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Full-Text Articles in Social and Behavioral Sciences
Unleashing Asean's Potential Through Aec, Michael Zink
Unleashing Asean's Potential Through Aec, Michael Zink
Asian Management Insights
The Association of Southeast Asian Nations (ASEAN) has set an ambitious goal to integrate the economies of its ten members by 2015, a move that is aimed at boosting the bloc’s competitiveness and creating development across the region that is more equitable. With the target date for Southeast Asia's countries to create a single economic market just months away, increasing attention is being paid to the region's vast economic potential. If successful, the formation of the ASEAN Economic Community (AEC) will not only create one of the world’s largest integrated economic spheres, but will add vastly to the appeal of …
‘Educating Indonesia’ And The Minister Who’S Making It Happen, Singapore Management University
‘Educating Indonesia’ And The Minister Who’S Making It Happen, Singapore Management University
Perspectives@SMU
Energy and optimism were highlights of the recent speech given by Indonesia’s Trade Minister Gita Wirjawan during the SMU Presidential Distinguished Lecturer Series. While the optimism may be rooted deeply in the potential of Indonesia’s current demographic — more than 30 percent of its population is aged between 19 and 24, and more than 50 percent is under 29, making it one of the youngest productive populations in the world — its economic success story is fact, reflected in its G-20 membership, where it is the second fastest growing economy.Yet much remains to be done to unleash the full potential …
Payroll Taxes, Wealth And Employment In Neoclassical Theory: Neutrality Or Nonneutrality?, Hian Teck Hoon
Payroll Taxes, Wealth And Employment In Neoclassical Theory: Neutrality Or Nonneutrality?, Hian Teck Hoon
Research Collection School Of Economics
The theoretical proposition that temporarily below-normal tax rates on labor this year, when merged with the prospect of reversion to normal rates next year, will encourage households to squeeze more work into this year and to work less in future years is well-founded. This proposition was recently tested anew on Icelandic data and performed well empirically (Bianchi, Gudmundsson, and Zoega 2001). But would a permanent cut in tax rates on labor encourage more work permanently—with no diminution of effectiveness? Conversely, does a permanent increase in tax rates on labor cause a permanent decline in hours worked?
Payroll Taxes, Wealth And Employment In Neoclassical Theory: Neutrality Or Non-Neutrality?, Hian Teck Hoon
Payroll Taxes, Wealth And Employment In Neoclassical Theory: Neutrality Or Non-Neutrality?, Hian Teck Hoon
Research Collection School Of Economics
The theoretical proposition that temporarily below-normal tax rates on labor this year, when merged with the prospect of reversion to normal rates next year, will encourage households to squeeze more work into this year and to work less in future years is well-founded. This proposition was recently tested anew on Icelandic data and performed well empirically (Bianchi, Gudmundsson and Zoega (2001)). But would a permanent cut in tax rates on labor encourage more work permanently—with no diminution of effectiveness? Conversely, does a permanent increase in tax rates on labor cause a permanent decline in hours worked?
The Multiplier Effect: Singapore's Hospitality Industry, Habibullah Khan, Sock-Yong Phang, Rex S. Toh
The Multiplier Effect: Singapore's Hospitality Industry, Habibullah Khan, Sock-Yong Phang, Rex S. Toh
Research Collection School Of Economics
Tourism's contribution to Singapore's economy has increased over time. Tourism contributed 11.9% to Singapore's GDP in 1992, about half of that from direct revenues. Indirect and induced sources contributed about equally to the other half. While the direct effect of tourist expenditures on the Singapore economy are predominant, the indirect and induced effects are also significant, indicating strong sectoral linkages within the local economy, especially with respect to the hospitality industry.