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Author: Tan Khee Giap
Publisher: World Scientific
ISBN: 9813226897
Category : Business & Economics
Languages : en
Pages : 284
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Book Description
This book is an update of the annual flagship study by the Asia Competitiveness Institute at the Lee Kuan Yew School of Public Policy, National University of Singapore, 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 100 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. Aside from exploring competitiveness, the book also features empirical research on the determinants of growth slowdown in Indonesian provinces and its impact on policy implications. It also features the inaugural Ease of Doing Business Index on Attractiveness to Investors, Business Friendliness and Competitive Policies (EDB Index ABC) for Indonesian provinces. Coupled with practical insights and policy implications, this book is a recommended read for policymakers, researchers, and the general audience interested in Indonesia's economic development. Contents: Introduction2016 Annual Update on Competitiveness Analysis of Indonesian Provinces2016 Annual Update on Competitiveness Analysis of Indonesian RegionsGrowth Slowdown Analysis by Income Thresholds for Indonesia's Sub-National Economies2016 Inaugural Ease of Doing Business Index on Attractiveness to Investors, Business Friendliness and Competitive Policies (EDB Index ABC) for Indonesian ProvincesConclusion Readership: Policymakers, researchers, and the general audience interested in Indonesia's economic development. Keywords: Competitiveness;Indonesia;Indonesian Provinces;Growth Slowdown;Ease of Doing Business;Economic Development;Global Commodity Price Bust;Commodity-Exporting Country;Governing InstitutionsReview: "The ACI survey provides critical policy insights on competitiveness to lay the groundwork for governments to frame and improve their competitiveness policies, and provides guidance for business-seeking entities to enter the market." Dr Darmin Nasution Coordinating Minister for Economic Affairs, Republic of Indonesia "As I have mentioned several times, this research is very important for Indonesia ... I recommend that this research result be disseminated to all Indonesian bureaucrats of the central government as well as the provincial level." Prof. Dr Kuntoro Mangkusubroto School of Business and Management, Bandung Institute of Technology, Indonesia Key Features: This is the only annual study of Indonesia's sub-national competitiveness landscape which is conducted impartially and aimed towards Indonesian policymakers as well as the international audienceThe book presents a comprehensive analysis based on an extensive dataset sourced from formal statistics as well as surveys conducted jointly with the government, business owners, and academic institutions in all Indonesian provincesIn this installment of the series, the book features an empirical study on growth slowdown by income thresholds in Indonesia's provinces as well as the inaugural Ease of Doing Business Index on Attractiveness to Investors, Business Friendliness and Competitive Policies (EDB Index ABC) for Indonesian provinces
Author: Tan Khee Giap
Publisher: World Scientific
ISBN: 9813226897
Category : Business & Economics
Languages : en
Pages : 284
Get Book Here
Book Description
This book is an update of the annual flagship study by the Asia Competitiveness Institute at the Lee Kuan Yew School of Public Policy, National University of Singapore, 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 100 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. Aside from exploring competitiveness, the book also features empirical research on the determinants of growth slowdown in Indonesian provinces and its impact on policy implications. It also features the inaugural Ease of Doing Business Index on Attractiveness to Investors, Business Friendliness and Competitive Policies (EDB Index ABC) for Indonesian provinces. Coupled with practical insights and policy implications, this book is a recommended read for policymakers, researchers, and the general audience interested in Indonesia's economic development. Contents: Introduction2016 Annual Update on Competitiveness Analysis of Indonesian Provinces2016 Annual Update on Competitiveness Analysis of Indonesian RegionsGrowth Slowdown Analysis by Income Thresholds for Indonesia's Sub-National Economies2016 Inaugural Ease of Doing Business Index on Attractiveness to Investors, Business Friendliness and Competitive Policies (EDB Index ABC) for Indonesian ProvincesConclusion Readership: Policymakers, researchers, and the general