ADB Economics Working Paper Series
Development Imperatives for the Asian Century
Peter Petri and Vinod ThomasNo. 360 July 2013
Peter Petri is Carl Shapiro Professor of InternationalFinance at Brandeis University and Vinod Thomasis Director General of Independent Evaluation at theAsian Development Bank. The paper builds on background notes from AnanyaBasu, Shikha Jha, Divya Mathew, Peter Petri, RobertPicciotto, and Juzhong Zhuang. The paper benefittedfrom guidance from Ashok Lahiri, Rajat Nag, and MarioSander von Torklus, and inputs from Nessim Ahmad,Indu Bhushan, Daniele Ponzi, Changyong Rhee, andKazu Sakai. Valerie Reppelin-Hill provided overallsupport, and Jocelyn Tubadeza, Alice Martha Lee andKhalid Umar research support. All this collaboration isgratefully acknowledged.