Book

A Resurgent East Asia : Navigating a Changing World

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collection.link.39
https://openknowledge.worldbank.org/handle/10986/2147
collection.name.39
World Bank East Asia and Pacific Regional Report
dc.contributor.author
Mason, Andrew D.
dc.contributor.author
Shetty, Sudhir
dc.date.accessioned
2018-11-13T19:59:08Z
dc.date.available
2018-11-13T19:59:08Z
dc.date.issued
2019
dc.description.abstract
East Asia has been a paragon of global development success. The dramatic transformation of the region over the past half century—with a succession of countries having progressed from low-income to middle-income and even to high-income status—has been built on what has come to be known as the “East Asian development model.” A combination of policies that fostered outward-oriented, labor-intensive growth while strengthening basic human capital and providing sound economic governance has been instrumental in moving hundreds of millions of people out of poverty and into economic security. Yet East Asia’s economic resurgence remains incomplete. More than 90 percent of its people now live in 10 middle-income countries, many of which can realistically aspire to high-income status in the next generation or two. But these countries are still much less affluent and productive than their high-income counterparts. Even as the region’s middle-income countries attempt to move up to high-income status, they confront a rapidly changing global and regional economic environment. Slowing growth in global trade and shifts in its patterns, rapid technological change, and evolving country circumstances all present challenges to sustaining productivity growth, fostering inclusion, and enhancing state effectiveness. A Resurgent East Asia: Navigating a Changing World is about how policy makers across developing East Asia will need to adapt their development model to effectively address these challenges in the coming decade and sustain the region’s remarkable development performance.
en
dc.identifier.isbn
978-1-4648-1333-7
dc.identifier.uri
http://hdl.handle.net/10986/30858
dc.language
English
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
World Bank East Asia and Pacific Regional Report;
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
GROWTH DRIVERS
dc.subject
ECONOMIC GROWTH
dc.subject
HUMAN CAPITAL
dc.subject
GOVERNANCE
dc.subject
DEVELOPMENT MODELS
dc.subject
EMERGING MARKET ECONOMIES
dc.subject
TECHNOLOGY CHANGE
dc.subject
TRADE
dc.subject
EMPLOYMENT
dc.subject
SERVICES SECTOR
dc.subject
ACCOUNTABILITY
dc.subject
SOCIAL INCLUSION
dc.subject
PRODUCTIVITY GROWTH
dc.subject
INCLUSIVE GROWTH
dc.subject
INEQUALITY
dc.subject
SHARED PROSPERITY
dc.title
A Resurgent East Asia
en
dc.title.subtitle
Navigating a Changing World
en
dc.type
Book
en
okr.date.disclosure
2018-12-09
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1333-7
okr.identifier.internaldocumentum
211333
okr.identifier.report
132849
okr.imported
true
en
okr.language.supported
en
okr.region.administrative
East Asia and Pacific
okr.region.geographical
East Asia
okr.topic
Macroeconomics and Economic Growth :: Economic Development
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.topic
Poverty Reduction :: Employment and Shared Growth
okr.topic
Poverty Reduction :: Inequality
okr.topic
Social Development :: Social Inclusion & Institutions
okr.unit
EAPCE

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