This paper examines the Philippines’s 2004 Article IV Consultation and Post-Program Monitoring Discussions. GDP growth has exceeded expectations, but unemployment remains high. With exports staging a recovery and consumption boosted by overseas remittances and the election, GDP grew by 6.1 percent in 2004, up from 4.7 percent in 2003. The near-term outlook for the Philippines economy is clouded by the uncertain external environment. The rapid growth in 2004 is unlikely to be sustained, particularly given slowing global demand in the information technology sector and rising interest rates.

The report is based on a multi dimensional approach to poverty following ADB's poverty reduction strategy, which defines poverty as a deprivation of essential assets. The analytical framework of the country poverty analysis blends a more traditional analysis of income poverty with an assessment of access to five different types of assets. Taken from the sustainable livelihoods approach, these assets are human, physical, natural, financial and social capital.

Education in east Asia varies widely, due to the cultural and political histories of each country. The communist governments of China, North Korea, and Vietnam mandate schooling differently from the limited democracy of Hong Kong and the parliamentary government of Japan. The history of the educational philosophies, systems, and curricula of seventeen East Asian countries are described here, with a timeline highlighting educational developments, and a special day in the life feature, a personal account of what it is like for a student to attend school in that country.

The Asian financial crisis of 1997-1998 caused severe hardship in Southeast Asia, and many countries tightened their regulation of banks and other financial institutions, adopted more conservative fiscal policies, and made themselves less vulnerable to Western market fluctuations by forming closer trade and investment ties with their neighbors. This book analyzes the major political and economic reforms that resulted from the Asian financial crisis, looking particularly at how such reforms helped to prepare Asian countries for coping with the 2009 global recession. In each of the ten country chapters, the historical background, social and political system, economic development, and foreign relations of each country are analyzed and compared with those of neighboring countries. The concluding chapter looks ahead at the prospects for Southeast Asia in a more integrated Asian region. Instructors considering this book for use in a course may request an examination copy here.

This book is a printed edition of the Special Issue "Agent-Based Modelling and Landscape Change" that was published in Land