2016 Annual Competitiveness Analysis and Growth Slowdown Analysis for ASEAN-10

Business & Finance, Economics, International Economics, Economic Development
Cover of the book 2016 Annual Competitiveness Analysis and Growth Slowdown Analysis for ASEAN-10 by Khee Giap Tan, Le Phuong Anh Nguyen, Trieu Duong Luu Nguyen, World Scientific Publishing Company
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Author: Khee Giap Tan, Le Phuong Anh Nguyen, Trieu Duong Luu Nguyen ISBN: 9789813226777
Publisher: World Scientific Publishing Company Publication: November 21, 2017
Imprint: WSPC Language: English
Author: Khee Giap Tan, Le Phuong Anh Nguyen, Trieu Duong Luu Nguyen
ISBN: 9789813226777
Publisher: World Scientific Publishing Company
Publication: November 21, 2017
Imprint: WSPC
Language: English

The book 2016 Annual Competitiveness Analysis and Growth Slowdown Analysis for ASEAN-10 begins by presenting the insights of Mr George Yeo, Former Minister for Foreign Affairs of Singapore, who provides a thoughtful reflection on identities and their continued relevance for policy-making. It then provides an update to the annual competitiveness analysis for ASEAN-10. Based on a rich dataset of 121 indicators, the study covers four environments of competitiveness: (1) Macroeconomic Stability, (2) Government and Institutional Setting, (3) Financial, Businesses and Manpower Conditions, and (4) Quality of Life and Infrastructure Development. It then presents each economy's strengths and weaknesses, and conducts "what-if" policy simulations to offer insights into the ASEAN economies. Furthermore, given prevailing worries about ASEAN economies falling into the "middle-income trap", growth slowdown analysis for the ASEAN economies is conducted. Through income-group specific econometric models, determinants of growth slowdown are identified and predictive probability of slowdown for each ASEAN economy is computed. Finally, progress of economic reforms in Cambodia, Laos, Myanmar and Vietnam is evaluated, from which policy implications for these countries' future development are drawn.

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The book 2016 Annual Competitiveness Analysis and Growth Slowdown Analysis for ASEAN-10 begins by presenting the insights of Mr George Yeo, Former Minister for Foreign Affairs of Singapore, who provides a thoughtful reflection on identities and their continued relevance for policy-making. It then provides an update to the annual competitiveness analysis for ASEAN-10. Based on a rich dataset of 121 indicators, the study covers four environments of competitiveness: (1) Macroeconomic Stability, (2) Government and Institutional Setting, (3) Financial, Businesses and Manpower Conditions, and (4) Quality of Life and Infrastructure Development. It then presents each economy's strengths and weaknesses, and conducts "what-if" policy simulations to offer insights into the ASEAN economies. Furthermore, given prevailing worries about ASEAN economies falling into the "middle-income trap", growth slowdown analysis for the ASEAN economies is conducted. Through income-group specific econometric models, determinants of growth slowdown are identified and predictive probability of slowdown for each ASEAN economy is computed. Finally, progress of economic reforms in Cambodia, Laos, Myanmar and Vietnam is evaluated, from which policy implications for these countries' future development are drawn.

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