The global financial crisis of 2008-2009 offers a rare opportunity for many economies to undertake wide-ranging structural reforms to improve productivity and economic efficiency.
Asia should not be dissuaded by the European challenges. Yet, Asia should not rush to integrate either.
It is up to policy makers to unlock the enormous potential of services in the People’s Republic of China.
The Association of Southeast Asian nations has introduced the regional rice reserve, the multi-stakeholder rice trade forum, and market information and sharing. These approaches have the potential of building confidence in rice trade and helping people get fed.
How Social Enterprises Contribute to Training and Job Creation: Examples from the United Kingdom and Asia
Social enterprises play an important role in building human capital and creating a more inclusive labor market. They also inject new talent into the services sectors that face a growing shortage of appropriately skilled workers.
With Asia’s continuing rise and growing impact on the global economy, regional cooperation and integration (RCI) is expanding, bringing with it both benefits and costs. To sustain region-wide economic growth, an integrated market for the free flow of trade and investment across the region is necessary.
Regional cooperation and integration (RCI) has played an important role in Asia’s growth and development, and will have to play a role in managing the consequences of this ascendancy going forward.
The rise of mega-regionals such as the Regional Comprehensive Economic Partnership (RCEP) and the Trans-Pacific Partnership (TPP) suggest that the world trade system is fragmenting to appear more like a jigsaw puzzle than a spaghetti bowl. How do we resolve the growing mess?
Myanmar opened a new chapter in its history in November 2010 when it adopted its open-economy policy. Since then, an impressive array of reforms have been implemented. However, Myanmar’s sustainable and inclusive growth depends on it maintaining this momentum during its transition —particularly inflows of foreign direct investment.
Over the past couple of decades, no one can deny that the Asia and Pacific region has represented a remarkable success story. Absolute poverty levels have fallen significantly and the region is on course to achieve a number of Millennium Development Goals (MDGs).