2017 Impact Estimation Of Exchange Rate On Foreign Direct Investment Inflows And Annual Update Of Competitiveness Analysis For 34 Greater China Economies

This book is the fifth annual project of the Asia Competitiveness Institute studying competitiveness at the sub-national level of Greater China. ACI's flagship competitiveness study adopts a comprehensive framework to measure competitiveness by incorporating 102 indicators under four environments and 11 sub-environments. By undertaking the study at the sub-national level, it accounts for the considerable disparities within a large economy like Greater China. The study's unique methodology incorporates comparative strengths and weaknesses, and what-if policy simulations aimed at policy suggestions for each sub-national economy and region. A new feature of this competitiveness study introduces the concept of Shapley value for the assignment of weights to the various indicators that constitute competitiveness. 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. Moreover, the empirical research featured in this book attempts to understand the drivers of FDI inflows to Mainland China, with a specific focus on exchange rate movements and volatility. Nowadays with the international flows of goods and capital becoming ubiquitous and comprising an important aspect of national competitiveness, the role of exchange rate is drawing much more policy attention. In view of this, the research findings presented in this book make an important academic and policy contribution by empirically examining the relationship between FDI inflows and exchange rate. Finally, the timing of this publication makes it indispensable to include the interpr

Product details

• Authors: Tan Khee Giap, Isaac Yang En Tan, Puey Ei Leong, Puey Ei (Lee Kuan Yew School Of Public Policy Leong, Isaac Yang En Tan, Isaac Yang En (Lee Kuan Yew School Of Public Policy Tan, Khee Giap Tan, Khee Giap (Lee Kuan Yew School Of Public Policy Tan, Tan Khee Giap, Xuyao Zhang, Xuyao (Lee Kuan Yew School Of Public Policy Zhang
• Publisher: Ingram Publishers Services
• Languages: English
• Product format: Hardback
• Released: 30.01.2019
• EAN: 9789813272392
• ISBN: 978-981-3272-39-2
• Series: Asia Competitiveness Institute; Asia Competitiveness Institute - World Scientific Series
• Subjects: Social sciences, law, business > Business > Economics; China, BUSINESS & ECONOMICS / Business Ethics, BUSINESS & ECONOMICS / Econometrics, BUSINESS & ECONOMICS / Development / Business Development, Investment & securities, Econometrics, Investment and securities, Econometrics and economic statistics