Pub Date : 2022-03-24DOI: 10.1177/26316846211073631
N. Anand
To conclude, the book has extensively dealt with the challenges that the MSMEs faced during COVID-19 times, particularly in Asia and the Pacific regions, the financial distress that the units had to undergo. The book has highlighted the important policies adopted by the various governments in their region to subdue the impact of pandemic on MSME. The book progresses with the major trends and challenges. The book tries to convey the position of MSMEs, namely before, during and after the pandemic. The one aspect lacking in this book are the real life case studies on MSMEs in Asia and the Pacific. An insight into a few would make the readers better engaged with the problems that come to the fore for small scale industries in the pandemic. Though brief instances are mentioned about the MSME position, but deep understanding and comprehension come with more vivid examples. On the whole, the book is a great attempt to explain the conditions of MSMEs in Asia and the Pacific during and after the pandemic. This book will be of interest to students, scholars, researchers’, industry stakeholders and policy makers in MSME industries and is an essential reading for anyone interested in enhancing their knowledge of the subject.
{"title":"Beirbe, J. Morgan, P. J. and Sonobe, T., COVID-19 Impacts and Policy Implications: An Asian Perspective","authors":"N. Anand","doi":"10.1177/26316846211073631","DOIUrl":"https://doi.org/10.1177/26316846211073631","url":null,"abstract":"To conclude, the book has extensively dealt with the challenges that the MSMEs faced during COVID-19 times, particularly in Asia and the Pacific regions, the financial distress that the units had to undergo. The book has highlighted the important policies adopted by the various governments in their region to subdue the impact of pandemic on MSME. The book progresses with the major trends and challenges. The book tries to convey the position of MSMEs, namely before, during and after the pandemic. The one aspect lacking in this book are the real life case studies on MSMEs in Asia and the Pacific. An insight into a few would make the readers better engaged with the problems that come to the fore for small scale industries in the pandemic. Though brief instances are mentioned about the MSME position, but deep understanding and comprehension come with more vivid examples. On the whole, the book is a great attempt to explain the conditions of MSMEs in Asia and the Pacific during and after the pandemic. This book will be of interest to students, scholars, researchers’, industry stakeholders and policy makers in MSME industries and is an essential reading for anyone interested in enhancing their knowledge of the subject.","PeriodicalId":188097,"journal":{"name":"Journal of Asian Economic Integration","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126863541","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-24DOI: 10.1177/26316846211073629
Dakrushi Sahu
{"title":"Asian Development Bank Institute (ADBI), Organisation for Economic Co-operation and Development (OECD) and International Labour Organisation (ILO), Labour Migration in Asia: Impacts of the Covid-19 Crisis and the Post-Pandemic Future","authors":"Dakrushi Sahu","doi":"10.1177/26316846211073629","DOIUrl":"https://doi.org/10.1177/26316846211073629","url":null,"abstract":"","PeriodicalId":188097,"journal":{"name":"Journal of Asian Economic Integration","volume":"81 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131163167","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-24DOI: 10.1177/26316846221075475
Vanshika Jain
demonstrated a great deal of resilience, due in part to authorities’ swift policy responses and regional cooperation efforts. While ignoring a detailed discussion of the impacts on the health and education sectors, the report extensively discusses various policy initiatives, programmes related to the financial sector, tourism and investments. This book will be of interest to diplomats, scholars, researchers, industry stakeholders and policymakers with an interest in learning more about COVID-19 and its impact on different sectors.
