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Over the past sixty years, the concept of development has expanded from economic growth and investment, to poverty reduction, human development, sustainable development, and more recently to institutional development. There has also been a fresh look at industrial policy and the role of the...
Persistent link: https://www.econbiz.de/10009363294
ASEAN member countries are moving towards achieving the ASEAN Economic Community with the timeline set at 2015. It is therefore important for policymakers in the region to sustain the momentumor perhaps even accelerate the pacetowards establishing the AEC. Policy measures are being implemented...
Persistent link: https://www.econbiz.de/10009363298
The private sector is the driver of growth in most ASEAN economies. It is therefore expected to play a significant role in the process of economic integration in ASEAN. In the Philippines, the private sector has dominated the economy, contributing about 95 percent of GDP, but it has not lived up...
Persistent link: https://www.econbiz.de/10009363316
Many have argued that the major source of the existing global macroeconomic imbalances are the twin deficits of the United States (US). However, there is still a debate about whether the global imbalances indeed pose a significant threat to the world economy. This matter is settled...
Persistent link: https://www.econbiz.de/10009653140