Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9813200138
Category : Business & Economics
Languages : en
Pages : 254
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Book Description
Although the successful economic transformation and reform of China since the 1970s could be regarded as a triumph in human history, China has now entered into the New Normal Era and encountered some slow-down in recent years. The perspective of China's growth under the New Normal Era is relevant for both the domestic and global economies.As the third instalment of ACI's annual tracking of the dynamics of competitiveness for Greater China, this volume includes the rankings and simulation results at both the provincial and regional levels. These offer insights for policy-makers, industry leaders and other stakeholders in identifying challenges and opportunities for sound decision-making. As an important part in determining the success of China's structural change, agricultural productivity is also discussed in detail. Quantitative research is conducted to estimate the agricultural total factor productivity at the provincial level. This provides policy recommendations to help China achieve self-sufficiency in terms of agricultural products.
Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9813147474
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
In the tradition of the Asia Competitiveness Institute (ACI) at the Lee Kuan Yew School of Public Policy, National University of Singapore (NUS), our research publications make a distinctive contribution to the understanding of economic development in Asia by evaluating and tracking competitiveness for the ten ASEAN member states annually since 2000 through combining leading-edge methodologies with an extensive dataset. In this third edition, the competitiveness ranking and simulation study for ASEAN-10 are improved and updated with 121 indicators across four environments. An in-depth assessment of the establishment of the ASEAN Economic Community (AEC) offers important implications for future integration initiatives in the broader Asia Pacific region. Novel empirical frameworks are also applied to provide an estimation of annual agricultural Total Factor Productivity (TFP) growth in eight ASEAN economies and to shed light on the drivers of growth in the travel and tourism industry in Malaysia, Singapore and Thailand.
Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9813207418
Category : Business & Economics
Languages : en
Pages : 182
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Book Description
This book is the only annual study that dissects Indonesia's sub-national competitiveness at both the provincial level (covering 34 provinces) and the regional level (covering six major island groups). Based on a rich dataset of 103 indicators, the study covers four environments of competitiveness: (1) Macroeconomic Stability, (2) Government and Institutional Setting, (3) Financial, Businesses, and Manpower Conditions, and (4) Quality of Life and Infrastructure Development. It also presents each province and region's comparative strengths and weaknesses, and conducts 'what-if' policy simulations to propose policy suggestions.
Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9813147881
Category : Business & Economics
Languages : en
Pages : 165
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Book Description
This book by the Asia Competitiveness Institute (ACI) undertakes rigorous empirical research relating to competitiveness of states and federal territories in India. The competitiveness framework employed by ACI computes the rankings for the 35 states and federal territories of India by factoring in a plethora of socio-economic development indicators that determine competitiveness. In this book, ACI's competitiveness analysis employs 75 different indicators across four different environments to capture the dynamics of competitiveness in a holistic way at the sub-national level. Further, the book produces a 'What-If' competitiveness simulation exercise to identify the specific policy areas that each state or federal territory must focus on to improve their rankings. Along with competitiveness, the book also presents a comprehensive analysis of issues relating to agricultural productivity at the sub-national level. Specifically, the book discusses the relevance and importance of raising total factor productivity in the agriculture sector in India at the state level and also brings out the extent of intra-state and intra-regional disparities prevalent in the country.
Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9811207895
Category : Business & Economics
Languages : en
Pages : 271
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Book Description
The Chinese economy has been playing an increasingly significant role on the global stage. This book is the sixth annual project of Asia Competitiveness Institute studying competitiveness at the sub-national level of Greater China. ACI's flagship competitiveness study not only adopts a comprehensive framework to measure competitiveness by incorporating 102 indicators under four environments and 11 sub-environments, but is also undertaken at the sub-national level to account for the considerable disparities within a large economy like Greater China. The comparative strengths and weaknesses based on the scores and rankings as well as the what-if simulation analysis can be used to formulate development strategies that are specific and of practical value for each sub-national economy and region.The Shapley methodology adopted by ACI introduces a novel approach for the assignment of weights to the various indicators that constitute competitiveness. This concept has introduced an element of objectivity in terms of the assignment of weights. The findings using the Shapley value also tend to validate the robustness of results obtained from the competitiveness studies over the past years.Moreover, the empirical research featured in this book attempts to understand the drivers of exports of Mainland China provinces, with a specific focus on real effective exchange rate movements and volatility. Nowadays with the international flows of goods and capital becoming ubiquitous and comprising an important aspect of national competitiveness, the role of exchange rate is drawing much more policy attention. In view of this, the research findings presented in this book make an important academic and policy contribution by empirically examining the relationship between exports and exchange rate.Finally, the timing of this publication makes it indispensable to include some dedicated discussions of the trade disputes between the US and China. Several topics would be discussed in this book, including China's protection on Intellectual Property Rights, its violation of World Trade Organisation rules, challenges to its economic growth, the development of its three regional megalopolises, and how to mitigate the impact and ramification of its trade war against the US. This book attempts to identify the growing concerns in the US-China trade tension and provide suggestions for China's development in the future.
Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 981120795X
Category : Business & Economics
Languages : en
Pages : 251
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Book Description
In the midst of turbulence in the international trade, this book titled Annual Competitiveness Analysis and Impact Estimation of Exchange Rates on Trade in Value-Added of ASEAN Economies provides a comprehensive overview on recent developments and policy initiatives in ASEAN, highlighting its strengths and weaknesses in facing the trade disruption from global events such as the US-China trade dispute, the rise of protectionist sentiments, and the expansion of China's Belt and Road Initiative.This sixth instalment features an update on ACI's annual competitiveness index for ASEAN-10 economies. Using a total of 121 indicators, the study analyses the competitiveness of the 10 ASEAN countries across four environments namely (i) Macroeconomic Stability, (ii) Government and Institutional Setting, (iii) Financial, Businesses and Manpower Conditions, and (iv) Quality of Life and Infrastructure Development.Also in this book is an in-depth coverage on trade, a key component of the ASEAN economy, and the integration of ASEAN into wider value chains. This phenomenon heavily features ongoing efforts to develop ASEAN and creates the need for a deeper understanding of the impact of these global value chains on trade in ASEAN. This book examines and provides empirical insights on the impact of real effective exchange rates on exports in ASEAN economies within the context of increased participation in global value chains. The findings have direct policy implications in the management of monetary policy.Additionally, this book provides an extensive discussion on the impact of the US-China Trade War on ASEAN, presenting the background analysis on the annals of the dispute as well as examining determining factors that may positively or negatively affect the trade and investment landscape in ASEAN. This latest edition also features a compilation of speeches and writings by academics and policymakers on key issues and development of ASEAN. It includes a speech by Minister Lawrence Wong, Minister for National Development and Second Minister for Finance on the importance of infrastructure development for economic competitiveness. On top of that, this book also features an essay by Mr Bilahari Kausikan, Chairman of the Middle East Institute at the National University of Singapore, and former Permanent Secretary at the Ministry of Foreign Affairs of Singapore, which addresses the impact of the US-China trade war on ASEAN.
Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9813207396
Category : Business & Economics
Languages : en
Pages : 499
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Book Description
This is the only annual study of Indonesia's sub-national competitiveness landscape of 34 Indonesian provinces that is conducted impartially and aimed towards Indonesian policymakers as well as the international audience. With 103 indicators covering four environments and 12 sub-environments of competitiveness, the study's unique methodology incorporates comparative strengths and weaknesses, and 'what-if' policy simulations aimed at policy suggestions for each province. This edition also features a new structure and graphical presentation that offer investors an overview of each province's competitiveness landscape.
Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9813272414
Category : Business & Economics
Languages : en
Pages : 309
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Book Description
This book is the fifth annual project of the Asia Competitiveness Institute studying competitiveness at the sub-national level of Greater China. ACI's flagship competitiveness study adopts a comprehensive framework to measure competitiveness by incorporating 102 indicators under four environments and 11 sub-environments. By undertaking the study at the sub-national level, it accounts for the considerable disparities within a large economy like Greater China. The study's unique methodology incorporates comparative strengths and weaknesses, and what-if policy simulations aimed at policy suggestions for each sub-national economy and region.A new feature of this competitiveness study introduces the concept of Shapley value for the assignment of weights to the various indicators that constitute competitiveness. This methodological innovation not only adds an element of objectivity in terms of the assignment of weights, but also validates the robustness of results obtained from the competitiveness studies over the past years.Moreover, the empirical research featured in this book attempts to understand the drivers of FDI inflows to Mainland China, with a specific focus on exchange rate movements and volatility. Nowadays with the international flows of goods and capital becoming ubiquitous and comprising an important aspect of national competitiveness, the role of exchange rate is drawing much more policy attention. In view of this, the research findings presented in this book make an important academic and policy contribution by empirically examining the relationship between FDI inflows and exchange rate.Finally, the timing of this publication makes it indispensable to include the interpretation and reconciliation of policy development of China after the 19th National Congress of the Communist Party of China held in October 2017. With the growing prosperity of its people and the improvement of its international status, China would 'realise the Chinese Dream of national rejuvenation and see the people realise their aspirations for a better life.' As such, China has achieved the transformation from regaining dignity to becoming prosperous and growing strong to be a great modern socialist country visualised by President Xi Jinping. This book attempts to investigate the vision of 'growing strong to be a great modern socialist country' from different aspects.
Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9811207860
Category : Business & Economics
Languages : en
Pages : 391
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Book Description
Indonesia is one of the largest economies in the world and is one of the major players in the global economy. The diversity in Indonesia's socio-economic structure from province to province and region to region warrants an in-depth inquisition at the sub-national level. This book forms part of the series of Asia Competitiveness Institute (ACI) annual flagship study on the competitiveness of the 34 provinces in Indonesia. Using over 100 indicators, the study covers four environments in (1) Macroeconomic Stability, (2) Government and Institutional Setting, (3) Financial, Businesses and Manpower Conditions and (4) Quality of Life and Infrastructure Development, and 12 sub-environments. This book also provides insights to the comparative strengths and weaknesses of the sub-national economies and conducts a 'What-ifs' policy simulation to craft targeted policy recommendations for each province.This sixth edition will continue to elucidate the competitiveness landscape of each province's competitiveness. Additionally, this edition will also feature commentaries by the local academics on the recent developments in the 34 provinces of Indonesia. In view of the importance of international trade to the Indonesia's economy, this book also features the study of impact estimation of exchange rates on exports in Indonesia.
Author: Tan Khee Giap
Publisher: World Scientific
ISBN: 9811207984
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
Asia Competitiveness Institute (ACI) at the Lee Kuan Yew School of Public Policy (LKYSPP), National University of Singapore (NUS) started producing its flagship analysis of competitiveness covering the sub-national economies of India on an annual basis since 2013. A unique feature of ACI's research comes from an effort to recognise the heterogeneity of India and how the variations in the dynamics of competitiveness pan out at the sub-national level. This book entitled Annual Competitiveness Analysis and Impact Estimation of Exchange Rates on Exports from Sub-National Economies of India not only undertakes a comprehensive and robust analysis of competitiveness in India's 36 sub-national economies but also features an empirical analysis of the impact of exchange rate movements and volatility on exports from sub-national economies of India.Overall, the analysis we provide in this book relating to different dimensions of competitiveness of India's sub-national economies can not only stand up to academic scrutiny as it is grounded in rigorous methodological foundations but also remains accessible and appealing to policymakers as we offer tailored policy recommendations based on our analysis that will enable them to take appropriate policy interventions in their sub-national economies to improve their overall competitiveness.
