About Gloria PasadillaGloria O. Pasadilla is Research Fellow at the ADB Institute. Her research focuses on trade and social protection issues. She has co-edited several books and published various works as book chapters and journal articles. Prior to joining ADBI, she was Senior Economist at the Philippine Institute for Development Studies and consultant for the trade and foreign affairs departments, as well as international organizations.
The services sector is becoming increasingly important in modern economies. In many of the most developed economies, it can represent two–thirds or even three–quarters of all economic activity. Even in developing economies, the services sector often accounts for a significant share of economic output and employment. International trade in services is also increasing in importance, and has been growing more rapidly than goods trade over recent years. It has also proven to be more resilient to the global financial crisis and resulting trade collapse. It has long been recognized that services trade can influence economic and social outcomes through a variety of mechanisms. Read more.
By Gloria Pasadilla. Posted February 6, 2012
The movement of workers within the ASEAN region has been on the rise over the last two decades. In Malaysia, for example, the number of foreign workers grew from less than 250,000 in 1990 to more than 2 million in 2007, about 67% of whom come from ASEAN countries. Singapore, Brunei Darussalam and Thailand have become major labor recipients, while the other ASEAN countries are labor senders (Figure 1). However, the ease of labor flows within ASEAN is not matched by the portability of migrants’ social security benefits. Some hosting countries have nationality conditions or minimum residency requirements that prevent migrants from participating in social security schemes. Read more.
Subscribe / Connect to Asia Pathways
- Agriculture and rural development
- Information and Communications Technology
- Poverty Reduction
- Public-Private Partnership
- Regional Cooperation
- Social Development and Poverty
- How does exchange rate volatility affect value added and gross trade?
- Escaping the middle income trap: Innovate or perish
- Hometown investment trust funds: A sustainable solution for financing green energy projects
- Assessing the BOJ’s yield curve control policy
- Why is Income Distributed Unequally? A Comparison of Japan and the United States
- Hometown investment trust funds: A sustainable solution for financing green energy projects on
- Why is Income Distributed Unequally? A Comparison of Japan and the United States on
- Why poor countries should invest first in national trade infrastructure on
- Market failure or low-skills equilibrium? on
- Implications of negative interest rates for Asia on