audience interested in Indonesia's economic development. Keywords: Competitiveness;Indonesia;Indonesian Provinces;Growth Slowdown;Ease of Doing Business;Economic Development;Global Commodity Price Bust;Commodity-Exporting Country;Governing InstitutionsReview: "The ACI survey provides critical policy insights on competitiveness to lay the groundwork for governments to frame and improve their competitiveness policies, and provides guidance for business-seeking entities to enter the market." Dr Darmin Nasution Coordinating Minister for Economic Affairs, Republic of Indonesia "As I have mentioned several times, this research is very important for Indonesia ... I recommend that this research result be disseminated to all Indonesian bureaucrats of the central government as well as the provincial level." Prof. Dr Kuntoro Mangkusubroto School of Business and Management, Bandung Institute of Technology, Indonesia Key Features: This is the only annual study of Indonesia's sub-national competitiveness landscape which is conducted impartially and aimed towards Indonesian policymakers as well as the international audienceThe book presents a comprehensive analysis based on an extensive dataset sourced from formal statistics as well as surveys conducted jointly with the government, business owners, and academic institutions in all Indonesian provincesIn this installment of the series, the book features an empirical study on growth slowdown by income thresholds in Indonesia's provinces as well as the inaugural Ease of Doing Business Index on Attractiveness to Investors, Business Friendliness and Competitive Policies (EDB Index ABC) for Indonesian provinces
Author: Tan Khee Giap
Publisher: World Scientific
ISBN: 9813226773
Category : Business & Economics
Languages : en
Pages : 308
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Book Description
The book 2016 Annual Competitiveness Analysis and Growth Slowdown Analysis for ASEAN-10 begins by presenting the insights of Mr George Yeo, Former Minister for Foreign Affairs of Singapore, who provides a thoughtful reflection on identities and their continued relevance for policy-making. It then provides an update to the annual competitiveness analysis for ASEAN-10. Based on a rich dataset of 121 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 then presents each economy's strengths and weaknesses, and conducts "what-if" policy simulations to offer insights into the ASEAN economies. Furthermore, given prevailing worries about ASEAN economies falling into the "middle-income trap," growth slowdown analysis for the ASEAN economies is conducted. Through income-group specific econometric models, determinants of growth slowdown are identified and predictive probability of slowdown for each ASEAN economy is computed. Finally, progress of economic reforms in Cambodia, Laos, Myanmar and Vietnam is evaluated, from which policy implications for these countries' future development are drawn. Contents: A Sense of Self in an Age of Globalisation and ASEAN's Respect for Diversity2016 Update on Annual Competitiveness Analysis for ASEAN-10Growth Slowdown Analysis by Income Thresholds for ASEAN EconomiesTransitional Economies in ASEAN: Reform Progress, Challenges and Policy OptionsPositioning Singapore for the Waves of Change: Building Deep Capabilities for the Future EconomyConcluding Remarks and Future Research Agenda Readership: Researchers and advance graduates studying ASEAN developmental economics. Keywords: Competitiveness;Economic Development;Public Policy;ASEAN;Southeast Asia;Growth Slowdown;Bayesian Model Averaging;Transitional Economies;Cambodia;Laos;Myanmar;Vietnam;CLMV;George Yeo;Asia Competitiveness Institute (ACI)Review: "I highly appreciate ACI's effort in conducting research on competitiveness improvement for Asian countries, especially the members of ASEAN over the past few years. We really look forward to deepening research cooperation between VCCI and ACI." Dr Vu Tien Loc Chairman and President Vietnam Chamber of Commerce and Industry (VCCI), Vietnam Key Features: Existing global competitiveness rankings such as the World Competitiveness Yearbook by the IMD World Competitiveness Centre and the World Economic Forum's Global Competitiveness Report are like beauty contests; they merely identify who are doing well and who are facing challenges, but stop short of giving more constructive advice on improving the rankings. The ACI's competitiveness framework goes one step further by tackling the "so what" question. What is the policy implication of a competitiveness ranking result for a particular economy? Under this overarching framework, ACI combines leading-edge research methodologies with extensive data collection efforts to evaluate and track economic competitiveness for the ASEAN-10 economies since 2000The book benefits from the insights of Mr George Yeo, Former Minister for Foreign Affairs of Singapore, who provides a thoughtful and timely reflections on the nature of human beings' identities and their continued relevance for policy-making. The shock election of Donald Trump to the Presidency of the United States (US) and the victory of the "Leave" campaign during the Brexit referendum in 2016 have served to underscore the fact that the development of human societies is not only driven by economic but also soci
