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ASIA’S LESSONS FOR EUROPE
• Asia in the World Economy (taught course)
http://spp.nus.edu.sg/docs/fac/razeen_sally/
asiaintheworldeconcourse.pdf
• Asia, economic freedom and policy challenges (presentation)
http://www.ecipe.org/media/external_publication_pdfs/AIWEgaman
pdf
• Asia and economic freedom (oped)
http://online.wsj.com/article/SB100008723963904440324045780095
WSJASIA_hps_sections_opinion
• Asia and economic freedom (policy essay)
Cato Institute and ECIPE (forthcoming)
GDP Since the Crisis
(Million 1990 international $) Source: Maddison and OECD
Share of Global GDP
for Asia and ROW
Share of Global GDP per World Region
0
10
20
30
40
50
60
70
80
90
1820 1870 1913 1950 1973 1998 2001 2030
Asia
Rest of the World
Share of Global GDP
for parts of Asia
Share of Global GDP per World Region
0
5
10
15
20
25
30
35
1820 1870 1913 1950 1973 1998 2001 2030
Other Asia
Japan
China
India
(Million 1990 international $) Source: Maddison and OECD
World Ranking in Ease of Doing Business – Top 10 (2013)
Ease of
Doing
Business
Starting
a
Business
Dealing with
Construction
Permits
Getting
Electricity
Registering
Property
Getting
Credit
Protecting
Investors
Paying
Taxes
Trading
Across
Borders
Enforcing
Contract
Resolving
Insolvency
Singapore 1 4 2 5 36 12 2 5 1 12 2
Hong
Kong
2 6 1 4 60 4 3 4 2 10 17
New
Zealand
3 1 6 32 2 4 1 21 25 17 13
United
States
4 13 17 19 25 4 6 69 22 6 16
Denmark 5 33 8 14 6 23 32 13 4 34 10
Norway 6 43 23 14 7 70 25 19 21 4 3
United
Kingdom
7 19 20 62 73 1 10 16 14 21 8
South
Korea
8 24 26 33 65 12 49 30 3 2 14
Georgia 9 7 3 50 1 4 19 33 38 30 81
Australia 10 2 11 36 37 4 70 48 44 15 18
World Ranking in Ease of Doing Business (2013)
Ease of
Doing
Business
Starting
a
Business
Dealing with
Construction
Permits
Getting
Electricity
Registering
Property
Getting
Credit
Protecting
Investors
Paying
Taxes
Trading
Across
Borders
Enforcing
Contract
Resolving
Insolvency
Singapore 1 4 2 5 36 12 2 5 1 12 2
Hong Kong 2 6 1 4 60 4 3 4 2 10 17
Japan 24 114 72 27 64 23 19 127 19 35 1
South Korea 8 24 26 3 75 12 49 30 3 2 14
Taiwan 16 16 9 6 32 70 32 54 23 90 15
Malaysia 12 54 96 28 33 1 4 15 11 33 49
Thailand 18 85 16 10 26 70 13 96 20 23 58
Brunei 79 135 43 29 115 129 117 22 40 158 46
Vietnam 99 108 28 155 48 40 169 138 74 44 149
Indonesia 128 166 75 147 98 129 49 131 37 144 148
Philippines 138 161 100 57 122 129 128 143 53 111 165
Cambodia 133 175 149 132 115 53 82 66 118 142 152
Laos 163 81 87 138 74 167 184 126 160 114 185
Myanmar n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
China 91 151 181 114 44 70 100 122 68 19 82
Sri Lanka 81 33 112 103 143 70 49 169 56 133 51
Pakistan 107 98 105 171 126 70 32 162 85 155 78
Nepal 108 105 97 96 21 70 82 114 171 137 121
Bangladesh 129 95 83 185 175 83 25 97 119 182 119
India 132 173 182 105 94 23 49 152 127 184 116
Rank Country Summary
index
1 Hong Kong 9.05
2 Singapore 8.70
3 New Zealand 8.27
4 Switzerland 8.08
5 Chile 8.03
6 United States 7.96
7 Canada 7.95
8 Australia 7.90
9 Mauritius 7.82
10 United Kingdom 7.81
11 Ireland 7.74
12 Estonia 7.73
12 United Arab Emirates 7.73
14 Denmark 7.69
15 Austria 7.61
16 Luxembourg 7.60
16 Slovakia 7.60
18 Bahrain 7.58
19 Finland 7.55
20 Cyprus 7.54
Economic Freedom of the World: 2010 Annual Report Complete Publication -
freetheworld.com. Fraser Institute.
Rank Country Summary
index
1  Hong Kong 9.05
2  Singapore 8.70
3  New Zealand 8.27
4  Switzerland 8.08
5  Chile 8.03
6  United States 7.96
7  Canada 7.95
8  Australia 7.90
9  Mauritius 7.82
10  United Kingdom 7.81
11  Ireland 7.74
12  Estonia 7.73
12  United Arab Emirates 7.73
14  Denmark 7.69
15  Austria 7.61
16  Luxembourg 7.60
16  Slovakia 7.60
18  Bahrain 7.58
19  Finland 7.55
20  Cyprus 7.54
Economic Freedom of the World: 2010 Annual Report Complete Publication -
freetheworld.com. Fraser Institute.

