Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore
In times of uncertainty, such as the Covid-19 pandemic, policymakers are compelled to make high-risk and quick decisions that may go against their broader policy mandates. At the onset of the pandemic, the Indian government mandated a clearance requirement for new FDI projects from land-border sharing economies. It was widely understood that these new FDI […]
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Summary: Credit markets underwent tremendous technological transformation post the global financial crisis. While banks and other traditional lenders continue to be the main source of financing for households and firms, other alternative forms of financing, like digital lending, are gaining ground. Such “FinTech credit” provides direct credit access or facilitates credit access through online platforms. […]
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Summary: Collaboration with overseas inventors has become an important driver for invention in Singapore. Singapore’s partnerships with overseas inventors increased by 34% compared to the previous decade. The United States remains Singapore’s most dominant partner, with one-third of all overseas co-inventor patent families. In addition, China, Germany, and India have achieved more invention collaborations in […]
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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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Summary: Over the past few years, digital payments witnessed exponential growth in India, driven by payments via the Unified Payments Interface (UPI) which was launched as a pilot project in 2016 by the National Payments Corporation of India (NPCI). The volume and value of UPI-based transactions grew by 50 and 75 times, respectively from FY […]
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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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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 […]
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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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Summary: The on-going second wave of the COVID-19 pandemic in India is one of the worst that the world has seen. The country has been reeling under the devastation caused by crumbling healthcare system and lack of medical and oxygen supplies. That said, the dire situation is not uniform in all parts of the country with […]
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India’s deadly second wave of coronavirus has left millions of its population infected and has placed extreme stress on the nation’s crumbling healthcare system. At its peak on 8th May 2021, India recorded more than 400,000 cases in a single day, accounting for over half the world’s daily cases and setting a global record that no country wants. According to […]
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