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Full-Text Articles in Growth and Development

Going Beyond The ‘New Normal’ In Indonesia, Mari Pangestu, Philip Charles Zerrillo May 2015

Going Beyond The ‘New Normal’ In Indonesia, Mari Pangestu, Philip Charles Zerrillo

Asian Management Insights

The Republic of Indonesia’s former Minister of Trade and former Minister of Tourism and Creative Economy, Professor Mari Pangestu, talks about the country’s resilience, and going beyond the ‘new normal’, in this interview with Philip Zerrillo.


The Philippines Growth Story: Ground Realities Of Asean Integration, Bernardo M. Villegas May 2015

The Philippines Growth Story: Ground Realities Of Asean Integration, Bernardo M. Villegas

Asian Management Insights

Open policies, an attractive workforce and new market potential in the Philippines– all suggest a ‘take-off’ is underway.


Foreign Investors Are Finding Vietnam Increasingly Attractive, Tony Diep, Hawkins Pham May 2015

Foreign Investors Are Finding Vietnam Increasingly Attractive, Tony Diep, Hawkins Pham

Asian Management Insights

A new wave of mergers and acquisitions and foreign direct investments is coming into Vietnam thanks to macro stability, an emerging middle class and changes in Asia’s manufacturing landscape.


The Past And The Hopeful Future Of Vietnam’S Economy, Le Dang Doanh May 2015

The Past And The Hopeful Future Of Vietnam’S Economy, Le Dang Doanh

Asian Management Insights

Reform and integration are key for tapping Vietnam’s economic potential.


Asean: Growth In The Fast Lane, Edward Lee May 2015

Asean: Growth In The Fast Lane, Edward Lee

Asian Management Insights

ASEAN’s political, economic and demographic factors suggest a giant is awakening.


The Singapore Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, Aji Paramartha, Shihui Khee, Regina Unson, Sai Hein Apr 2015

The Singapore Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, Aji Paramartha, Shihui Khee, Regina Unson, Sai Hein

Institute of Societal Leadership Research Collection

Singapore has come a long way, since her beginnings as a sleepy fishing village and a tiny Malay settlement ruled by the Sultan of Johor. Sir Stamford Raffles first arrived in Singapore in 1819 and immediately recognised that its strategic location along the Straits of Malacca would be useful to the British in developing an alternative to challenge Dutch influence and monopoly in the region. During British colonial rule, Singapore developed into an important free port and trade city, an essential trait that continues to feature heavily in Singapore’s economic development to this day.


Timothy Ong [Brunei, Chairman Of Asia Inc Forum], Timothy Ong Mar 2015

Timothy Ong [Brunei, Chairman Of Asia Inc Forum], Timothy Ong

Digital Narratives of Asia

Timothy Ong is Chairman of Asia Inc Forum, a regional platform for policy and business dialogue which he set up after the failure of his magazine Asia Inc. Mr Ong talks openly to DNA about the Asia Inc episode and how he learned from those mistakes to build a stronger, better company. He also shares his impressions of leaders he has met through his work at Asia Inc Forum.


The Vietnam Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, John W. Ellington Mar 2015

The Vietnam Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, John W. Ellington

Institute of Societal Leadership Research Collection

Although most of Southeast Asia is home to religions and cultures carrying significant Indic influence, Vietnam alone is the mainland’s only Sinicised culture. Chinese emperors directly ruled northern Vietnam for most of the period spanning 111 BCE to 938 CE. The next eight hundred years saw a series of independent Vietnamese kingdoms administered by Chinese-style mandarins gradually extend control over and supplant the Indic Champa civilisation to the south—even as French incursions began chipping away at Vietnamese territory as early as 1858.


South Africa: Building For The Future, Singapore Management University Feb 2015

South Africa: Building For The Future, Singapore Management University

Perspectives@SMU

Africa’s second-largest economy seeks to get back on the road to growth


Indonesia’S Challenges, Singapore Management University Feb 2015

Indonesia’S Challenges, Singapore Management University

Perspectives@SMU

Supply side constraints will be key to how South East Asia’s largest country maintains the six percent growth it needs to tackle the poverty rate and grow


The Bandar Seri Begawan Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, Lai Cheng Lim Feb 2015

The Bandar Seri Begawan Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, Lai Cheng Lim

Institute of Societal Leadership Research Collection

Brunei, known as the “Abode of Peace”, is a small state in Southeast Asia located on the north-west coast of the island of Borneo in the Indonesian Archipelago. Its 161 kilometres of coastline faces the South China Sea while it is enclosed on land by the Malaysian state of Sarawak, which divides it in two. Brunei Darussalam comprises four districts, Brunei-Muara (where the capital Bandar Seri Begawan is situated), Tutong, Belait and Temburong.


