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Ganeshan Wignaraja
Ganeshan Wignaraja is Advisor, Economic Research and Regional Cooperation Department at Asian Development Bank, Manila. Prior to this, he was Director of Research of the Asian Development Bank Institute in Tokyo. In a career spanning over 25 years in international economics research, economic policy and advisory work, he has held positions at the Asian Development Bank, the Commonwealth Secretariat, the OECD, Oxford University, Overseas Development Institute, the United Nations University Institute for New Technologies and a UK consulting firm. He has published 13 books on international economics, regional integration, small and medium enterprises, development economics and development finance. He is an associate editor of the Journal of Asian Economics. He holds a D.Phil. in economics from Oxford University and a B.Sc. in economics from the London School of Economics.
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Assessing the economic effects of India 'Looking East'
PM Modi recently said that India needs to move from ‘Look East’ to ‘Act East’ and that this is a key component of his government’s foreign policy. In this article, Ganeshan Wignaraja, an economist at the Asian Development Bank, assesses the impact of India’s ‘Look East Policy’ of 1991 on India-East Asia economic integration. He contends that closer ties with East Asia can lead to significant economic gains for India provided government and businesses work together to promote reforms and regional integration.
What impedes SMEs from joining Asian supply chains?
While Small and Medium Enterprises play a significant role in job creation at the country level in Asia, they are underrepresented in Asian supply chains. This column analyses data from 5,900 manufacturing enterprises from five Southeast Asian economies - Malaysia, Thailand, Indonesia, the Philippines and Vietnam - to assess the extent of and constraints on SME participation in Asian supply chains.