Author: Tan Khee Giap
Publisher: World Scientific
ISBN: 9813226838
Category : Business & Economics
Languages : en
Pages : 236
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Book Description
This book undertakes rigorous empirical research on competitiveness of the sub-national economies of India. One of the cornerstones of Asia Competitiveness Institute (ACI)'s research strategies is to factor in the diversity of sub-national economies in a large and diverse country like India and undertake rigorous research that will inform policymakers in these economies. ACI's competitiveness framework computes rankings for all the sub-national economies of India by accounting for a plethora of socio-economic development indicators that determine competitiveness. Into its fourth edition, this book entitled 2016 Annual Competitiveness and Growth Slowdown Analysis for Sub-National Economies of India presents our annual update of competitiveness analysis of India's sub-national economies. 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. The book also has a What-if competitiveness simulation exercise to identify the specific policy areas that each sub-national economy must focus on to improve its rankings. Further to an analysis of competitiveness, the book delves deeper into understanding the dynamics of economic growth of the various sub-national economies in India, which is a significant value-addition to the related literature as the book has a comprehensive and dedicated discussion on the prospects of and determinants of growth slowdown at the sub-national level. Contents: About Asia Competitiveness Institute (ACI)ForewordPrefaceAcknowledgementsAbout the AuthorsList of AbbreviationsList of Tables and FiguresIntroduction2016 Annual Update on Competitiveness for 35 Sub-National Economies of India2016 Annual Update on Competitiveness for Five Regions of IndiaGrowth Slowdown Analysis by Income Thresholds for India's Sub-National EconomiesConcluding Remarks and Directions for Future Research Readership: Academics, undergraduate and graduate students, and professionals interested in India's economic development. Keywords: Competitiveness;India;Growth Slowdown Analysis;Middle-Income Trap;Sub-National Economies;What-If Simulation;Make in India;Review:0
Author: Tan Khee Giap
Publisher: World Scientific
ISBN: 9813226803
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
This book is an update of the competitiveness rankings for Greater China economies at the sub-national and regional level with the latest available data. The study uses a comprehensive methodology which measures competitiveness across four unique dimensions to provide an in-depth competitiveness analysis for the 34 economies and the five regions of Greater China. It then recommends policy prescriptions which would be relevant to each economy and region based on their specific strengths and weaknesses. Aside from exploring competitiveness, the book also analyses the growth slowdown phenomenon for Greater China economies by income thresholds. This volume is recommended for scholars and researchers interested in China's economic development. Contents: About ACIForeword (by Professor Wang Gungwu)Preface (by Professor Kishore Mahbubani)AcknowledgementsAbout the AuthorsList of EconomiesList of AbbreviationsList of Tables and FiguresChina's Economic New Normal, Coping with Deeper Economic Restructuring and the One-Belt One-Road StrategyOrganisation, Structure and Methodology2016 Annual Update on Competitiveness Rankings and Simulation Studies for 34 Greater China Economies2016 Annual Update on Regional Competitiveness Rankings and Simulation Studies for Greater ChinaGrowth Slowdown Analysis by Income Thresholds for Greater China EconomiesDiversifying and Seeking New Sources of Growth for China: Striving to Be a Global Economic Leader Readership: Scholars and researchers interested in China's economic development, categorised by regions and provinces. Keywords: Competitiveness;China;Growth Slowdown;Public Policy;Development StrategiesReview: "Professor Tan Khee Giap is developing important knowledge at the Asia Competitiveness Institute, to help Singapore gain in-depth knowledge of the economy around us. We will nurture local academics who can produce quality work and contribute to Singapore." Mr Ong Ye Kung Minister for Education (Higher Education and Skills) and Second Minister for Defence, Singapore "I like the growth slowdown research by the ACI very much. I don't think I have seen any similar Chinese research on the topic, especially at the sub-national level." "This research offers a very solid database. It also sheds light on important policy implications which are presented in a very graphical manner for both central and local policymakers to use as a policy reference tool." Dr Sun Jingying Assistant Professor, Institute of World Economics and Politics Chinese Academy of Social Sciences, China Key Features: Unique volume with no other rival publications as yet, covering whole spread of all 34 economies and five regions in Greater ChinaIn-depth and rigorous study on regional analysis on Greater China which views competitiveness through a regional lens, by offering a strategic regional development from an academic perspective, with an aim to achieve sustainable and balanced growth throughout the economies coveredAsia Competitiveness Institute's other similar studies on 35 Indian states and federal territories, ASEAN-10 economies, and 34 Indonesian provinces provide similar sub-national insights and a basis for comparison across these countries
Author: Tan Khee Giap
Publisher: World Scientific
ISBN: 9813226862
Category : Business & Economics
Languages : en
Pages : 404
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Book Description
This book by the Asia Competitiveness Institute introduces a new ease of doing business index that aims to allow for a better approximation of ease of doing business conditions in India's sub-national economies. The approach takes into account three major aspects of doing business, namely (a) Attractiveness to Investors, (b) Business Friendliness, and (c) Competitive Policies. The bottom-up approach considers the various operational issues that firms face at the ground level, with the emphasis being on de facto issues. The analysis provided in the book not only stands up to academic scrutiny as it is grounded in rigorous methodological foundations, but also remains accessible and appealing to policymakers with the co-authors recommending appropriate policy interventions to improve the ease of doing business of India's sub-national economies. Contents: India as the World's Fastest Growing Emerging Economy: How Singapore Can Be Part of This Narrative?Ease of Doing Business (EDB) Index: Rationales, Literature Survey and Methodological ConceptsAndhra PradeshAssamBiharChhattisgarhDelhiGoaGujaratHaryanaHimachal PradeshJharkhandKarnatakaKeralaMadhya PradeshMaharashtraOdishaPunjabTamil NaduTelanganaUttar PradeshUttarakhandWest BengalConcluding Remarks and Directions for Future Research Readership: Academics, investors, and policymakers interested in India's business environment and investment climate. Keywords: Ease of Doing Business;India;Sub-National Economies;What-If Simulation;Make in India;Competitive FederalismReview: "Professor Tan Khee Giap is developing important knowledge at the Asia Competitiveness Institute, to help Singapore gain in-depth knowledge of the economy around us. We will nurture local academics who can produce quality work and contribute to Singapore." Ong Ye Kung Minister for Education (Higher Education and Skills) & Second Minister for Defence, Singapore "The study presents a holistic and comprehensive analysis to understand the ease of doing business (EDB) in India at the sub-national level. While there are many indices existing at the national level, at the sub-national, it appears this is only the second one after World Bank's ease of doing business. Compared to World Bank's, EDB index ABC is much broader and includes a mix of ex-ante, ex-post as well as de jure factors." Professor N R Bhanumurthy National Institute of Public Finance and Policy, New Delhi, India Key Features: The book undertakes rigorous empirical research relating to the notion of ease of doing business at the sub-national level in India.The study is first of its kind as it analyses the ease of doing business environment at the sub-national level and is a significant departure from the existing studies on ease of doing business.The book offers a unique blend of empirical work and policy discussion as it relates to a large emerging market economy like India, specifically factoring in the differences within the country.
