2016 Annual Competitiveness Analysis And Growth Slowdown Analysis For Asean-10

In the tradition of the Asia Competitiveness Institute (ACI) at the Lee Kuan Yew School of Public Policy (LKYSPP), National University of Singapore (NUS), our research publications make a distinctive contribution to the literature by focusing on pertinent regional and national economic issues of the Association of Southeast Asian Nations (ASEAN) as one of our flagship projects. Combining leading-edge research methodologies with an extensive dataset, ACI has evaluated and tracked competitiveness for the 10 ASEAN members annually since 2000. In this edition, the competitiveness ranking and simulation study for the ASEAN-10 economies are improved and updated with 121 indicators across four environments.

The book 2016 Annual Competitiveness Analysis and Growth Slowdown Analysis for ASEAN-10 begins by presenting the insights of Mr George Yeo, Former Minister for Foreign Affairs of Singapore, who provides a thoughtful reflection on identities and their continued relevance for policy-making. It then provides an update to the annual competitiveness analysis for ASEAN-10. Based on a rich dataset of 121 indicators, the study covers four environments of competitiveness: (1) Macroeconomic Stability, (2) Government and Institutional Setting, (3) Financial, Businesses and Manpower Conditions, and (4) Quality of Life and Infrastructure Development. It then presents each economy''s strengths and weaknesses, and conducts ''what-if'' policy simulations to offer insights into the ASEAN economies. Furthermore, given prevailing worries about ASEAN economies falling into the ''middle-income trap'', growth slowdown analysis for the ASEAN economies is conducted. Through income-group specific econometric models, determinants of growth slowdown are identified and predictive probability of slowdown for each ASEAN economy is computed. Finally, progress of economic reforms in Cambodia, Laos, Myanmar and Vietnam is evaluated, from which policy implications for these countries'' future development are drawn.