Libros
The Innovation Imperative for Developing East Asia
ISBN: 978-1-4648-1656-7
Editorial: The World Bank Group
Licencia: Creative Commons (by)
Autor(es): Cirera, Xavier, [et al.]
Editorial: The World Bank Group
Licencia: Creative Commons (by)
Autor(es): Cirera, Xavier, [et al.]
After a half century of transformative economic progress that moved hundreds of millions of people out of poverty, countries in developing East Asia are facing an array of challenges to their future development. Slowed productivity growth, increased fragility of the global trading system, and rapid changes in technology are all threatening export-oriented, labor-intensive manufacturing—the region's engine of growth. Significant global challenges—such as climate change and the COVID-19 pandemic—are exacerbating economic vulnerability. These developments raise questions about whether the region's past model of development can continue to deliver rapid growth and poverty reduction.
[Washington: 2021]
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