Author: Binte Ahmad Nursyahida
Publisher: World Scientific
ISBN: 9813226927
Category : Business & Economics
Languages : en
Pages : 536
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Book Description
Indonesia's diverse economic landscape and growing importance in the global and regional stages warrant deeper understanding of the economy at sub-national levels. This book by the Asia Competitiveness Institute (ACI) is an update of ACI's annual study of the competitiveness landscape of 34 Indonesian provinces. With 100 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 fourth instalment continues to feature a structure and graphical presentation that offer investors an overview of each province's competitiveness landscape. Coupled with evidence-based findings and analyses, this book is a recommended read for policymakers, stakeholders and general audience interested in the economic developments of Indonesia's provinces. Contents: Overview: Overview of 2016 Annual Update on Competitiveness Analysis of Indonesian ProvincesJATIMNOMICs: A Model of Indonesia Incorporated for Free Trade and Inclusive Economic Growth (by Dr Soekarwo, Governor of East Java Province, Indonesia)Competitiveness Profile of 34 Indonesian Provinces (ACI 2016 Annual Update): Provinces of Sumatra Region: AcehBangka Belitung IslandsBengkuluJambiLampungNorth SumatraRiauRiau IslandsSouth SumatraWest SumatraProvinces of Java Region: BantenCentral JavaDI YogyakartaDKI JakartaEast JavaWest JavaProvinces of Bali — Nusa Tenggara Region: BaliEast Nusa TenggaraWest Nusa TenggaraProvinces of Kalimantan Region: Central KalimantanEast Kalimantan & North KalimantanSouth KalimantanWest KalimantanProvinces of Sulawesi Region: Central SulawesiGorontaloNorth SulawesiSouth SulawesiSoutheast SulawesiWest SulawesiProvinces of Maluku — Papua Region: MalukuNorth MalukuPapuaWest Papua Readership: Policymakers, researchers, and the general audience interested in Indonesia's economic development. Keywords: Competitiveness;Indonesia;Provinces;Investments;Policies;Sub-National;Ranking;Trade;Indicators;Index;ProvincialReview: "The ACI survey provides critical policy insights on competitiveness to lay the groundwork for governments to frame and improve their competitiveness policies, and provides guidance for business-seeking entities to enter the market." Dr Darmin Nasution Coordinating Minister for Economic Affairs Republic of Indonesia "As I have mentioned several times, this research is very important for Indonesia ... I recommend that this research result be disseminated to all Indonesian bureaucrats of the central government as well as the provincial level." Prof. Dr Kuntoro Mangkusubroto School of Business and Management Bandung Institute of Technology, Indonesia Key Features: This is the only annual study of Indonesia's sub-national competitiveness landscape which is conducted impartially and aimed towards Indonesian policymakers as well as the international audienceAnalyses in the book are presented in ways that are intuitively comprehensible not only to academics but also to policymakers and business ownersThe book presents a comprehensive analysis based on an extensive da
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: 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.
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: 9813272325
Category : Business & Economics
Languages : en
Pages : 221
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Book Description
This book entitled 2017 Annual Competitiveness Analysis and Impact of Exchange Rates on Foreign Direct Investment Inflows to Sub-National Economies of India is the fifth edition of the Asia Competitiveness Institute's flagship analysis of competitiveness covering the sub-national economies of India. The research in this study 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.Based on rigorous methodological foundations, the competitiveness study possesses several distinguishing features. First, the competitiveness index is constructed from a holistic set of 75 indicators spanning four different dimensions encompassing (1) macroeconomic stability, (2) government and institutional setting, (3) financial, business and manpower conditions, and (4) quality of life and infrastructure development, which carry equal weights. Second, the Shapley Values approach is used to construct alternative weights for the competitiveness index. Such approach measures the marginal contribution of a particular indicator used in the analysis and is embedded in solid mathematical and theoretical foundations. This serves as a robustness check to the Equal Weights approach. Third, the analysis includes a What-if competitiveness simulation exercise to identify the specific policy areas that each sub-national economy must focus on to improve its rankings.Intrinsically tied to the notion of competitiveness is the issue of maintaining a competitive exchange rate. Using real effective exchange rates as a proxy for competitiveness, this book also undertakes an empirical investigation of the impact of real exchange rates on foreign direct investment inflows at the sub-national level in India.This edition is recommended for academics, undergraduate and graduate students, and professionals interested in India's economic development.