Liberalisation and technological developments have led to the fragmentation of production and the emergence of the concept of global value chains. This has ushered in the role of services for linking the production network, resulting in a greater composition of services in the value of tradable....

Globally, healthcare is a key sector for the overall well-being of a country and its population. By 2030, at least 60 percent of the global population will be living in Asia, and one in four will be over 60 years of age. As the COVID-19 pandemic highlighted the importance of the sector, it also...