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 […]
As Bali reopens its borders after an 18-month hiatus, how will Bali regain its economic momentum? What are the drivers of future growth and economic resilience? ACI’s recent webinar titled “Bali’s Roadmap to Recovery: Post-Pandemic Economic Strategies”, hosted on Thursday, 21 Oct 2021 in collaboration with Universitas Pendidikan Ganesha, tackled this issue in depth. Speakers […]
Summary: The global travel disruption had cascading effects on tourism and the supporting sectors in Bali. This week’s chart portrays Bali’s vulnerability to the worldwide border closure amid COVID-19 and underlines potential areas for diversification. Bali’s economy contracted by 9.3% in 2020, one of the worst-hit provinces in Indonesia. The loss of tourism revenue scraped […]
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 […]
Singapore’s continuous efforts to position itself as an innovation-driven and knowledge-based economy has been a prime priority in recent years. Over the past two decades, the Singapore government has undertaken a structural approach towards investments in Research and Development (R&D), through Research, Innovation and Enterprise plans, which are established every five years to dynamically work […]
Summary: There is a stark disparity in the percentage of COVID-19 vaccine doses administered across Indian states. At the aggregate level, around 513 million total vaccine doses have been administered. However, this week’s chart shows that percentage of doses calculated by dividing the total doses administered by the latest estimated population available is more than 70% across […]
ACI recently hosted a webinar titled “Valuation of Travel Bubbles: Assessing Cooperative Travel Arrangements in a Pandemic” on Tuesday, 10 Aug 2021. In the webinar, Dr Xie Taojun presented the latest ACI research paper “Impact of Travel Bubbles: Cooperative Travel Arrangements in a Pandemic”, co-authored with Dr Wang Jiao and Liu Shiqi. The research evaluates […]
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 […]
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 […]
India has been severely impacted by the COVID-19 pandemic. The nationwide lockdown imposed during April and May 2020 had an adverse impact on the manufacturing, construction, mining, trade, tourism and transportation industries. This led to the contraction of the quarterly GDP by 23.9 percent in the April-June quarter of 2020. To counter the adverse economic […]
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