{"title":"Asian Development Bank, Asian Economic Integration Report 2021 ‘Making Digital Platforms Work for Asia and the Pacific’","authors":"Vanshika Jain","doi":"10.1177/26316846221075475","DOIUrl":"https://doi.org/10.1177/26316846221075475","url":null,"abstract":"demonstrated a great deal of resilience, due in part to authorities’ swift policy responses and regional cooperation efforts. While ignoring a detailed discussion of the impacts on the health and education sectors, the report extensively discusses various policy initiatives, programmes related to the financial sector, tourism and investments. This book will be of interest to diplomats, scholars, researchers, industry stakeholders and policymakers with an interest in learning more about COVID-19 and its impact on different sectors.","PeriodicalId":188097,"journal":{"name":"Journal of Asian Economic Integration","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124917650","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-24DOI: 10.1177/26316846211073630
Puja Chopra
{"title":"Masato Abe, Nick Freeman and Mike Troilo (Eds), Rethinking MSME Finance in Asia and the Pacific: A Post Crisis Policy Agenda","authors":"Puja Chopra","doi":"10.1177/26316846211073630","DOIUrl":"https://doi.org/10.1177/26316846211073630","url":null,"abstract":"","PeriodicalId":188097,"journal":{"name":"Journal of Asian Economic Integration","volume":"116 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133694444","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-24DOI: 10.1177/26316846211073633
Simontini Das
bringing reform to the WTO is the suggestion of incorporating a financial and technical aspect into the coalition building approach. The report is a comprehensive, all-inclusive account of the issues jeopardising the global trading atmosphere and comes up with concrete suggestions for solving them. Speaking on behalf of India, the report acts as a good starting point for other developing and emerging economies to take cognisance of the issues central to its development and trade plans. The focal point of all the discussion surfacing in the report is that the WTO reforms must be approached in a way that does not wane the developing countries’ bargaining power and implies decision-making in an equitable manner, taking into consideration the development level of the parties. The report tactfully argues for the case of developing countries in a plethora of areas. The discussion around digitally enabled trade in services and the restrictions around them could also be addressed in detail in the future edition of the report.
{"title":"Ajitava Raychaudhuri, Prabir De, Suranjan Gupta (Eds), World Trade and India: Multilateralism, Progress and Policy Response","authors":"Simontini Das","doi":"10.1177/26316846211073633","DOIUrl":"https://doi.org/10.1177/26316846211073633","url":null,"abstract":"bringing reform to the WTO is the suggestion of incorporating a financial and technical aspect into the coalition building approach. The report is a comprehensive, all-inclusive account of the issues jeopardising the global trading atmosphere and comes up with concrete suggestions for solving them. Speaking on behalf of India, the report acts as a good starting point for other developing and emerging economies to take cognisance of the issues central to its development and trade plans. The focal point of all the discussion surfacing in the report is that the WTO reforms must be approached in a way that does not wane the developing countries’ bargaining power and implies decision-making in an equitable manner, taking into consideration the development level of the parties. The report tactfully argues for the case of developing countries in a plethora of areas. The discussion around digitally enabled trade in services and the restrictions around them could also be addressed in detail in the future edition of the report.","PeriodicalId":188097,"journal":{"name":"Journal of Asian Economic Integration","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128885584","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-24DOI: 10.1177/26316846211073632
Nida Rahman
{"title":"RIS, World Trade and Development Report 2021: Trade, Technology and Institutions WTO@25: The Way Forward","authors":"Nida Rahman","doi":"10.1177/26316846211073632","DOIUrl":"https://doi.org/10.1177/26316846211073632","url":null,"abstract":"","PeriodicalId":188097,"journal":{"name":"Journal of Asian Economic Integration","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132670704","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-24DOI: 10.1177/26316846221077468
Shashwati Banerjee
{"title":"Simeon Djankov and Ugo Panizza (eds), COVID-19 in Developing Economies","authors":"Shashwati Banerjee","doi":"10.1177/26316846221077468","DOIUrl":"https://doi.org/10.1177/26316846221077468","url":null,"abstract":"","PeriodicalId":188097,"journal":{"name":"Journal of Asian Economic Integration","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134526699","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-24DOI: 10.1177/26316846221077150
Tanya Gandhi
{"title":"Prahlad Mishra, Economic Reforms in SAARC Countries: Impact of LPG on Development Indicators","authors":"Tanya Gandhi","doi":"10.1177/26316846221077150","DOIUrl":"https://doi.org/10.1177/26316846221077150","url":null,"abstract":"","PeriodicalId":188097,"journal":{"name":"Journal of Asian Economic Integration","volume":"166 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127557597","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-08DOI: 10.1177/26316846221079063
