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This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

This ADBI newsletter is published periodically throughout the year to provide information on current events, seminars and summits, Job opportunities, blogs and news and current publications concerning growth and development in Asia and the Pacific.

2017 saw more research programmes, new personnel, additional partners and outstanding visitors at RSIS. Almost every day, our School and scholars were featured in the media and public discourse, both at home and abroad. RSIS is the go-to place for academic and policy decision-makers. As our Dean reported, RSIS faculty and researchers are publishing more and our students are provided with an increasing array of learning and professional opportunities. We commenced the Science and Technology Studies Programme. We consolidated the National Security Studies Programme which was set up in 2016. We streamlined existing activities and created new avenues for more focussed coverage of non-traditional security and science and technology research. We appointed Dr Shashi Jayakumar as Executive Coordinator for Future Issues and Technology (FIT) to better manage cross-cutting issues and be future ready. (Shashi is concurrently the Head of the Centre of Excellence for National Security.) We reached out to other parts of NTU to explore and initiate more collaborative work. We convened the CSCAP Retreat, World Agricultural Forum, Regional Conference on International Humanitarian Law in Asia, US-ASEAN Conference on Legal Issues of Regional Importance, and several new workshops with various international bodies and think tanks from other countries. Our flagship programmes were reviewed and innovative ideas implemented. More importantly, the central services in RSIS were strengthened to cope with the increased mandate and staffing. The physical space constraint is being addressed creatively. We hope the refreshed RSIS website will inspire more connection and pride with the School's mission and vision going forward.

NZIER reported under the PBE (Public Benefit Entity) standards for the first time in 2016. The 2015 results have been restated in this annual report. They do not in every case correspond to the figures given in the annual report for 2015, which were reported in accordance with the NZ IFRS standard. NZIER's revenue during the 2016 financial year was 8% lower than in 2015. Total expenses were also 6% lower than prior year, while operating expenses were 16% lower. These expense figures reflect strong cost discipline during a year in which the continued establishment costs of the Auckland office were included in the expenses. These establishment costs, together with lower revenues, led to a total deficit for the financial year of $215,088, after applying $357,494 to public good activities during the year.NZIER has funded the Auckland office establishment with a total of $500,000 over two-years. This has been by way of use of reserves as allocated and approved by the Board. An overview of these movements is given in the Statement of Changes in Net Assets in the summary accounts. Adjusting for this finance flow would produce a small operating surplus of $34,912 in 2016.NZIER's net asset position and its current ratio were both satisfactorily strong at the end of the financial year, and its cash flow position was good throughout the year.

This paper uses an original database of 469 politically connected firms under the Mubarak regime in Egypt to explore the economic effects of close state-business relations. Previous research has shown that political connections are lucrative. The paper addresses several questions raised by this research. Do connected firms receive favorable regulatory treatment? They do: connected firms are more likely to benefit from trade protection, energy subsidies, access to land, and regulatory enforcement. Does regulatory capture account for the high value of connected firms? In the sample, regulatory capture as revealed by energy subsidies and trade protection account for the higher profits of politically connected firms. Do politically connected firms hurt aggregate growth? The paper identifies the growth effects of the entry of politically connected firms by comparing detailed 4-digit sectors where they entered, between 1996 and 2006, and sectors that remained unconnected. The entry of connected firms into new, modern, and previously unconnected sectors slows aggregate employment growth and skews the distribution of employment toward less productive, smaller firms.

The essays and issues covered in this Year in Review will provide a snapshot of the work RSIS has undertaken on NTS. We hope that this publication will be useful to all readers and will help to increase our appreciation and knowledge of the impact of NTS and the way forward in tackling NTS threats to human society.