CHAPTER 1
Introduction 5
1. Issues at hand and the need for this study 7
2. Purpose 9
3. Content 9
CHAPTER 2
Previous Studies and Theoretical Background 11
1. Literature Review 13
2. Theoretical Background 15
CHAPTER 3
Data Source and Analysis Methodology 23
1. Data Source 25
2. Analysis Methodology 27
CHAPTER 4
Analysis Outcome 33
1. Categorization of 'Low-level, Low-welfare' and 'High-level, High-welfare' 35
2. Enablers and Economic Status and Competitiveness 42
CHAPTER 5
Conclusion and Policy Implications 95
References 99