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Asian interregional economic cooperation has assumed greater prominence with the rise of Asia's two giant economies of China and India. The economic liberalization of China's economy in 1979, followed by India in 1991, signalled the presence of business opportunities to foreign investors - including those from Asia. This book examines the growing economic relations between India and Singapore which has culminated in a Free Trade Agreement (FTA), the Comprehensive Economic Cooperation Agreement (CECA), signed by both economies in June 2005. Using the information technology sector as the main case study of the 'alliance' between Singapore and India, the book examines the challenges that both have overcome to expand their bilateral trade. In the process, Singapore has become one of the top five foreign investors in India. The CECA is important as it is the first free trade agreement that Singapore signed with a developing country; and furthermore it provided a blueprint for India to conclude similar FTAs with other ASEAN members. This book provides a competitive analysis for intra-regional foreign direct investment. Faizal Yahya demonstrates that the economic relationship between Singapore and India illuminates how both economies are attempting to meet future challenges. It will be of interest to scholars of international business studies, cross-cultural management, international trade, international relations, information management and South and Southeast Asian Studies.
In an increasingly globalised world manifested in greater economic integration, human capital is an important factor. One of the key sources of human capital to the global economy is India, and the main destinations for Indian professionals has been Western developed economies, the Middle East and Gulf regions and East and Southeast Asia. Southeast Asia as a region has close historical, social and cultural linkages with India, and India has undertaken a number of initiatives under its "Look East" policy (LEP) to enhance ties with the Southeast Asian region. This book examines the trends and motivations of human capital flows from India into this region. Focusing in particular on Malaysia, Singapore, Indonesia and Thailand, the book provides an analysis of Indian labour in a variety of sectors, including information technology (IT) sector, academia, banking, oil and gas. Based on empirical data, the book provides an analysis of current trends in the flow of human capital from India to Southeast Asia. It will be of interest to policy makers, businessmen, students, analysts and academics in the field of Asian studies, foreign relations, human capital and labour migration.
The Singapore Perspectives series is a yearly publication that provides critical analysis of emerging trends and issues Singapore faces in terms of social, economic and political development. It is a quick and essential reference for understanding the broad policy discussions that animate thought leaders, policy-makers and the public in the country during the immediate period or that are likely to do so in the short and medium term.This volume brings together articles by Singapore authors who shared their experiences and insights on Singapore economics, politics and society at the Singapore Perspectives 2011 Conference, held in Raffles City Convention Centre on 16th January 2011. Topics covered in the volume include Singapore as a global city, nation-state, the disadvantaged, theatre and Singapore spirit from an immigrant's perspective.Co-published by the think-tank, the Institute of Policy Studies, Singapore, this is a useful publication for those with an interest in understanding the governance challenges facing a small, highly globalised economy and nation-state, or those who want a quick feel of the pulse of Singapore.
This book examines the growing economic relations between India and Singapore which has culminated in a Free Trade Agreement, the Comprehensive Economic Cooperation Agreement (CECA), signed by both economies in June 2005. With greater convergence in strategic and economic interests, India has begun to focus more towards the Southeast Asian region to enhance economic linkages with the region. Singapore was one of the earliest Southeast Asian economies to spot the potential of India and actively promoted its own and regional trade links with India. At the same time, with increasing regional economic competition, Singapore showed interest in India as an emerging market with a large human resource base and opportunities for investment in India's infrastructure. Using the information technology sector as a case study of the India-Singapore 'alliance', the book examines the challenges that India and Singapore have overcome in expanding their bilateral trade. In the process, Singapore has become one of the top five foreign investors in India. The CECA is important as it is the first FTA that Singapore signed with a developing country and in the context of the Association of Southeast Asian Nations, CECA provided a blue print for India to conclude similar FTAs with other ASEAN members. This book provides a competitive analysis for intra-regional foreign direct investment. Furthermore, it demonstrates that the economic relationship between Singapore and India shows ways in which both economies are attempting to meet the challenges of the future. It will be of interest to scholars of international business studies and cross-cultural management, international trade, internationalrelations, information management and South and Southeast Asian Stuides.
In an increasingly globalised world manifested in greater economic
integration, human capital is an important factor. One of the key
sources of human capital to the global economy is India, and the
main destinations for Indian professionals has been Western
developed economies, the Middle East and Gulf regions and East and
Southeast Asia. Southeast Asia as a region has close historical,
social and cultural linkages with India, and India has undertaken a
number of initiatives under its "Look East" policy (LEP) to enhance
ties with the Southeast Asian region.
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