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Land readjustment in Japan: Beyond the myth of Japanese consensus and harmony
By Rachana Sah and KE Seetha Ram. Posted November 8, 2019
The landscape of Misato City in Japan has changed drastically in the last 35 years. In the 1980s, Shin-Misato Station was the Mushashino marshalling yard for freight services. Most of the land near the station was used for agriculture, but once residential houses increased and more people came to settle in the area the government built a passenger train station.
Expanding trade opportunities for SMEs in Asia and the Pacific
By Gerald Sun. Posted September 19, 2019
Small and medium-sized enterprises (SMEs) are the backbone of the Asian economy. They already account for over 95% of all businesses in Asia and employ an estimated 60% of the region’s workforce (Mastercard and the Economist Intelligence Unit 2019). Hence, helping SMEs grow can translate directly into economic and workforce expansion.
The upgraded ASEAN-People’s Republic of China Free Trade Agreement could matter, big time
By Jayant Menon and Anna Cassandra Melendez. Posted August 2, 2019
In 2015, the Association of Southeast Asian Nations (ASEAN) and the People’s Republic of China (PRC) signed an Upgrade Protocol to improve the original Framework Agreement for the ASEAN-People’s Republic of China Free Trade Area (ACFTA) as well as their Agreement on Trade in Goods, Services, and Investment. The Upgrade Protocol entered into force in July 2016, and implementation will start from August 2019.
The spillover effects of digital platforms
By TV Ramachandran and KE Seetha Ram. Posted June 20, 2019
“Over-the-top” (OTT) service providers are referred to as so because they allegedly ride exclusively on top of the infrastructure laid by telecommunications service providers. Hidden behind the term OTT is the notion that such providers do not invest in the network infrastructure yet provide the same services as telecommunications service providers. While this may seem intuitive to some through a cursory examination of the marketplace, what such assertions fail to consider are the numerous “edge-of-the-network” investments by OTT service providers as well as the massive efficiency, flexibility, and propensity-to-scale inherent in OTT business models.
Services policies and manufacturing exports
By Ben Shepherd. Posted February 6, 2019
Services and manufacturing are closely intertwined. Manufacturers use services as inputs into their production process. It is difficult to imagine a modern global value chain working without efficient transport services, financial services, logistics, and business services.
How services helped power “Factory Asia”
By Ben Shepherd. Posted January 21, 2019
Measuring productivity in the services sector is fraught with difficulties. One key aspect of the “premature deindustrialization” argument is the hypothesis that services are low productivity relative to manufacturing, and that prospects for rapid and sustained productivity growth, which are the primary source of gains in per capita income, are greater in manufacturing than in services.
What can services trade policy do for sustainable development?
By Matteo Fiorini and Bernard Hoekman. Posted January 9, 2019
The 2030 Agenda for Sustainable Development has many services dimensions; improved access to and provision of services are necessary for attaining many of the Sustainable Development Goals. Because of their effects on competition in services markets and the ability of foreign providers to supply services to consumers and firms in developing countries, services trade policies should be considered in the arsenal of policy instruments that can be used in efforts to realize sustainable development objectives.
Productivity spillovers from services firms in low- and middle-income countries: What is the role of firm characteristics and services liberalization?
By Deborah Winkler. Posted November 14, 2018
It has been widely acknowledged that services play an important role for other industries, in particular manufacturing. A study by the Organisation for Economic Co-operation and Development (OECD) finds that services represent at least 30% of the value added in manufacturing exports (OECD 2014). Another study by the World Bank suggests that countries with a higher services content in their downstream economies are also those producing more complex goods (Saez et al. 2015).
Is female entrepreneurship a coping strategy during crises?
By Saumik Paul and Vengadeshvaran Sarma. Posted October 26, 2018
The recent global economic crisis, with its peak in 2008, resulted in a decline in global gross domestic product. It led to unstable financial markets and a lag in private sector demand (World Bank 2010). Its consequences, especially for the labor market, have been most unfortunate. In many countries, workers lost their jobs, wage earnings declined, and work hours shortened (World Bank 2011).
How does trade openness affect the environmental Kuznets curve?
By Zheng Fang, Bihong Huang and Zhuoxiang Yang. Posted October 4, 2018
The People’s Republic of China (PRC) has reformed and opened up its economy for 4 decades. However, accompanying the country’s fast-growing gross domestic product (GDP) and trade sector, environmental degradation, such as deteriorating water quality, land deforestation, pollution, and frequent haze plagues, has attracted a great deal of attention.
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