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International product fragmentation—the cross-border dispersion of component production/assembly within vertically integrated production processes—is an important feature of the deepening structural interdependence of the world economy. This paper examines the implications of this phenomenon...
Access to clean, cheap, and copious energy would allow the entire world to enjoy a standard of living taken for granted in developed countries. This paper identifies technologies for sustainable energy infrastructures, emphasizing that fossil fuels are amply sufficient for the next 100–200...
This paper examines the extent and causes of digital inequality in three countries of East Asia: Japan, South Korea, and Singapore. Using individual-level microdata collected in the three countries between 1997 and 2000, the study highlights differences in the socioeconomic and demographic...
This paper investigates how intra-industry trade (IIT) is linked to cross-country income difference and foreign direct investment (FDI). We distinguish IIT as either horizontally or vertically differentiated, using bilateral exports and imports data for Japan and the remaining East Asian...
Singapore's economy faces some major concerns resulting from intensified regional competition and the transformation from being investment-driven to innovation-driven. This paper examines (1) the accumulation and utilization of huge government surpluses in the past 40 years; (2) the country's...
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