Chart of the Week | January 27, 2023

TECHNOLOGY FROM HOME OR ABROAD?

The residential status of patent applicants indicates the source of inventions in a country.  


Featured Research

What can online job postings say about the labor market dynamics in Singapore?

Online job postings complement official labor market data well and, therefore, reflect the skills and qualifications in demand in a timelier manner. A study by ACI uses job posting data from JobTech, Singapore’s leading AI talent intelligence startup, to monitor and understand local labor market dynamics. The data constitute nearly the entire universe of job…

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The Debate on International Trade and Wage Inequality Continues: The Case of Mexican Firms and Competition from China

International trade has been rightfully touted as an engine of economic growth, but its impact on the labor market might differ among different economies. Over the last few decades, China’s unsurpassable growth numbers have caught the world’s attention. The labor-intensive economy of China has been the focus of numerous international trade studies, with the impact…

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How difficult is it to balance purpose with profit? Know it from Singapore’s B Corps

Paradoxically, in today’s times of increased sensitivity to environmental issues, businesses with clear loyalty to sustainability are subject to more scepticism than ordinary corporations. A study by ACI surveyed 12 (out of 19) B corporations in Singapore to understand the challenges faced by these companies, and strategies employed to cope with them. The Certified B…

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Investment, Infrastructure, ICT in Jakarta: Emergence from Covid-19 and Development Outlook

Jakarta’s massive infrastructure development and growing digital sector kept the economic slump at bay during the covid-19 pandemic. A recent study by ACI tracks Jakarta’s emergence from the pandemic and its socioeconomic progress vis-à-vis the province’s medium-term development plan (RPJMD). It finds that the province’s digital sector showed resilience amidst the economic contraction induced by…

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From digital to real economies: Lessons from Singapore’s Digital Economy Agreements

As digitalization tightens its grip on the world economy, countries have sought to enhance and deepen their digital cooperation. Proliferating digital trade and the limited scope of digital commitments in the trade agreements paved the way for Digital Economy Agreements (DEA). DEAs are inter-governmental treaties that “establish digital trade rules and allow for digital economy…

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Taking stock of Central Bank Digital Currencies (CBDCs): Asia and beyond

ACI hosted a webinar CBDC and the Digital Economy: Insights for Asian Emerging Markets on September 28th, 2022. Dr. Taojun Xie was the moderator, Prof. Yiping Huang and Dr. Ammu George were the presenters. On the panel were industry experts – Her Excellency Dr. Serey Chea, Dr. Taimur Baig, and Dr. Xuan Wang. Dr. Xie…

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Indonesia’s Riau Islands turn the corner: A deep dive into its post-pandemic emergence and growth

An essential determinant of a region’s resilience to the pandemic is its socioeconomic composition. A recent study by ACI evaluates Indonesia’s Riau Islands’ emergence from the pandemic by tracking the province’s socioeconomic development vis-à-vis the provincial government’s Regional Medium-Term Development Plan (RPJMD). It finds that Riau Islands “emerged relatively unscathed due to its reliance on…

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Book Launch | 2021 Annual Indices for Expatriates and Ordinary Residents on Cost of Living, Wage and Purchasing Power for World’s Major Cities

This annual study analyses the cost of living, wages and purchasing power for expatriates and ordinary residents across 104 major cities in the world. In this edition, ACI has found that New York, Los Angeles, Zurich, Hong Kong, and Geneva continued to be the top-5 cities in the ranking for expatriates’ living costs. Whereas, for…

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Book Launch | Digitalising ASEAN: A Competitiveness Analysis

2021 has tested the ability of the AMS to weather a crisis. As the COVID-19 pandemic drags on, disruptions to the global economy continue to cast a shadow upon the development of ASEAN. Amidst this, the economies of ASEAN have made the digital economy a key component of their strategy to achieve a new phase…

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How are Indonesia and Malaysia traversing the bumpy road to renewable energy?

Gone are the days when climate change was talked about in future tense – it is happening now and happening fast. With more extreme weather events battering the region, Southeast Asia (SEA) must champion not only disaster anticipation and preparedness but also disaster mitigation equally well. As energy consumption in the region is projected to…

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Book Launch | Shaping the Post-Pandemic Recovery: Annual Sub-national Competitiveness Analysis of India

2021 was a tough year for many Indian households, the national healthcare system, and the government due to the second wave of the COVID -19 outbreak. The ‘Delta’ variant outbreak dampened the country’s economic recovery. However, the impact of the second wave on economic growth was less adverse than the previous one. After contracting by…

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Book Launch | Annual Competitiveness Analysis on 34 Greater China Economies and FDI Development in Greater Bay Area

The second year into COVID-19 has witnessed the continued disruption of the global supply chain. Despite the challenges from international uncertainties, China has continued to support globalisation through statements and actions and further opened up its economies. In 2021, China’s total trade volume and realised foreign direct investment (FDI) reached RMB 39.1 trillion and RMB…

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Reckoning the circumference of ASEAN’s Circular Economy Framework

The ‘take, make, dispose’ approach that formed the bedrock of the linear economy has come under scrutiny with a growing focus on circular economy. With countries moving to build their own capabilities, regional groupings too have sought to address the issue collectively. As such, the Association of Southeast Asian Nations (ASEAN) has launched the Framework…

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Missing Information in PATSTAT Database? Impute it!

Data quality is paramount for educated decision-making for businesses, governments, academics and individuals alike. When data is not complete, its analyses lead to biased results which could have far-reaching consequences. PATSTAT, a global database of patent statistics published by European Patent Office (EPO), draws on data from over 100 million patents from 196 patent offices…

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