Southeast Asia faces mounting competition -- Malaysia : the quintessential maturing tiger economy -- Analyzing comparative advantage and industrial change : reading the export trade tea leaves -- Imports and foreign direct investment : competition and technology transfer -- Leading and faltering...

How can Penang upgrade and diversify its economy? This paper addresses this question using a number of methodologies that have been developed for assessing competitiveness and identifying the direction of future industrial evolution. The results show that although Penang was successful in...

This paper reviews different econometric methodologies to assess the relationship between financial development and growth. It illustrates the identification problem, which is at the center of the finance and growth literature, using the example of a simple Ordinary Least Squares estimation. It...