Chart of the Week September 10, 2021: Enabling the Digital Economy: – Leapfrogging in Asia’s Infocomm Infrastructure

Summary In Asia, where there is a clear recognition of the benefits of broad digital access, we see that there are signs of rapid technological leapfrogging in Infocomm infrastructure. The Service Penetration Rate of at least LTE/WiMAX mobile networks in Asia has ballooned rapidly in the brief period between 2015 – 2019. In most of […]

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Book Launch: Annual Competitiveness Analysis and Impact of COVID-19 on ASEAN

2020 has proven to be a tumultuous year for the world. The Association of Southeast Asian Nations (ASEAN), as a highly internationalized region, is naturally not spared from events. At the time of writing, vaccines for the virus have begun to be distributed worldwide in the hopes of containing the virus. Meanwhile, new and more […]

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Book Launch: Economic Impact of COVID-19 on Three Asian Tigers

It has been over a year since the onset of COVID-19. Governments around the world have undergone an unprecedented challenge to contain the pandemic while minimizing the economic costs. Policy responses have been vastly different across countries, from strict quarantine measures in China, to minimal economic intervention in Sweden. Despite varying degrees of stringency, these […]

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Chart of the Week June 11, 2021: Government’s AI Readiness vs. Citizen’s awareness of AI-Related Topics

Click for enlarged image | Graphic by Ge Yixuan Summary  Artificial Intelligence (AI) has become one of the key forces shaping the digital economy today. Yet, countries are not equally ready to capture and maximise AI’s vast potential, leaving economic value on the table. The Oxford Government AI readiness Index measures the capacity of national governments to harness the full potential of AI in their delivery of public services […]

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China, Taiwan, and Regional Trade Integration

As the world evolves into an increasingly interconnected community, multinational corporations (MNCs) and regional trade agreements (RTAs) play an integral role in shaping the changing economic landscape. In 2014, MNCs accounted for 55% of global exports and 49% of imports, with a large part consisting of intermediate goods trade within MNC networks. According to WTO’s Regional Trade […]

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Chart of the Week Mar 12, 2021: The Relevance of Competitiveness & Development to COVID-19 Severity in ASEAN

Summary:  Of the eight ASEAN Member States where deaths have been reported, Singapore has the lowest case fatality rate despite having the highest number of cumulative COVID-19 cases per million population. Malaysia and Thailand also note comparatively lower case fatality rates despite having higher proportions of elderly in the population. Asia Competitiveness Institute (ACI)’s Annual ASEAN Competitiveness Index was found […]

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CHART OF THE WEEK DEC 18, 2020: ASEAN’s Digitalisation in the Age of RCEP

Summary The highest potential for growth and recovery stemming from the Regional Comprehensive Economic Partnership (RCEP) is linked to e-commerce and digital trade. Particularly for small and medium-sized enterprises (SMEs), the digital economy is a symbol for rapid and accessible opportunities to connect with suppliers, consumers, and partner firms. This week’s chart of the week […]

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What’s the Big Deal with RCEP?

Both in size and significance, the recently signed Regional Comprehensive Economic Partnership (RCEP) is big for the Association of South East Asian Nations (ASEAN). The new trade deal was signed on November 15th, 2020 after almost a decade of negotiations and brings together all 10 members of the Association of South East Asian Nations (ASEAN) along with Australia, […]

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CHART OF THE WEEK Nov 6, 2020: Coronavirus Stock market Crash in Asia

Summary:   The ‘Coronavirus Crash’ was the sudden global stock market crash that occurred on 20 February 2020, following the spread of the Covid-19 pandemic. Stock market performance post the crash exhibits a K-shaped recovery. Based on benchmark equity index closing price data from Wall Street Journal Markets, this week’s chart depicts the disparities in stock market recoveries of selected Asian economies.  Highlights:  China and Korea have outperformed the other countries and […]

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A Renewed Look at Asia’s Production Networks

Two decades after the outbreak of SARS, Asia is confronted with another serious epidemic, COVID-19. As with the SARS episode, soon after the COVID-19 outbreak in China, ASEAN was one of the first regions intensely affected due to its close geographical proximity to China, and the extensive business, travel, tourism, and supply chain links between the nations. Aside from the human costs, economies have also severely suffered. Intuitively, one may […]

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