This book titled 2017 Annual Competitiveness Analysis and Impact of Exchange Rates on Foreign Direct Investment Inflows to ASEAN Economies recount the development experience of ASEAN over the past 50 years, describe the long-term mega-trends which will shape ASEAN's development trajectory, and propose a development vision with actionable policy recommendations for ASEAN to become the fourth-largest economy in the world by 2030. Into its fifth edition, the book updates the annual economic competitive analysis for ASEAN-10 conducted by the Asia Competitiveness Institute (ACI). It also introduces an innovation to the institute's methodological framework which is the use of Shapley values to come up with objective weights for indicators, sub-environments and environments in the competitiveness index. This methodological innovation not only adds an element of objectivity in terms of the assignment of weights, but also validates the robustness of results obtained from the competitiveness studies over the past years. Recognising the importance of foreign direct investment (FDI) to growth and development in the region, the book also presents an empirical investigation of the drivers of FDI inflows, with specific focus on the effects of exchange rate and its volatility. For a group of economies looking to leverage on FDI and trade to transform themselves into the fourth-largest economy in the world, it is important for ASEAN to achieve high external competitiveness, especially in terms of the member states' real effective exchange rates (REER). These research findings make important academic and policy contributions by teasing out the relationship between REER levels, volatility and FDI in the ASEAN context. Fi
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.