A knowledge-intensive, innovation-driven economy needs innovative and creative individuals in business, government, and the various professions. Singapores education system has an important role to play in equipping the young with the right qualities. This could be better achieved by moving away...

A number of fundamental factors enhance the growth of industries' productivity. Among others, the export-led and high-tech capital deepening strategies are widely adopted by developing economies. This paper attempts to empirically investigate the extent to which both industrial development...

Does financial health shore up firm productivity? This paper empirically investigates this question and presents productivity as another driving factor in translating financial development into real economic progress. Our empirical framework employs Levinsohn and Petrin’s (2003)...

Contents -- 1. Introduction: Economic Structure and External Orientation -- 1.1. Sectoral Growth -- 1.2. Employment and Income Distribution -- 1.3. Unit Labor and Business Costs -- 1.4. Development Strategies -- 1.5. Free Trade Agreements (FTAs) -- 1.6. Structure of the Book -- 2. Foreign Direct...

Key Features:Includes contributions from top academic scholars and economic policy-makers on Asian monetary and financial policiesBroaches important issues of contemporary relevance on Asian monetary and financial issuesUtilizes rigorous techniques and latest available data, yet clearly written...

Southeast Asia witnessed a wide array of policy actions at the regional and international levels to unravel the ripple effects of the global economic downturn and to set a stage for a long-term recovery. Yet the quest for regional and global solutions has been hampered critically by the...

This book provides complete, yet non-technical, analyses of production fragmentation effects and thus targets a wide range of readers - including academics, researchers, policy-makers, students, entrepreneurs, and anyone who is interested in this subject. It investigates the economic impacts of...

This paper is an empirical study of slope heterogeneity in job satisfaction. It provides evidence from the generalized ordered probit models that different job characteristics tend to have different distributional impacts on the overall job satisfaction. For instance, standard models tend to...