Shifting Sands

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Bol Facing the erosion of an export-led, labor-intensive model amidst rising protectionism, rapid technological shifts, an aging workforce, and climate risks, East Asia stands at a crossroads. The analysis details a three-part strategy: harnessing technology, pursuing domestic reforms, and boosting international collaboration. East Asia's export-led, labor-intensive growth relied on open markets and abundant basic skills. Rising protection, rapid technological change, aging, and climate risks are eroding this model. The report assesses these shifts and proposes a three-pronged response: harness technology, pursue domestic reforms, and deepen international cooperation.

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Facing the erosion of an export-led, labor-intensive model amidst rising protectionism, rapid technological shifts, an aging workforce, and climate risks, East Asia stands at a crossroads. The analysis details a three-part strategy: harnessing technology, pursuing domestic reforms, and boosting international collaboration. East Asia's export-led, labor-intensive growth relied on open markets and abundant basic skills. Rising protection, rapid technological change, aging, and climate risks are eroding this model. The report assesses these shifts and proposes a three-pronged response: harness technology, pursue domestic reforms, and deepen international cooperation.


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EAN
  • 9781464823190
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