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The theme of this book is that economic growth is key, but institutions and other national and subnational attributes matter as well. They are critical to explaining differences in social development and poverty reduction across countries and subnational areas that cannot be accounted for by growth alone. The book concludes that a more complete strategy needs to consider various institutional factors at the national and subnational levels to achieve rapid and sustained poverty reduction. Indeed, paying attention to these factors will benefit both growth and poverty reduction.
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ABUZAR ASRA Senior Statistician, Asian Development Bank, Manila ARSENIO M. BALISACAN Professor of Economics, University of the Philippines ALEX B. BRILLANTES, JR Associate Professor, National College of Public Administration and Governance, University of the Philippines MARITA CONCEPCION CASTRO GUEVARA Research Associate, Institute of Philippine Culture, Ateneo de Manila University, Phillipines GEMMA ESTHER B. ESTRADA Consultant, Economics and Research Department, Asian Development Bank RAGHAV GAIHA Professor of Public Policy, Univeristy of Delhi, India MARY RACELIS Director, Institute of Philippine Cutlure Ateneo de Manila University, Philippines
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