This paper discusses how international integration affects the need and scope for welfare state activities. The first part reviews the main mechanisms, which have been considered in the literature, namely, tax base mobility, risk and race to the bottom effects in welfare policies. The second...

The global economic crisis has affected the East Asian economies via trade and investment. The export-led model which had been responsible for the “East Asian Miracle” now must redirect the basis of growth from exports sent to the US and Europe to regional and domestic demand. Regional trade...

This article first examines the investment climate in ASEAN countries and the role of foreign investment policies. It then analyses the trends and the sectoral pattern and country sourcing of FDI and higlights the experience of Singapore. Finally, it examines the prospects of FDI in ASEAN,...