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Free Market Road Show 2013 | Razeen Sally

  • 1. ASIA’S LESSONS FOR EUROPE • Asia in the World Economy (taught course) http://spp.nus.edu.sg/docs/fac/razeen_sally/ asiaintheworldeconcourse.pdf • Asia, economic freedom and policy challenges (presentation) http://www.ecipe.org/media/external_publication_pdfs/AIWEgaman pdf • Asia and economic freedom (oped) http://online.wsj.com/article/SB100008723963904440324045780095 WSJASIA_hps_sections_opinion • Asia and economic freedom (policy essay) Cato Institute and ECIPE (forthcoming)
  • 2.
  • 3.
  • 4. GDP Since the Crisis
  • 5. (Million 1990 international $) Source: Maddison and OECD Share of Global GDP for Asia and ROW Share of Global GDP per World Region 0 10 20 30 40 50 60 70 80 90 1820 1870 1913 1950 1973 1998 2001 2030 Asia Rest of the World
  • 6. Share of Global GDP for parts of Asia Share of Global GDP per World Region 0 5 10 15 20 25 30 35 1820 1870 1913 1950 1973 1998 2001 2030 Other Asia Japan China India (Million 1990 international $) Source: Maddison and OECD
  • 7. World Ranking in Ease of Doing Business – Top 10 (2013) Ease of Doing Business Starting a Business Dealing with Construction Permits Getting Electricity Registering Property Getting Credit Protecting Investors Paying Taxes Trading Across Borders Enforcing Contract Resolving Insolvency Singapore 1 4 2 5 36 12 2 5 1 12 2 Hong Kong 2 6 1 4 60 4 3 4 2 10 17 New Zealand 3 1 6 32 2 4 1 21 25 17 13 United States 4 13 17 19 25 4 6 69 22 6 16 Denmark 5 33 8 14 6 23 32 13 4 34 10 Norway 6 43 23 14 7 70 25 19 21 4 3 United Kingdom 7 19 20 62 73 1 10 16 14 21 8 South Korea 8 24 26 33 65 12 49 30 3 2 14 Georgia 9 7 3 50 1 4 19 33 38 30 81 Australia 10 2 11 36 37 4 70 48 44 15 18
  • 8. World Ranking in Ease of Doing Business (2013) Ease of Doing Business Starting a Business Dealing with Construction Permits Getting Electricity Registering Property Getting Credit Protecting Investors Paying Taxes Trading Across Borders Enforcing Contract Resolving Insolvency Singapore 1 4 2 5 36 12 2 5 1 12 2 Hong Kong 2 6 1 4 60 4 3 4 2 10 17 Japan 24 114 72 27 64 23 19 127 19 35 1 South Korea 8 24 26 3 75 12 49 30 3 2 14 Taiwan 16 16 9 6 32 70 32 54 23 90 15 Malaysia 12 54 96 28 33 1 4 15 11 33 49 Thailand 18 85 16 10 26 70 13 96 20 23 58 Brunei 79 135 43 29 115 129 117 22 40 158 46 Vietnam 99 108 28 155 48 40 169 138 74 44 149 Indonesia 128 166 75 147 98 129 49 131 37 144 148 Philippines 138 161 100 57 122 129 128 143 53 111 165 Cambodia 133 175 149 132 115 53 82 66 118 142 152 Laos 163 81 87 138 74 167 184 126 160 114 185 Myanmar n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a China 91 151 181 114 44 70 100 122 68 19 82 Sri Lanka 81 33 112 103 143 70 49 169 56 133 51 Pakistan 107 98 105 171 126 70 32 162 85 155 78 Nepal 108 105 97 96 21 70 82 114 171 137 121 Bangladesh 129 95 83 185 175 83 25 97 119 182 119 India 132 173 182 105 94 23 49 152 127 184 116
  • 9. Rank Country Summary index 1 Hong Kong 9.05 2 Singapore 8.70 3 New Zealand 8.27 4 Switzerland 8.08 5 Chile 8.03 6 United States 7.96 7 Canada 7.95 8 Australia 7.90 9 Mauritius 7.82 10 United Kingdom 7.81 11 Ireland 7.74 12 Estonia 7.73 12 United Arab Emirates 7.73 14 Denmark 7.69 15 Austria 7.61 16 Luxembourg 7.60 16 Slovakia 7.60 18 Bahrain 7.58 19 Finland 7.55 20 Cyprus 7.54 Economic Freedom of the World: 2010 Annual Report Complete Publication - freetheworld.com. Fraser Institute.
  • 10. Rank Country Summary index 1  Hong Kong 9.05 2  Singapore 8.70 3  New Zealand 8.27 4  Switzerland 8.08 5  Chile 8.03 6  United States 7.96 7  Canada 7.95 8  Australia 7.90 9  Mauritius 7.82 10  United Kingdom 7.81 11  Ireland 7.74 12  Estonia 7.73 12  United Arab Emirates 7.73 14  Denmark 7.69 15  Austria 7.61 16  Luxembourg 7.60 16  Slovakia 7.60 18  Bahrain 7.58 19  Finland 7.55 20  Cyprus 7.54 Economic Freedom of the World: 2010 Annual Report Complete Publication - freetheworld.com. Fraser Institute.

Editor's Notes

  1. Source: IMF. WEO Hopes in emerging countries, Martin Wolf