A Resurgent East Asia : Navigating a Changing World.
| Author/creator | Mason, Andrew D., 1959- |
| Other author | Shetty, Sudhir, 1958- |
| Format | Electronic |
| Publication Info | Washington, D.C. : World Bank Publications, 2019. |
| Description | 1 online resource (197 pages). |
| Supplemental Content | ProQuest Ebook Central |
| Subjects |
| Series | World Bank East Asia and Pacific Regional Report World Bank East Asia and Pacific regional report. ^A1302964 |
| Contents | Cover; Half Title; Title; Copyright; Contents; Foreword; Acknowledgments; Abbreviations; Overview; Introduction; The East Asian development model has worked; Changing times, rising challenges; Navigating a changing world: directions for policy; Notes; References; 1 Developing East Asia: Retrospect and Prospects; Introduction; East Asia's development strategy; Key development trends; What is changing and why it matters for developing East Asia; Structure of the report; Notes; References; 2 Sustaining Productivity Growth; Introduction; Productivity trends across the region and the world |
| Contents | Drivers of East Asia's productivity trendsSustaining productivity growth in East Asia: Challenges and opportunities; Conclusion; Notes; References; 3 Fostering Inclusive Growth; Introduction; Early drivers of growth with equity; Emerging challenges to ensuring shared growth; The changing nature of work; Rising returns to higher-order skills; How prepared is developing East Asia to foster inclusive growth in the future?; Conclusion; Notes; References; 4 Enhancing State Effectiveness; Introduction; The state of state effectiveness in developing East Asia |
| Contents | Political economy challenges in middle-income countries; Rising societal expectations; Enhancing state effectiveness in developing East Asia: Challenges and opportunities; Conclusion; Annex 4A: Description of data sources; Notes; References; 5 Navigating a Changing World: Directions for Policy; Introduction; The five pillars of the policy agenda; Pillar 1: Boosting economic competitiveness; Pillar 2: Building skills; Pillar 3: Enhancing inclusion; Pillar 4: Strengthening institutions; Pillar 5: Financing the transition to high income; Conclusion; Notes; References; Boxes |
| Contents | 1.1 Building on a quarter century of World Bank studies on East Asian development; 2.1 Innovation patterns in developing East Asia: Evidence from enterprise survey data; 2.2 The Global Innovation Index; 3.1 Global evidence on technology and jobs: Increasing demand for more-advanced skills; 3.2 Digital technology: Its potential for promoting inclusive growth in developing East Asia; 3.3 Skills for the new economy; 3.4 Digital technology and the challenge of financial inclusion; 3.5 The redistributive impacts of fiscal policies in Indonesia and Vietnam: A more detailed look |
| Contents | 4.1 State-owned enterprise capture in Vietnam; 4.2 A growing middle class with persistently poor access to quality public services: The case of Indonesia; 4.3 Raising government revenues faces multiple challenges in developing East Asia; 5.1 Fostering digital inclusion: Malaysia's eRezeki and eUsahawan programs; 5.2 Strengthening meritocratic hiring and promotion, civil service performance, and performance management: Recent initiatives in Indonesia and China; Figures; O.1 Real GDP growth has been high in developing East Asia, 1991-2016 |
| Summary | 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-incomestatus-has been built on what has come to be known as the "East Asiandevelopment model". A combination of policies that fostered outward-oriented, labor-intensive growth while strengthening basic human capital and providing sound economicgovernance has been instrumental in moving hundreds of millions of people out ofpoverty and into economic security. Yet East Asia's economic resurgence remains incomplete. More than 90 percent of its peoplenow live in 10 middle-income countries, many of which can realistically aspire to high-incomestatus 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 middies attempt to move up to high-income status, they confront a rapidly changing global andregional 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". The world is changing. How do East Asia's developing economies navigate this change?This is a commendable book on this topic-a must-read for policy makers, academia, and students who are interested in East Asia"--Chatib Basri, Former Minister of Finance, Government of Indonesia"A Resurgent East Asia is a vital publication for the most successful region as it looks to the future and the expectations of its citizens. This study helps to identify the new areasof risk and to suggest ways to ameliorate them. In so doing, it is an invaluable resource for governments. Based on first-rate analysis, it is a must-read for policy makers and everyone interested in East Asia's development prospects!"--Danny Leipziger, Managing Director, The Growth Dialogue, and Professorof International Business, George Washington University"This report delivers a careful and rigorous analysis of the strengths of East Asia's 'growth with equity' development strategy. While noting the model's success in lifting millions outof poverty, the report also warns of the looming challenge of maintaining growth with inclusion, and it highlights the need for countries to improve their social protection systems and ensure that opportunities are fair and available to all. A must-read for policy makersand development practitioners alike"- Ana Revenga, Senior Fellow, Brookings Institution. |
| General note | O.2 Poverty has been declining and economic security increasing in developing East Asia, 2002-16 |
| Bibliography note | Includes bibliographical references. |
| Source of description | Print version record. |
| Genre/form | Electronic books. |
| ISBN | 9781464813719 |
| ISBN | 146481371X |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |