Browsing Tag Development
Jakarta – The future of the Indonesian economy
By Anwar Nasution at November 9, 2012 | 6:00 am | 0 Comment
Jakarta - Anwar Nasution, UI and SEADI To maintain strong economic growth in a world of high government debt, and in the midst of a global recession, Indonesia needs to revise its development strategy. It must shift from external to domestic sources of growth, move higher up the value chain and join the global supply chain. Due to the weakness in its tax more...
India’s infrastructure challenges
By Mahendra Ved at November 7, 2012 | 6:00 am | 0 Comment
infrastructure - Author: Mahendra Ved, New Delhi The United Nation’s State of the World Cities Report 2012/2013 has ranked Delhi, the Indian capital, 58 and Mumbai, the commercial capital, at 52 out of 95 cities, way below Beijing, Shanghai or any other world-class city. More than anything else, the rankings reflect India’s poor infrastructure. Roads in more...
Malaysia’s “smart city”: How green is Iskandar?
By Graham Land at November 5, 2012 | 11:47 pm | 0 Comment
I believe that urban development projects that take nature and environmental impact into account are laudable, important and seem to be the (positive) future of urbanization if they are carried out properly. And I don’t mean properly as in only suitable for wealthy residents who can afford green high tech luxury and think solar panels look nice above their two-car more...
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Japan’s economic recovery and political turmoil
By Hugh Patrick at October 29, 2012 | 6:00 pm | 0 Comment
Author: Hugh Patrick, Columbia UniversityAfter two lost decades it has become easy to underestimate Japan’s strengths and overstate its problems.Japan’s economy will continue to be one of the world’s five largest at least for the next two decades, but it is clear that the country is in the throes of major economic and political uncertainty.The Fukushima nuclear more...
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China’s rebalancing act: between exports and domestic demand
By Yu Yongding at October 24, 2012 | 6:00 am | 0 Comment
Author: Yu Yongding, BeijingChina’s Twelfth Five-Year Plan calls for a shift in the country’s economic model from export-led growth toward greater reliance on domestic demand, particularly household consumption.Since the Plan was introduced in 2011, China’s current-account surplus as a share of GDP has indeed fallen. But does that mean that China’s adjustment is more...
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China’s rebalancing act: between exports and domestic demand
By Yu Yongding at October 24, 2012 | 6:00 am | 0 Comment
Author: Yu Yongding, BeijingChina’s Twelfth Five-Year Plan calls for a shift in the country’s economic model from export-led growth toward greater reliance on domestic demand, particularly household consumption.Since the Plan was introduced in 2011, China’s current-account surplus as a share of GDP has indeed fallen. But does that mean that China’s adjustment is more...
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The fuss about China’s growth rate
By Peter Drysdale at October 15, 2012 | 6:35 am | 0 Comment
Author: Peter Drysdale, Editor, East Asia ForumThere has been a great deal of fuss over the last few weeks about the weakening of China’s growth.In Australia — everyone’s favourite short on China — it came to a head around the hosting of an Australian Treasury symposium on structural change in Asia when prominent analysts underlined the vulnerability of more...
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The ‘new normal’ of Chinese growth
By Yiping Huang at October 14, 2012 | 6:00 pm | 0 Comment
Author: Yiping Huang, Peking University and ANUGrowth of Chinese GDP decelerated to 7.8 per cent in the first half of 2012 from 9.6 per cent a year ago.But the government has remained relatively calm, taking only measured steps to stabilise growth. This so-called ‘policy paralysis’ does appear odd given the Chinese government’s emphasis of GDP growth in the more...
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The effect of child labour on skills: evidence from Indonesia
By Armand A. Sim at September 19, 2012 | 7:00 am | 0 Comment
Authors: Armand A. Sim and Asep Suryahadi, SMERU Research Institute, and Daniel Suryadarma, ANUAccording to the latest statistics from the International Labour Organization, about 153 million children younger than 15 are working.Despite attracting much negative attention, the effect of child labour is ambiguous. On the one hand, it may have a detrimental effect if more...
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Malaysia: growth without private investment
By Jayant Menon at September 12, 2012 | 7:00 am | 0 Comment
Author: Jayant Menon, ADBIt was not long ago that the Malaysian development story was hailed as a model of FDI-driven, export-led industrialisation worthy of emulation by aspirants in the developing world.Malaysia remains an outstanding model of how openness to trade and FDI can transform a poor, agrarian economy into a thriving, manufacturing-based, middle-income one in more...
