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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Has China’s GBA Achieved the Desired Economic Momentum in Guangdong?

Urbanization – manifested through level of infrastructure development, perception of businesses, and state of labor market – has the potential to catalyze economic growth and improve human capital outcomes.  In 2017, the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) into a megalopolis was codified in a government report in China. GBA consists of […]

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Chart of the Week July 15, 2022: Greater Bay Area Integration: Reallocation of Foreign Direct Investments

Summary: The Chinese government officially launched the integration of the Greater Bay Area in 2017, with the aim of building Hong Kong, Macau and nine mainland cities into a competitive urban agglomeration. With the advancement of this strategy, inward FDI flows increased to other GBA cities as well.  Post the Covid-19 pandemic, the recovery in […]

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Chart of the Week January 14, 2022: FDI in the GBA Ecosystem: Core vs Node Cities

Summary: To propel the economic development of the Greater Bay Area, China’s State Development and Reform Commission signed the “Framework Agreement on Deepening Guangdong-Hong Kong-Macao Cooperation in the Development of the Greater Bay Area” in 2017. The involvement of Guangdong, Hong Kong, and Macau governments in this agreement marks the beginning of integrated development in […]

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Uneven Post-Pandemic Recovery Amongst China’s Mainland Economies

Despite the global economic decline that was experienced in 2020 due to the COVID-19 pandemic, China saw positive overall economic growth. However, it is seen that there are uneven rates of recovery between sub-national economies, especially pertaining to the secondary and tertiary sectors. Like most countries, China too had resorted to pandemic control policy measures […]

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Chart of the Week September 24, 2021: India’s Greenfield Investments from East Asia post New FDI Rules

Summary: Since the November 2015 launch of the automatic route for foreign direct investments under the ‘Make in India’ initiative, greenfield FDI flows to India increased substantially. FDI through the automatic route does not require approval from the Government of India. The eased FDI norms enabled India to become the 9th largest recipient of FDI […]

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Chart of the Week August 13, 2021: How does ASEAN view China’s economic influence?

Summary: As souring relations between the United States and China continue to take center stage and grab all the geopolitical headlines, attention on ASEAN has increased. The region has become subject to a geopolitical tug of war, and despite its protestations, are being increasingly pressured to choose between the two superpowers. This situation makes research […]

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Book Launch: Annual Competitiveness Analysis and Impact of COVID-19 on 34 Greater China Economies

Despite being hit by the COVID-19 pandemic, China’s economy expanded by 2.3 percent in 2020. The government effectively controlled the spread of the coronavirus through strict lockdowns and other social distancing measures. Fewer face-to-face activities also led to increased online activities and, therefore, a burgeoning digital economy. For the successes it achieved despite a health […]

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