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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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 […]

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Special Economic Zones in Indonesia: Progress and Challenges during the Pandemic

As Indonesia joins other countries in charting its economic recovery beyond the pandemic, economic onlookers have been keenly watching the country’s special economic zones. The Nongsa Digital Park in Batam was recently endorsed as a Special Economic Zone (SEZ) by President Joko Widodo- This signals the central government’s support for regional and international businesses looking […]

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China, Taiwan, and Regional Trade Integration

As the world evolves into an increasingly interconnected community, multinational corporations (MNCs) and regional trade agreements (RTAs) play an integral role in shaping the changing economic landscape. In 2014, MNCs accounted for 55% of global exports and 49% of imports, with a large part consisting of intermediate goods trade within MNC networks. According to WTO’s Regional Trade […]

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CHART OF THE WEEK May 7, 2021: ASEAN-6 ICT Goods Exports

Summary The digitalization waves during the COVID-19 pandemic generated higher demand for information and communication technology (ICT) goods such as silicone chips, electronic components, and communication equipment. Riding on this trend, this week’s chart reflects ASEAN-6 countries’ positions in the ICT goods exports.  Highlights The ICT goods exports in Singapore is the highest in the region, followed by Viet Nam and Malaysia.  As one of the most advanced and digitalized economy in ASEAN, Singapore continues to […]

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Chart of the Week Mar 5, 2021: UK Trade with Selected ASEAN Nations

Summary:  The United Kingdom’s post-Brexit trade policy sheds a bright light upon opportunities for deeper ties with the ASEAN region. Jon Lambe, the U.K. ambassador to ASEAN has outlined that ASEAN is high priority for them. The U.K. government has already successfully become a dialogue partner with ASEAN earlier in 2021 and is also looking […]

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Chart of the Week Jan 15, 2021: ASEAN Export and Import Clearance Times

Sluggish customs and documentation clearance times are significant hurdles to the achievement of seamless trade within ASEAN. This week’s chart illustrates the average export and import clearance times in terms of border and documentary compliances. The data is sourced from the World Bank’s ‘Doing Business’ database, which records the time and cost associated with the logistical process of exporting and importing goods in 2019 via questionnaires administered on local freight forwarders, customs brokers, […]

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CHART OF THE WEEK DEC 18, 2020: ASEAN’s Digitalisation in the Age of RCEP

Summary The highest potential for growth and recovery stemming from the Regional Comprehensive Economic Partnership (RCEP) is linked to e-commerce and digital trade. Particularly for small and medium-sized enterprises (SMEs), the digital economy is a symbol for rapid and accessible opportunities to connect with suppliers, consumers, and partner firms. This week’s chart of the week […]

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What’s the Big Deal with RCEP?

Both in size and significance, the recently signed Regional Comprehensive Economic Partnership (RCEP) is big for the Association of South East Asian Nations (ASEAN). The new trade deal was signed on November 15th, 2020 after almost a decade of negotiations and brings together all 10 members of the Association of South East Asian Nations (ASEAN) along with Australia, […]

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