Singapore had been one of the nations severely affected by the 2008-09 global financial and economic crisis. The city state came under pressure through the financial, trade, and confidence channels. To counter these shocks, Singapore policymakers undertook unprecedented monetary and fiscal policy measures. They subsequently charted a revival strategy that would help the country emerge stronger after the crisis. These all-encompassing policies together with the global economic recovery in 2009 helped the city state bounce back faster and stronger than many other regional economies. This book...
Singapore had been one of the nations severely affected by the 2008-09 global financial and economic crisis. The city state came under pressure throug...
The term Middle-Income Trap refers to countries which stagnate economically after reaching a certain level of per capita income on the basis of labour- and capital-intensive growth, and are struggling to transition towards more skill-intensive and technology-driven development. It has resonance for the increasing number of countries in Asia who have either languished in middle-income status for extended periods of time, or are worried about growth slow-downs.
This book sets outs the conceptual underpinnings of the Middle-Income Trap and explores the various ways it can be defined. It...
The term Middle-Income Trap refers to countries which stagnate economically after reaching a certain level of per capita income on the basis of lab...
The ten Southeast Asian economies reached a milestone when they announced the formation of an ASEAN Community. The economic pillar of this community has generated immense debate, due to its expected quantifiable benefits to member countries. This book focuses on the ASEAN Economic Community and explains the need for building domestic consensus within the member countries.
The ten Southeast Asian economies reached a milestone when they announced the formation of an ASEAN Community. The economic pillar of this community h...
Asia has witnessed a proliferation of free trade agreements (FTAs) since the turn of the millennium. Each of them aims to achieve greater trade and investment liberalization and facilitation and more harmonized trade and investment rules. This book examines these regional agreements, their economic and strategic rationales and challenges during negotiations and afterwards.
Asia has witnessed a proliferation of free trade agreements (FTAs) since the turn of the millennium. Each of them aims to achieve greater trade and in...
Expectations of tangible benefits under an ASEAN Economic Community have attracted much attention though many of the initiatives will be realized post-2015. To aid in understanding the beginnings, development, and potential of these grand plans, this collection of 22 essays offers a rich analysis of ASEAN's own economic integration and other related initiatives.
Expectations of tangible benefits under an ASEAN Economic Community have attracted much attention though many of the initiatives will be realized post...
