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Poverty and foreign aid

evidence from recent cross-country data

Contains three papers from the Asian Dev't. Bank: (1) Poverty & Foreign Aid: Evidence from Recent Cross-Country Data, by Abuzar Asra, Gemma Estrada, Yangseon Kim, & M.G. Quibria: takes a fresh look, from a macro perspective, at the issue of aid effectiveness. An important point of departure for this study is that it adopts poverty reduction, as contrasted from economic growth, as the metric for measuring aid effectiveness. (2) Measuring Efficiency of Macro Systems: An Application to Millennium Dev't. Goal Attainment, by Ajay Tandon; & (3) Experience of Asian Asset Mgmt. Companies: Do They Increase Moral Hazard? -- Evidence from Thailand, by Akiko Terada-Hagiwara & Gloria Pasadilla. Charts & tables.

Contains three papers from the Asian Dev't.