Information and development: Escaping the industrial maturity trap and moving forward to an information society Phuah Eng Chye (14 September 2019) Advanced economies appear to be bumping into limits to their growth. They display symptoms of “industrial maturity” such as hollowing out of their manufacturing sectors, demographic aging and anaemic capital formation. Some symptoms such … “Information and development: Escaping the industrial maturity trap and moving forward to an information society”
Tag: Phuah Eng Chye
Information and development: The information path to development
Information and development: The information path to development Phuah Eng Chye (31 August 2019) Different development models chart different paths. The export-led industrialisation model has been the most successful but along the way, new barriers to growth can emerge. Successful developing economies can come across a “middle income trap”. Rabah Arezki, Rachel Yuting Fan and … “Information and development: The information path to development”
Information and development: Globalisation interrupted and deglobalisation risks
Information and development: Globalisation interrupted and deglobalisation risks Phuah Eng Chye (17 August 2019) Globalisation is the main pathway to economic advancement and prosperity. Yet, for all its contributions to growth, globalisation is often cast as the villain in political discourse. In matured economies, politicians tap on public insecurities arising from the loss of factories, … “Information and development: Globalisation interrupted and deglobalisation risks”
Information and development: Globalisation in transition
Information and development: Globalisation in transition Phuah Eng Chye (3 August 2019) In a recent report, the McKinsey Global Institute (MGI) suggests “important structural changes in the nature of globalization have gone largely unnoticed” and that “globalization is in the midst of a transformation”. They point out “global value chains are being reshaped by rising … “Information and development: Globalisation in transition”
Information and development: Development models and landscape change
Information and development: Development models and landscape change Phuah Eng Chye (20 July 2019) Successful economies serve as development models for others to emulate. These development models are not static; they evolve constantly in response to landscape change. Prior to the twentieth century, industrial production was sufficient to position a country as an economic powerhouse. … “Information and development: Development models and landscape change”
Information and development: Are new technologies disrupting the path to development?
Information and development: Are new technologies disrupting the path to development? Phuah Eng Chye (6 July 2019) The favoured path to development was to climb the industrialisation ladder. Dani Rodrik notes “three characteristics collectively rendered manufactures a fantastic escalator to higher incomes for developing nations”. “First, manufacturing know-how was relatively easy to transfer across countries … “Information and development: Are new technologies disrupting the path to development?”