Asia In 2015: A Lookahead, Singapore Management University Jan 2015

Asia In 2015: A Lookahead, Singapore Management University

Perspectives@SMU

Inequality, productivity, and good governance are the keywords for 2015


The “New Normal” In China, Singapore Management University Jan 2015

The “New Normal” In China, Singapore Management University

Perspectives@SMU

China's slowing growth and its dual identity of simultaneously being a developing and developed country will test the country’s leadership


The Malaysia Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, Natalia R. Rodrigues Jan 2015

The Malaysia Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, Natalia R. Rodrigues

Institute of Societal Leadership Research Collection

Malaysia’s story is one of pluralism. Like many nations in Southeast Asia, its borders are not drawn along ethnic lines. Immigration and the influence from colonial European powers were particularly prominent in Malaysia because of its many important ports. Thus, many aspects of the country – its economy, its people – are very different on the coasts than they are in the interior of the country, a distinction which generally mirrors the divide between urban and rural areas as well.


Asian Tiger Economies' Choices, Hwee Kwan Chow-Tan Jan 2015

Asian Tiger Economies' Choices, Hwee Kwan Chow-Tan

Research Collection School Of Economics

This paper considers the choices facing the Asian tiger economies regarding growth strategies that foster trans-Pacific rebalancing. A review of historical data spanning 2000 to 2008 reveals only a slight widening of the overall current account surplus but that there is considerable variation across the countries, with Hong Kong, China exhibiting the biggest increase in the saving and investment (S-I) balance. Meanwhile, cross-correlation coefficient estimates tentatively suggest that changes in the real effective exchange rate do not seem to exhibit a consistent negative lead over changes in the S-I gap in the short run over the past decade. Highimport leakage, …


The Vientiane Report: National Landscape, Current Challenges And Opportunities For Growt, Institute For Societal Leadership, Lai Cheng Lim Dec 2014

The Vientiane Report: National Landscape, Current Challenges And Opportunities For Growt, Institute For Societal Leadership, Lai Cheng Lim

Institute of Societal Leadership Research Collection

Laos is a small, landlocked, mountainous country in Southeast Asia. As a country, it shares borders with Myanmar and the People’s Republic of China to the Northwest, Vietnam to the East, Cambodia to the South and Thailand to the West.


The Dili Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, Lai Cheng Lim Dec 2014

The Dili Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, Lai Cheng Lim

Institute of Societal Leadership Research Collection

Timor-Leste, Asia’s newest nation, is located in Southeast Asia, on the southernmost edge of the Indonesian archipelago. The country was colonised by the Portuguese for over 450 years, occupied by the Indonesians for 24 years and administered by the United Nations for two and a half years. As a nation, Timor-Leste has had a very traumatic birth.


Emil Salim [Indonesia, Minister Of Environment], Emil Salim Nov 2014

Emil Salim [Indonesia, Minister Of Environment], Emil Salim

Digital Narratives of Asia

Emil Salim was part of the famed Berkeley Mafia who brought Indonesia out of its economic crisis in the mid-1960s. He later went on to become Minister of Environment in President Suharto's cabinet. He speaks to DNA about how he overcame obstacles in his career, even when he did have subject knowledge, and what it was like working with President Suharto.


Europe: Negotiating Changes Through Compromise, Singapore Management University Nov 2014

Europe: Negotiating Changes Through Compromise, Singapore Management University

Perspectives@SMU

Herman Van Rompuy, the outgoing President of the European Council, believes Europe can overcome its current challenges by doing what it does best: negotiate and compromise


It’S Not Will You Succeed? But Can You Afford To Fail?, Girija Pande Nov 2014

It’S Not Will You Succeed? But Can You Afford To Fail?, Girija Pande

Asian Management Insights

With India and China’s economic ties no longer defined only by trade, the countries’ convergence is opening up new opportunities and challenges for businesses on either side seeking to cross the Sino-Indian border.


