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WORKING PAPERS
April 06, 2022
This paper discusses how fiscal policy can help foster more inclusive growth in developing Asia. On average, government expenditures in developing Asia are higher, as a share of gross domestic product, than those in Latin America and the Caribbean. Relative to Latin America, developing Asia spends m...
WORKING PAPERS
April 06, 2022
This paper discusses the evolution of key taxes in the past 20 years in developing Asia and fiscal challenges that these countries face in light of the COVID-19 pandemic. It presents estimates of tax capacity and tax potential and discusses the productivity of key taxes in the region. The paper find...
POLICY PAPERS
March 04, 2022
The East Asian export-led development model has served as a beacon for decades. For the many urbanized and rapidly urbanizing countries, the East Asian experience with and response to emerging challenges can be equally instructive. High-income East Asian economies are at or approaching peak urbaniza...
CGD NOTES
February 24, 2022
The worldwide shock inflicted by COVID-19 had the making of a “perfect crisis:” the kind that should not be wasted. Indeed, it could serve as an opportunity to initiate major reforms. Unfortunately, Pakistan, like virtually all other countries, has permitted the opportunity to go waste. Pakistan may...
Blog Post
January 18, 2022
When the pandemic first struck, dealing with excessive debt and debt service burdens of developing countries figured prominently on the international response agenda. The G20 produced the Debt Service Suspension Initiative (DSSI)—a program to defer official debt service due by mostly low-income coun...
Blog Post
January 05, 2022
The COVID-19 pandemic has laid bare the realpolitik of global health security. It has also illuminated some uncomfortable truths. In this blog, we explore China’s global health leadership, its international cooperation and lack thereof, and analyse what we see as the future of global health sec...
WORKING PAPERS
December 17, 2021
This paper analyzes a rich pre-pandemic data set on both men and women business owners from 401 mainly rural villages in five regencies (kabupaten) of East Java province, Indonesia. There are some similarities but mostly large gender differences in characteristics and resources in this random sample...
Blog Post
December 15, 2021
This blog explores the extent to which countries use out of date information to estimate GDP and finds that low-income country (LICs) GDP could be a third higher than currently believed, and that lower middle-income country (LMICs) GDP could be over a quarter higher. In total, this would mean that 7...