Taking stock of the Sri Lankan economy and its intra-provincial development

For any economy, balanced regional development is as essential as overall national growth. This makes regular assessment of regional disparities, an important exercise for an evolving policy framework. The island nation of Sri Lanka is divided into nine provinces and 25 districts. While much attention has been given to study and address inter-provincial disparities, intra-provincial […]

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Are neighborhood visits skewed? The case of Singapore

Physical mobility patterns have the potential to offer insights into asymmetries of movement. And this matters for our understanding of segregation. Using GPS records for Singapore, research by ACI studies how mismatches in wealth and ethnic mix relate to daily neighborhood visits. In other words, authors quantify how neighborhood visits are affected by mismatches in […]

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India’s 2020 FDI restrictions: What it meant for China’s outward greenfield FDI

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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Chart of the Week February 24, 2023: China’s Tourism Rebound

Summary: China’s tourism industry has been hit hard in the past three years due to its zero-tolerance approach to Covid-19. According to the Ministry of Culture and Tourism, the nation’s tourism industry generated total revenue of RMB 6.63 trillion in 2019. The tourism revenue declined to RMB 2.23 trillion, RMB 2.92 trillion and RMB 2.04 […]

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A tiered approach to measuring digital competitiveness of Asian Economies

As digital transformations continue to happen at breakneck speeds around the world, the rise of the digital economy has become impossible to ignore. How long can you survive at work, school, or even otherwise without access to the internet? The value of the digital economy in our lives rests in answer to the question. As […]

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Chart of the Week February 10, 2023: NBFCs leading the charge in India’s digital lending

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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Chart of the Week January 27, 2023: Technology from home or abroad?

Summary: The residential status of patent applicants indicates the source of inventions in a country. Different technological development strategies of nations affect the structures of patent applicants’ profiles. For example, China’s favourable policies towards domestic innovation culminated in residents’ share in the country’s total patent filings at 90% in 2021. In contrast, 86% of Singapore […]

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Chart of the Week January 13, 2023: Infrastructure development in Indonesia and the Philippines

Summary: ACI’s ASEAN Economic Competitiveness Analysis finds differences in the performance of Indonesia and the Philippines’ infrastructure development. Indonesia performs better in physical infrastructure, while the Philippines performs better in technological infrastructure. Such disparities are intriguing since the countries face similar geographical challenges concerning infrastructure development. The countries also have similar standards of institutional quality […]

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What can online job postings say about the labor market dynamics in Singapore?

Online job postings complement official labor market data well and, therefore, reflect the skills and qualifications in demand in a timelier manner. A study by ACI uses job posting data from JobTech, Singapore’s leading AI talent intelligence startup, to monitor and understand local labor market dynamics. The data constitute nearly the entire universe of job […]

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Chart of the Week December 28, 2022: Guangzhou-Foshan Integration under GBA Policies

Summary: The Greater Bay Area strategy accelerated the “Guangzhou-Foshan Urban Integration”. The transportation time between the two cities shortened to about an hour, facilitating business expansion and labour flows. Around thirty-eight designated hospitals (thirty from Guangzhou and eight from Foshan) have shared the general medical insurance for residents in the two cities. The two cities […]

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