L. Hung
The article investigates the fast and sustainable development, then, discusses some policy implications to enhance the development process. The fast development is accessed by the economic growth rate combined with income distribution, while the sustainable development is accessed by the genuine savings per gross domestic product (GDP) and the biocapacity reserve. The research method employs a quantitative analysis on a data sample of 172 economies over the period 1990–2019. The results in this article suggest that an economy can first attain the objective of fast and weak sustainable development, then, the fast and strong sustainable development. The transmission from fast and weak sustainable development to the fast and strong sustainable development is difficult, thus needs the appropriated public policy architecture. JEL Classification: Q01, C31, H31
{"title":"Fast and Sustainable Development Space: An Integrated Approach","authors":"L. Hung","doi":"10.1177/26316846221079063","DOIUrl":"https://doi.org/10.1177/26316846221079063","url":null,"abstract":"The article investigates the fast and sustainable development, then, discusses some policy implications to enhance the development process. The fast development is accessed by the economic growth rate combined with income distribution, while the sustainable development is accessed by the genuine savings per gross domestic product (GDP) and the biocapacity reserve. The research method employs a quantitative analysis on a data sample of 172 economies over the period 1990–2019. The results in this article suggest that an economy can first attain the objective of fast and weak sustainable development, then, the fast and strong sustainable development. The transmission from fast and weak sustainable development to the fast and strong sustainable development is difficult, thus needs the appropriated public policy architecture. JEL Classification: Q01, C31, H31","PeriodicalId":188097,"journal":{"name":"Journal of Asian Economic Integration","volume":"95 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126556181","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-03DOI: 10.1177/26316846221075464
A. Wijesinghe, Chathurrdhika Yogarajah
This article provides an empirical analysis on the relationship between trade policy and global value chain (GVC) participation of the South Asian countries using Asian Development Bank’s country-sector Wang, Wei and Zhu decomposed exports data. We employ theoretically grounded three-way fixed effects gravity model with bias correction for incidental parameter problem to get unbiased and consistent coefficients for trade policy variables. This study finds strong evidence for the depressing effect of border tariffs on bilateral exports and forward and backward GVC participation. The negative effects are most prominent in the agriculture and food sectors. Moreover, we find that the regional trade agreements (RTAs) of South Asian countries have a negligible impact on trade and GVC participation in most sectors. However, we find evidence for the phasing-in effect of RTAs and a strong negative effect on bilateral food trade and GVC participation. Reformulating trade policy priorities and restructuring the RTAs to remove strict general regulatory measures like sensitive lists and rules of origin (ROO) should be South Asian policymakers’ priorities for robust trade lead growth. JEL Classification: F14, L23, O11, O55, Q17
{"title":"Trade Policy Impact on Global Value Chain Participation of the South Asian Countries","authors":"A. Wijesinghe, Chathurrdhika Yogarajah","doi":"10.1177/26316846221075464","DOIUrl":"https://doi.org/10.1177/26316846221075464","url":null,"abstract":"This article provides an empirical analysis on the relationship between trade policy and global value chain (GVC) participation of the South Asian countries using Asian Development Bank’s country-sector Wang, Wei and Zhu decomposed exports data. We employ theoretically grounded three-way fixed effects gravity model with bias correction for incidental parameter problem to get unbiased and consistent coefficients for trade policy variables. This study finds strong evidence for the depressing effect of border tariffs on bilateral exports and forward and backward GVC participation. The negative effects are most prominent in the agriculture and food sectors. Moreover, we find that the regional trade agreements (RTAs) of South Asian countries have a negligible impact on trade and GVC participation in most sectors. However, we find evidence for the phasing-in effect of RTAs and a strong negative effect on bilateral food trade and GVC participation. Reformulating trade policy priorities and restructuring the RTAs to remove strict general regulatory measures like sensitive lists and rules of origin (ROO) should be South Asian policymakers’ priorities for robust trade lead growth. JEL Classification: F14, L23, O11, O55, Q17","PeriodicalId":188097,"journal":{"name":"Journal of Asian Economic Integration","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115332116","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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