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 […]

Read More

Chart of the Week October 20, 2021: The pandemic in hindsight: Bali’s impetus for economic diversification

Chart of the Week October 20, 2021: The pandemic in hindsight: Bali’s impetus for economic diversification

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 […]

Read More

Chart of the Week August 2, 2021: Developed Countries Advocate More Liberalized Trade

Notes: Effective applied tariff is sourced from TRAINS Database through WITS and is UNCTAD adjusted. GDP per capita is computed using output-side real GDP at current PPPs (in mil. 2017US$) and Population (in millions) from PWT10.0. Summary: This week’s chart displays the negative correlation between a country’s per capita income and the level of import […]

Read More

Chart of the Week November 20, 2020: COVID-19 GDP and Second Waves

Summary: While governments around the world respond to the pandemic with various combinations of focus on health vs. economic costs, even those nations that have managed to recover from the pandemic see their economies continuing to suffer due to global trade decline. This week’s chart compares the weekly new COVID-19 cases per million population, and year-on-year real […]

Read More

Chart of the Week October 2, 2020: Asia’s GDP Growth and Synchronisation during SARS and COVID-19

Summary: In comparison with the SARS outbreak in 2003, the recent COVID-19 pandemic has caused a more synchronized decline in the GDP growth of China and ASEAN countries. This week’s ‘Chart of the Week’ focuses on the comparison between the economic impacts of China and ASEAN nations during the two pandemics. Highlights: Article By LI […]

Read More