This wide ranging collection of essays addresses many important issues in China's economy under transition, from grain production and trade, to the development of township enterprises, the restructuring of state-owned enterprises, the emergence of big business, money demand, and consumption behavior. The contributors provide insightful analysis and discussions of economic policies, illuminating the institutional context within which reform strategies are negotiated and implemented in different economic sectors.

The pace of growth in the Philippines is slower than that of many neighbouring countries, and despite increasing growth in the period before the current global financial crisis, domestic investment remained weak, and had a declining share in gross domestic product. Understanding limits to growth in the Philippines' economy and how they may be counteracted is crucial for policy makers seeking to encourage economic development. 'Diagnosing the Philippine Economy' investigates the binding constraints on economic development, by following a growth diagnostics approach. Articles within this collection cover the areas of macroeconomic management; trade, investments, and production; infrastructure, human capital; equity and the social sector; poverty reduction efforts; and governance and political institutions. The studies' findings provide insight for politicians, academicians, and economists into the issues and their potential solutions.

'Diagnosing the Indonesian Economy: Toward Inclusive and Green Growth' commences with a broad overview of Indonesia's development since the 1960s. The analytical frameworks for the study, which were developed at Harvard University and ADB, are then used in an attempt to identify the constraints that most severely bind the country's development, and therefore the priorities for policy implementation and/or reform. The country's macroeconomic management and monetary policy since the Asian financial crisis is reviewed. The challenges of Indonesia's slow industrial transformation and small industry sector are described, as are their implications for poverty reduction efforts. The challenges Indonesia faces in developing its infrastructure are set out, e.g., the country's diverse topography, archipelagic nature, and monopolies. Human capital, an essential element in both growth and poverty reduction, is analyzed for the country, including the improvements in enrolments and gender balance, and the limitations the poor face to accessing education. Indonesia's record on poverty reduction is traced, as are the efforts to improve it. The links between employment creation and poverty reduction are presented, with a focus on the pressing issue of youth employment. The impact and status of the decentralization effort and efforts to fine-tune it are discussed. Last, the rather dismal status of the country's environment and natural resources management and the emerging impacts of climate change are summed up.

Indonesia's national development plan for 2005-2025 sets a vision of a country that is self-reliant, has a highly educated population with capable human resources, has no discrimination, and is prosperous enough to fulfil its population's needs. This will require high levels of economic growth that is both socially inclusive and environmentally sustainable. The volume identifies that in order to overcome the binding constraints to this growth, Indonesia needs to improve its infrastructure, enhance the education system to provide a more capable workforce, revive its manufacturing sector to open up employment, and facilitate these efforts through substantially improved governance and institutions. Furthermore, this growth must be accomplished in a manner that is harmonious and not destructive to the environment and natural resource base.

While Asia's growth record in recent decades is remarkable, it has been marred by rising inequality. Recognizing the potential negative economic, social and political consequences of rising inequality, more and more Asian countries are paying attention to the issue of equity and taking actions to make growth more inclusive. This book puts together papers arising from various studies on inclusive growth and its policy implications, as carried out at the Asian Development Bank. 'Inequality and Inclusive Growth in Asia' looks at recent trends of income and non-income inequalities in developing Asian countries; discusses their underlying driving forces; examines the concept of inclusive growth and its policy ingredients; proposes how inclusive growth can be measured and monitored; and provides in-depth analyses of the key policies of an inclusive growth strategy, including employment, public service delivery, social protection, gender equality, and governance and institutions. The book also presents a set of country studies with rich information on growth, poverty and inequality dynamics and the policy challenges that arise in marching toward inclusive growth in the People's Republic of China, Philippines, and Nepal.

While Asia's growth record in recent decades is remarkable, it has been marred by rising inequality. Recognizing the potential negative economic, social and political consequences of rising inequality, more and more Asian countries are paying attention to the issue of equity and taking actions to make growth more inclusive. This book puts together papers arising from various studies on inclusive growth and its policy implications, as carried out at the Asian Development Bank. 'Poverty, Inequality, and Inclusive Growth in Asia' looks at recent trends of income and non-income inequalities in developing Asian countries; discusses their underlying driving forces; examines the concept of inclusive growth and its policy ingredients; proposes how inclusive growth can be measured and monitored; and provides in-depth analyses of the key policies of an inclusive growth strategy, including employment, public service delivery, social protection, gender equality, and governance and institutions. The book also presents a set of country studies with rich information on growth, poverty and inequality dynamics and the policy challenges that arise in marching toward inclusive growth in the People's Republic of China, Philippines, and Nepal.

'Diagnosing the Indonesian Economy: Toward Inclusive and Green Growth' commences with a broad overview of Indonesia's development since the 1960s. The analytical frameworks for the study, which were developed at Harvard University and ADB, are then used in an attempt to identify the constraints that most severely bind the country's development, and therefore the priorities for policy implementation and/or reform. The country's macroeconomic management and monetary policy since the Asian financial crisis is reviewed. The challenges of Indonesia's slow industrial transformation and small industry sector are described, as are their implications for poverty reduction efforts. The challenges Indonesia faces in developing its infrastructure are set out, e.g., the country's diverse topography, archipelagic nature, and monopolies. Human capital, an essential element in both growth and poverty reduction, is analyzed for the country, including the improvements in enrolments and gender balance, and the limitations the poor face to accessing education. Indonesia's record on poverty reduction is traced, as are the efforts to improve it. The links between employment creation and poverty reduction are presented, with a focus on the pressing issue of youth employment. The impact and status of the decentralization effort and efforts to fine-tune it are discussed. Last, the rather dismal status of the country's environment and natural resources management and the emerging impacts of climate change are summed up.

Indonesia's national development plan for 2005-2025 sets a vision of a country that is self-reliant, has a highly educated population with capable human resources, has no discrimination, and is prosperous enough to fulfil its population's needs. This will require high levels of economic growth that is both socially inclusive and environmentally sustainable. The volume identifies that in order to overcome the binding constraints to this growth, Indonesia needs to improve its infrastructure, enhance the education system to provide a more capable workforce, revive its manufacturing sector to open up employment, and facilitate these efforts through substantially improved governance and institutions. Furthermore, this growth must be accomplished in a manner that is harmonious and not destructive to the environment and natural resource base.

The pace of growth in the Philippines is slower than that of many neighbouring countries, and despite increasing growth in the period before the current global financial crisis, domestic investment remained weak, and had a declining share in gross domestic product. Understanding limits to growth in the Philippines' economy and how they may be counteracted is crucial for policy makers seeking to encourage economic development.

'Diagnosing the Philippine Economy' investigates the binding constraints on economic development, by following a growth diagnostics approach. Articles within this collection cover the areas of macroeconomic management; trade, investments, and production; infrastructure, human capital; equity and the social sector; poverty reduction efforts; and governance and political institutions. The studies' findings provide insight for politicians, academicians, and economists into the issues and their potential solutions.