Muhammad Ehsan Khan is a Senior Economist at ADB’s Economics and Research Department (ERD) and has served as a Project Economist in ADB’s Southeast Asia Department.Juzhong Zhuang is an Assistant Chief Economist at ADB’s Economics and Research Department (ERD).

'Recommended.' —J. S. Uppal, SUNY at Albany, 'Choice'

• Foreword; Preface; Abbreviations and Acronyms; Ch 1. Introduction; Part 1: Overview and Synthesis; Ch 2. Development Performance and Policy; Ch 3. Critical Constraints to Growth and Poverty Reduction; Part 2: Background Studies, Ch 4. Macroeconomic Management; Ch 5. Trade, Investments, and Domestic Production; Ch 6. Infrastructure; Ch 7. Human Capital; Ch 8. Equity and the Social Sector; Ch 9. Poverty Reduction: Trends, Determinants, and Policies; Ch 10. Governance, Institutions, and Political Economy; Index

Based in Manila, Asian Development Bank is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.Dante Canlas is the Enrique Virata Professor of Economics at the University of the Philippines and Editor of ‘The Philippine Review of Economics’. He is also the Chief Executive Officer for the Millennium Challenge Corporation's Philippine Program.Muhammad Ehsan Khan is a Senior Economist at ADB’s Economics and Research Department (ERD) and has served as a Project Economist in ADB’s Southeast Asia Department.Juzhong Zhuang is an Assistant Chief Economist at ADB’s Economics and Research Department (ERD).

'Recommended.' —J. S. Uppal, SUNY at Albany, 'Choice'

• Foreword; Preface; Abbreviations and Acronyms; Ch 1. Introduction; Part 1: Overview and Synthesis; Ch 2. Development Performance and Policy; Ch 3. Critical Constraints to Growth and Poverty Reduction; Part 2: Background Studies, Ch 4. Macroeconomic Management; Ch 5. Trade, Investments, and Domestic Production; Ch 6. Infrastructure; Ch 7. Human Capital; Ch 8. Equity and the Social Sector; Ch 9. Poverty Reduction: Trends, Determinants, and Policies; Ch 10. Governance, Institutions, and Political Economy; Index