The ASEAN Services Sector and the Growth Rebalancing Model

Rafaelita Aldaba and Gloria Pasadilla

Working Papers from eSocialSciences

Abstract: The growth rebalancing model, which places the nontradable services sector on center stage, is important to spur on faster growth in this sector and tap its potential to become another engine of growth for ASEAN economies. While ASEAN countries have allocated the bulk of their fiscal stimulus packages to infrastructure spending, the present levels are nevertheless considered insufficient to create a large impact on growth. By focusing on the provision of infrastructure and social services like power, ports, roads, and mass transit, along with health and education, governments can address the large investment backlogs in these sectors. [ADBI Working Paper 246]

Keywords: model; nontradable; services sector; center stage; ASEAN; fiscal; stimulus packages (search for similar items in EconPapers)
Date: 2010-09
New Economics Papers: this item is included in nep-fdg
Note: Institutional Papers
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.esocialsciences.org/Download/repecDownl ... &AId=2922&fref=repec

Related works:
Working Paper: The ASEAN Services Sector and the Growth Rebalancing Model (2011)
Working Paper: The ASEAN Services Sector and the Growth Rebalancing Model (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:2922

Access Statistics for this paper

More papers in Working Papers from eSocialSciences
Bibliographic data for series maintained by Padma Prakash ().