ERD Working Paper No. 36
Robert BallanceBishnu D. Pant
Robert Balance is Adjunct Professor of Economics, Indian River Community College, Florida andBishnu D. Pant is Principal Statistician with the Development Indicators and Policy Research Division,Economics and Research Department, Asian Development Bank. The paper has benefited from the commentsof many ADB staff, in particular Ali Azimi, Douglas Brooks, and Tahir Qadri. Views expressed in the paperare those of the authors and do not necessarily reflect that of the institutions they are affiliated with.