Singapore's rapid evolution from a modest trading post under colonial rule into a prosperous, self-confident nation is one of the notable success stories of the second half of the 20th century. International trade and investment linkages have been the cornerstones of the city-state's economic...

We explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop an analytical model, highlighting links between long-run economic performance and services trade, through scale economies and market and cost structures in the...

This paper argues that developing Asia is overlooking an opportunity for increased growth and development through trade in business services. Developing Asia would benefit from liberalizing services trade as it has benefited from liberalizing goods trade. This argument rests on these key...