University and Professor of Economics at Hong Kong University of Science and Technology. This paper was prepared for the Asian Development Bank’s Distinguished Speakers Program held on 11 October 2004 in Manila, Philippines. The original lecture style of presentation has been preserved. This paper draws heavily on the author’s 2003 and 2004 papers, “Development Strategy, Viability, and Economic...

The World Bank Group consists of five organizations: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). The World Bank operates under the authority of a Bo...

American Development Bank for supporting this work and the many people in the Inter-American Development Bank and in the World Bank who gave their time to discuss the issues in this paper and for supplying background material. In addition I wish to thank

The paper analyzes how the European Bank of Reconstruction and Development (EBRD) Eurasian (EDB) approach sustainable development in their legal documents social media. Unlike democracies, autocracies are driven by concerns regime survival, but they often seek legitimacy through expressed commitments to global norms. We find that while EBRD has a clear detailed environmental agenda, this is not...

This paper presents a study of the operations and accounting practices within the Fijian Development Bank. These practices cannot be understood outside the complex tensions and contradictions in Fijian society. Such tensions and antagonisms are a legacy of what has been called in other places 'post-colonial stress syndrome'. The Bank is faced with the (impossible) task of reconciling a history ...

Hydraulic Energy dissipators are devices to protect downstream areas of basin from erosion by reducing the velocity of flow up to an acceptable limit. The stilling basins are transition structures fabricated to dissipate excess energy confined by flow with high velocity at the outlet of conduit or tunnel so that the flow beyond the basin does not threaten the firmness of bed and banks of downst...

This article presents some statistical methods for estimating the parameters of a population dynamics model for annual plants. The model takes account of reproduction, immigration, seed survival in a seed bank, and plant growth. The data consist of the number of plants in several developmental stages that were measured in a number of populations for a few consecutive years; they are incomplete ...

This paper provides evidence on the links between financial deregulation and economic performance in a European context. Specifically, we study the relaxation of bank branching restrictions in Spain which triggered off a remarkable inter-regional expansion of savings banks which has been coincidental with an unprecedented period of sustained growth. Although related questions have been largely ...