18 Sep 2007

The Asia-Pacific Development Journal (APDJ) is published twice a year by the Macroeconomic Policy and Development Division of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).

The primary objective of the APDJ is to provide a platform for the exchange of knowledge, experience, ideas, information and data on all aspects of economic and social development issues and concerns facing the region and to stimulate policy debate and assist in the formulation of policy.

1 Sep 2007
Working paper series

By Tham Siew Yean and Andrew Kam Jia Yi
In the Third Industrial Master Plan, several service sub-sectors were identified as new sources of growth for the country, including education services. Apart from this sector’s contribution towards growth, private higher education institutions (PHEIs) can also contribute towards increasing access to education and equity. Malaysia aims to be a global education hub by 2010. In view of the above, this study

1 Aug 2007
Working paper series

By Tulus Tambunnan
The impact of international trade and investment policy reforms on the Indonesian economy, focusing on economic growth and development of domestic manufacturing industry has been studied extensively enough. However, the implication of these trade and investment policy reforms on the growth of small and medium enterprises (SMEs) in Indonesia remains an under-researched area of

1 Jul 2007
Working paper series

By Muthi Samudram
This study reviews the development of the banking and insurance sectors in Malaysia since the 1980s, with a particular attention to the effects and sequencing of the various reforms as well as the impact of services trade liberalization and related commitments.

1 Jul 2007
Working paper series

By Salahuddin Ahmad and Dilli Raj Khanal
This study assesses the strengths and weaknesses of reforms in the banking and insurance industries. Banking sector performance is analysed using various indicators as well as Principle Component Analysis techniques. A comparative case study of three banks with different ownership structures is presented. The study concludes with important conclusions and policy implications for future reforms based on the findings.

1 Jun 2007
Working paper series

By Bishwanath Goldar and Rashmi Banga