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China’s demographic bombshell
By Peter Drysdale at September 10, 2012 | 7:00 am | 0 Comment
Asia’s high growth rates over the past few decades are commonly said to have been boosted by favourable demographics — some estimates suggesting that favourable demographic structure has accounted for 20 to 25 per cent of Asia’s growth.How has the ‘demographic dividend’ boosted growth?In the 1960s and 1970s, the take-off of Japan’s post-war more...
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Population and the challenge of Chinese growth
By Cai Fang at September 9, 2012 | 7:00 pm | 0 Comment
Author: Cai Fang, CASSIn 1980, when the one-child policy was officially introduced, it was clear that it would be a ‘one-generation policy’ only.At the time the government declared that in 30 years’ time, when the pressure of population growth had eased, population policy might change. The need to ease population pressure meant that a significant decline in more...
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Regional prospects in Africa’s mining sector
By Peter Drysdale at August 28, 2012 | 7:00 pm | 0 Comment
Authors: Peter Drysdale and Luke Hurst, ANUAfrica’s low-income resource-rich nations are now at a fork in their road to development.Taking one turn will result in the resource curse wiping away the significant economic and political progress that has been made over the past decade; taking the other could result in the creation of the institutional frameworks and the more...
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Rare earth metals — North Korea’s new trump card
By Leonid Petrov at August 21, 2012 | 7:00 am | 0 Comment
Author: Leonid Petrov, University of Sydney The last couple of years have brought significant improvement in North Korea’s economic situation. Newly built high-rise apartments, modern cars on the roads and improved infrastructure come as a surprise to visitors. It begs the question, where does Pyongyang get the money from? The ambitious rocket and nuclear more...
Burma’s reforms are far from finished
By Pavin Chachavalpongpun at August 20, 2012 | 7:00 pm | 0 Comment
Author: Pavin Chachavalpongpun, Kyoto University Burma has undergone drastic political reforms in the past few years. After overseeing unexpected elections in 2010 — the first to be held in 20 years — Burma’s military junta has shown that it is willing to reconcile with its opponents. The regime has set opposition leader Aung San Suu Kyi free, released more...
Sophie Thillaye du Boullay Winner of the Scholarship for the Hautes Etudes du Goût program
By Le Cordon Bleu Australia at August 11, 2012 | 7:35 pm | 0 Comment
Le Cordon Bleu News, 08/10/2012 In The News Sophie Thillaye du Boullay Winner of the Le Cordon Bleu 2012 Scholarship for the Hautes Etudes du Goût program Sophie Thillaye du Boullay is the winner of the scholarship offered by Le Cordon Bleu International for one of its most prestigious programs: Hautes Etudes du Goût. 27 year-old Sophie has been a temporary more...
Renewable energy in the Pacific: why are unrealistic targets adopted?
By Matthew Dornan at August 3, 2012 | 7:00 pm | 0 Comment
Author: Matthew Dornan, ANU In the weeks preceding the Rio+20 summit, various Pacific island countries adopted ambitious voluntary renewable energy targets as part of the Barbados Declaration. Some of these targets appear overly ambitious. Six Pacific island countries aim to generate 100 per cent of their electricity from renewable technologies — some of them as more...
The Philippines and education cooperation in Asia and the Pacific
By Josef Yap at August 1, 2012 | 7:00 am | 0 Comment
Author: Josef Yap, PIDS The role of education in economic development is widely acknowledged: education increases the innovative capacity of an economy and facilitates the diffusion, adoption and adaptation of new ideas. More specifically, education increases the amount of human capital available, thereby increasing productivity and ultimately output. Education is more...
Comparing India’s and Indonesia’s economic performance
By Thee Kian Wie at June 29, 2012 | 7:00 pm | 0 Comment
Author: Thee Kian Wie, LIPIIndia and Indonesia are two of Asia’s most resonant success stories: they are the continent’s third- and fourth-largest economies and are both members of the G20. But the story — and pace — of their success is considerably different. In Indonesia, as Suharto began to rise to power in 1966 he inherited economic chaos, including more...
China: Is green growth possible?
By Graham Land at June 27, 2012 | 7:53 pm | 0 Comment
In the overriding climate of today’s world, growth is pretty much always considered “good”. It generates money and raises living standards, though this doesn’t necessarily mean that quality of life goes up (but this is a different debate). It is also generally accepted that there is a global environmental crisis with a variety of threats in the form of rising more...
Asian cities in the 21st century
By Bharat Dahiya at June 26, 2012 | 7:00 pm | 0 Comment
Author: Bharat Dahiya, UN-HABITAT and AIT The rapid demographic expansion of Asian cities that came with sustained economic growth made it a textbook example of the positive correlation between urbanisation and economic growth. Asian cities are now home to over half of the world’s urban population, or 1.76 billion people. Asia recorded the fastest rate of more...