This study explored the relative competitiveness of the ASEAN countries by simulating the MRW model using the Penn World Table (PWT) 7.0. The calibration of MRW model employed the seemingly unrelated regression (SUR) of the family of simultaneous equations model (SEM) technique to address the...

ABSTRACT & RÉSUMÉ & ZUSAMMENFASSUNG : The ASEAN summit of October 2021 showed the increased geopolitical importance of the Indo-Pacific realm. Today ASEAN is the most successful regional organization in Asia and the second largest worldwide behind the EU. The establishment of the New...

ABSTRACT & RÉSUMÉ & ZUSAMMENFASSUNG : The ASEAN summit of October 2021 showed the increased geopolitical importance of the Indo-Pacific realm. Today ASEAN is the most successful regional organization in Asia and the second largest worldwide behind the EU. The establishment of the New...

Objective: The objective of the article is to investigate the extent and level of sufficiency economy philosophy (SEP) practice, the performance measured by the balanced scorecard (BSC) of small and medium-sized enterprises (SMEs) in Thailand, and to test the influence of SEP practice on SMEs’...

This paper studies the political and economic evolution of trade and international relations of the nations and regions of Asia between themselves and the rest of the world over the past millennium, paying particular attention to: the Pax Mongolica and overland trade during the Middle Ages; the...

Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a planned economy to a market economy at the end of 1978....

The central theme of this paper is that the Indian economy has been remarkably resilient and been able to adapt its quest for growth to changes in circumstances in both the domestic and the global economy and is now poised for sustained progress. At the time of independence after centuries of...

This paper provides narrative background on economic and political development of the 11 countries in Southeast Asia. It shows that post-World War II development experience, economic policies, and current economic performance in each country have deep historical roots, at least back to the...

Large private enterprises in the ASEAN-5 economies have been, and remain, dominated by firms that share four common characteristics: (1) their ownership and control are concentrated among a handful of prominent business families; (2) most of these families have Chinese origins; (3) each family...

The aim of this paper is to describe the primary changes and development that outlined the history of Colonial Punjab and to narrate grassroots and provincial perspectives on the changes. I examine with a blend of grassroots and provincial perspectives by contextualizing actual historical events...