The Case of Singapore I. Introduction Considerable attention has been paid in the literature on the issues of direction, composition and linkages in international trade flows, at both the bilateral and multilateral levels. However, little attention...
This article analyses the issue of differences in the measurement of international trade flows at a bilateral level in the context of Singapore. Using the Trade Difference (TD) Statistic a la Blades and Ivanov (1985), discrepancies in reported international...
I am deeply grateful to the ASEAN Business Forum for inviting me to join you at this luncheon on the occasion of the meeting of ABF's Board of Governors. I thank in particular Mrs. Jannie Tay, your president-our president, as I am proud to serve as...
I am deeply grateful to the ASEAN Business Forum for inviting me to join you at this luncheon on the occasion of the meeting of ABF's Board of Governors. I thank in particular Mrs. Jannie Tay, your president-our president, as I am proud to serve as honorary...
Links between Foreign Direct Investment and Regulatory Change I. Introduction Foreign direct investment (FDI) was revealed by the Asian crisis to be a relatively stable form of capital compared to foreign portfolio investment and short-term foreign...
Using data gathered directly from Japanese, European and U.S. firms with investments throughout ASEAN, this article shows that multinational firms uniformly anticipated Asian crisis-induced reforms that would beneficially affect overall investment environments....
Presentation of H. E. Rodolfo C. Severino, Secretary-General Of the Association of Southeast Asian Nations, At the 1st Symposium on ASEAN-Andean Cooperation in the New Millennium Bangkok, 8 May 2000 The Association of Southeast Asian Nations and...
Presentation of H. E. Rodolfo C. Severino, Secretary-General of the Association of Southeast Asian Nations, at the 1st Symposium on ASEAN-Andean Cooperation in the New Millennium Bangkok, 8 May 2000 The Association of Southeast Asian Nations and the...
A Siamese Tragedy. By Walden Bello, Shea Cunningham and Li Kheng Poh. London: Zed Books, 1998. 256 pp. Sub-titled "Development and Disintegration in Modern Thailand", A Siamese Tragedy depicts various disappointments and adverse side-effects in Thailand's...
Keynote Address by H. E. Mr. Rodolfo C. Severino, Secretary-General of the Association of Southeast Asian Nations, at the ASEAN Regional Workshop on Building Knowledge Societies Kuala Lumpur, 26 January 2000 There are, at this time, few things more...
There are, at this time, few things more urgent or more important for ASEAN - or for any nation or region - than building "knowledge societies." ASEAN's leaders have recognized this. In the plan of action that they adopted in Hanoi in December 1998,...
I. Introduction Recent high exchange rate fluctuations in the sphere of growing trade and financial liberalization have attracted a great deal of interest from both economists and policy-makers. Of particular interest has been the question of domestic...
The article analyses the interactions between stock prices and exchange rates in Malaysia, using bivariate as well as multivariate cointegration, and the Granger causality test. In the analysis, three exchange rate measures are used: the real effective...
Competitiveness of the Singapore Economy: A Strategic Perspective. Edited by Toh Mun Heng and Tan Kong Yam. Singapore: Singapore University Press and World Scientific, 1998. Pp. 354. Singapore has come a long way in an economic sense to attain one of...
Statement of Mr. Rodolfo C. Severino, Secretary-General of the Association of Southeast Asian Nations, at the Greater Mekong Sub-region Business Workshops Bangkok, 10 February 2000 Efforts to develop the Mekong Sub-region far antedate ASEAN. The...
French and Japanese Economic Relations With Vietnam Since 1975. By Heinrich Dahm. Surrey, UK: Curzon Press, 1999. Pp. 193. This book provides an evaluation of the strategies employed by France and Japan in conducting economic relations with Vietnam over...
Some Evidence from the Singapore-Johor Agglomeration I. Introduction During recent decades there has been a renewed interest in understanding innovation and learning in regional agglomerations. Learning has become one of the most popular concepts...
This article investigates at an empirical level the processes of collective learning and cooperation in a dynamic cross-border cluster of innovative technology-intensive small and medium-sized enterprises (SMEs), namely the Singapore-Johor area in the...
I. Introduction A well-known area of debate in economics literature has been the precise relationship between money and income. This article addresses and tests for any empirical relationship between money and income in Singapore. Other things being...
I. Introduction There is a long tradition of government intervention in Indonesia's industrialization and economic development. A state-led development strategy has been pursued since independence, partly as a result of a general mistrust of market...
Indonesia, like many other countries in Southeast Asia, has actively promoted the automotive industry. The governmental interventions have ranged from tariffs and non-tariff barriers to various local content programmes. As a result, imports of ready...
Arndt, H. W. and Hal Hill, eds. Southeast Asia Economic Crisis: Origins, Lessons and the Way Forward. Singapore: Institute of Southeast Asian Studies, 1999. The Asia Competitiveness Report, 1999. Geneva: World Economic Forum, 1999. Aviel, JoAnn...
Singapore: Towards a Developed Status. Edited by Linda Low. Singapore: Centre for Advanced Studies, National University of Singapore and Oxford University Press, 1999. Pp. 401. Singapore: Towards a Developed Status is an ambitious book. It focuses on...