ERD Working Paper No. 70
George Abonyi is Executive Director, Asia Strategy Forum and Associate Senior Fellow, Institute of Southeast AsianStudies (firstname.lastname@example.org). This work was undertaken as a consulting assignment with the Economics and ResearchDepartment (ERD), with Xianbin Yao, former Assistant Chief Economist, and Richard Bolt, former Senior Economist,ERD, providing overall guidance. It builds on earlier work for ERD initiated under the direction of David Edwards, former Assistant Chief Economist; and also links closely to related work undertaken by ERD and published in June2003 by the Asian Development Bank as the
Economic Analysis of Policy-Based Operations: Key Dimensions.
Comments provided by Raymond Mallon were particularly helpful in finalizing this paper. The analytic framework for policy reform presented in the paper was influenced by earlier collaboration with John Thomas (Harvard University). Theviews and opinions expressed in the paper are those of the author.