efn Asia
Economic Freedom of the States of India 2011 PDF Print E-mail
Monday, 14 March 2011 12:24

Authors: Bibek Debroy, Laveesh Bhandari and Swaminathan S. Anklesaria Aiyar

Members and partners of EFN Asia recently released the Economic Freedom of the States of India 2011. The report ranks economic freedom in the 20 biggest Indian states, using a methodology adapted from the Fraser Institute’s Economic Freedom of the World (EFW) annual reports.

Besed on ...
Avoiding Middle Income Trap PDF Print E-mail
Thursday, 19 September 2013 11:14

By Nonoy Oplas, President, Minimal Government Thinkers, Inc.

Published in Business 360° magazine, September 2013

Many Asian economies are now among the “engine of growth” for some countries within and outside the continent due to their huge contribution to international trade as big exporters/producers  and big importers/consumers, as well as big recipients of foreign remittances.

Such opportunity has allowed many Asian economies to move from low income to middle-income levels, and for the lucky and more technologically advance ones like the four “tiger economies” of Hong Kong, Singapore, Taiwan and S. Korea, to move from middle- to high-income countries.

“Middle income” is defined as having a per capita GDP income based on purchasing power parity (PPP) of $3,000 to $20,000, or $16,000 for other definitions.

“Middle-income trap” (MIT) is the phenomenon of some rapidly growing economies stagnating at middle-income levels and failing to graduate into high-income countries. This is brought about by growth slowdown after sometime.

Southeast and East Asian counties in the Global Competitiveness Index (GCI) 2013-2014 PDF Print E-mail
Friday, 06 September 2013 18:39

Today we see the release of the GCI. The index provides us the competitiveness landscape of 148 economies, giving insight into the drivers of their productivity and prosperity.

Our focus is the Southeast and East Asian regions. In general, the competitiveness landscape in the regions remains very mixed. It is home to some of the most competitive nations, including three members of the top 10 (Singapore (2nd), Hong Kong SAR (7th), and Japan (9th)) and some of the most dynamic and rapidly improving economies in terms of competitiveness, such as Indonesia and the Philippines.

On the other hand, a number of Asian countries, such as Timor-Leste, have been unable to improve their competitiveness. This year, the report covers two new countries in the region: Lao PDR (81st), and Myanmar (139th). With the latter two additions, the GCI now offers a full coverage of the members of the Association of Southeast Asian Nations (ASEAN). In general, we see a lot of good signs of development but we cannot afford to be complacent. Market economic policy is essential in enhancing competitiveness and prevents economic protectionism.

An Invitation to the Launch of Abiding Times PDF Print E-mail
Friday, 04 March 2011 13:39

IDEAS cordially invites you to a fundraising event to launch Abiding Times, a book of articles written by our Founder President YAM Tunku ‘Abidin Muhriz as well as guest authors YAM Tengku Zatashah Idris, YM Syed Haizam Jamalullail, Sharyn Shufiyan and Quek Sue Yian. The book’s forewords have been supplied by YM Raja Aziz Addruse, YBM Tunku Abdul Aziz Ibrahim and YBM Tengku Razaleigh Hamzah and the introduction by Wan Saiful Jan.

The launch will take place on...
A Handbook on Enterprise Building in Nepal PDF Print E-mail
Friday, 25 February 2011 15:14

Volume II

Samriddhi, The Prosperity Foundation recently publishes the second volume of Towards Enterprise Building in Nepal. Towards Enterprise Building in Nepal is a handbook for aspiring  young entrepreneurs in Nepal largely based on arthalaya – one of the most popular and successful educational initiative of Samriddhi, The Prosperity Foundation.

The first volume contains stories of Nepalese entrepreneurs, legal document formats and guidelines to help starting a business along with experience sharing articles as well as success stories of arthalaya graduates.

Because most of an entrepreneur's time...

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