Mind The Liquidity Gap: Building A Better Capital Market For You, Kaushik Rudra Nov 2014

Mind The Liquidity Gap: Building A Better Capital Market For You, Kaushik Rudra

Asian Management Insights

Asian banks in most jurisdictions are currently more than adequately capitalised with respect to Basel III. However, as they are called upon to support the region’s economic growth over the next decade, they are likely to run up against capital constraints.


Do Asian Conglomerates Offer Attractive Risk-Adjusted Returns?, Nandini Vijayaraghavan Nov 2014

Do Asian Conglomerates Offer Attractive Risk-Adjusted Returns?, Nandini Vijayaraghavan

Asian Management Insights

Research on a sample of seven Asian conglomerates shows that stocks of some of these companies not only outperformed the S&P 500, but also exhibited lower volatility.


Unleashing Asean's Potential Through Aec, Michael Zink Nov 2014

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 …


The Yangon Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, John W. Ellington Oct 2014

The Yangon Report: National Landscape, Current Challenges And Opportunities For Growth, Institute For Societal Leadership, John W. Ellington

Institute of Societal Leadership Research Collection

Since its independence from British rule in 1948, Myanmar has struggled with multiple obstacles, including a series of violent internal ethnic and sectarian conflicts, isolationist fiscal policies instituted by an increasingly distrustful military government and international sanctions and condemnation following government crackdowns in 1988 and 2007. In spite of all these setbacks, President Thein Sein’s decision in 2011 to liberalise the country’s political and economic systems has created a new wave of optimism for what was once commonly regarded as a failed state.


Sustaining Frugal Green Innovations, Singapore Management University Sep 2014

Sustaining Frugal Green Innovations, Singapore Management University

Perspectives@SMU

Sharing knowledge and acknowledging the innovativeness of those at the bottom of the economic pyramid is crucial


Singapore’S Competitiveness At Risk, Augustine H. H. Tan Jul 2014

Singapore’S Competitiveness At Risk, Augustine H. H. Tan

Research Collection School Of Economics

Singapore’s disappointing second-quarter growth of 2.1 per cent compared with the same period last year has raised concerns about the impact of economic restructuring. When compared with the last quarter, growth even dipped 0.8 per cent. At the same time, productivity performance has been dismal. After rising by 2.2 per cent in 2011, productivity dropped by 1.4 per cent in 2012 and another 0.2 per cent last year.


Commodity Super Cycles: A Reality Check, Maureen Derooij May 2014

Commodity Super Cycles: A Reality Check, Maureen Derooij

Asian Management Insights

Do commodity super cycles exist, or are we simply seeing patterns in randomness? More importantly, are we in the middle of one that is showing signs of going bust?


Dynamic Poverty Decomposition Analysis: An Application To The Philippines, Tomoki Fujii Feb 2014

Dynamic Poverty Decomposition Analysis: An Application To The Philippines, Tomoki Fujii

Research Collection School Of Economics

In this paper, we propose a new method of poverty decomposition. Our method remedies the shortcomings of existing methods and has some desirable properties such as time reversion consistency and subperiod additivity. It integrates the existing methods of growth redistribution decomposition and sector-based decomposition, because it allows us to decompose the change in poverty into growth and redistribution components for each group (e.g., regions or sectors) in the economy. We extend our method to include six components and provide an empirical application to the Philippines for the period 1985–2009.


Levers For Change -- Philanthropy In Select South East Asian Countries, Prapti Upadhyay Anand, Crystal Hayling Jan 2014

Levers For Change -- Philanthropy In Select South East Asian Countries, Prapti Upadhyay Anand, Crystal Hayling

Lien Centre for Social Innovation: Research

Explosive economic growth in South East Asia has resulted in unparalleled wealth creation. Forbes magazine reports there are 386 billionaires in the Asia Pacific region. While the region’s emerging economies report hopeful signs of a broadening middle class, income inequality is rising faster than living standards for the majority. There is widespread agreement that the stark income disparity must be addressed or it risks threatening political and social stability. For those interested in the social economy, key questions remain unanswered: first, will philanthropic giving match the fast pace of wealth accumulation, and second, will that philanthropy be strategic and targeted …


China At The Crossroads, Singapore Management University Oct 2013

China At The Crossroads, Singapore Management University

Perspectives@SMU

When villagers in Wukan village (乌坎) in Southern China protested against illegal land grabs in September 2011, it highlighted a main source of tension in China: the displacement of rural Chinese by rapid urbanisation, sometimes done illegally. The Seige of Wukan was a case in point, where local Communist Party officials had sold communally held farmland