The Intangible Economy

Deborah K. Elms is Founder and Executive Director of the Asian Trade Centre, Singapore. She is also a senior fellow in the Singapore Ministry of Trade and Industry's Trade Academy. Her research interests are negotiations and decision making, and her current research involves the Trans-Pacific Partnership (TPP), Regional Comprehensive Economic Partnership (RCEP), ASEAN Economic Community (AEC) negotiations and global value chains. Arian Hassani is currently based in Hong Kong where she covers J. P. Morgan's philanthropic activities across ASEAN and Australia, focusing on job creation and poverty alleviation. She has over fourteen years of experience as an international development professional. Before joining J. P. Morgan, Arian managed Fung Global Institute's (FGI) research on Asian finance, supply chains, governance, and sustainability. Patrick Low is Visiting Professor and Director of the Asia Global Institute's Asia Global Fellows Programme at Hong Kong University. From 1997 to 2013, he was Chief Economist at the World Trade Organization and a senior research economist at the World Bank from 1990 to 1994, where he worked on trade issues, trade and environment, fiscal policy and governance in customs administrations.

• List of figures, Tables and boxes; Acknowledgments; 1. Introduction Deborah K. Elms, Arian Hassani and Patrick Low; 2. Contextualizing services in the world economy Patrick Low and Arian Hassani; 3. Services and development: priorities for reform Christopher Findlay; 4. Gainfully linking into global value chains: a middle-income country's perspective Maria Joy V. Abrenica; 5. Who governs global value chains? Sherry Stephenson and Anne-Katrin Pfister; 6. Supply chain finance Gloria O. Pasadilla; 7. Services and economic integration in ASEAN Julia Puspadewi Tijaja; 8. Indian IT firms: the push for innovation Dev Nathan, Sandip Sarkar and Balwant Singh Mehta; 9. Leveraging business process outsourcing for growth Pradeep Mukherji and Chirag Rawat; 10. Services in global value chains and the impact of policy Denise Cheung and David Sit; Index.