ASEAN and Global Value Chains: Locking in Resilience and Sustainability

ASEAN and Global Value Chains: Locking in Resilience and Sustainability PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929270088X
Category : Business & Economics
Languages : en
Pages : 283

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Book Description
Analyzing how the role of ASEAN economies in global value chains has helped spur their recovery and cut poverty, this publication shows the need to future-proof these critical networks to ensure inclusive, sustainable, and greener growth. It explains how the expansion of cross-border trade networks has helped Southeast Asian economies bolster manufacturing and spark a wave of job creation and innovation. On the flipside, it considers the associated environmental impact and social inequality. Highlighting systemic shocks to global trade, it explains how economic momentum, stronger institutions, and more inclusive growth can help mitigate risks and build resilient economies.

ASEAN and Global Value Chains: Locking in Resilience and Sustainability

ASEAN and Global Value Chains: Locking in Resilience and Sustainability PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929270088X
Category : Business & Economics
Languages : en
Pages : 283

Get Book Here

Book Description
Analyzing how the role of ASEAN economies in global value chains has helped spur their recovery and cut poverty, this publication shows the need to future-proof these critical networks to ensure inclusive, sustainable, and greener growth. It explains how the expansion of cross-border trade networks has helped Southeast Asian economies bolster manufacturing and spark a wave of job creation and innovation. On the flipside, it considers the associated environmental impact and social inequality. Highlighting systemic shocks to global trade, it explains how economic momentum, stronger institutions, and more inclusive growth can help mitigate risks and build resilient economies.

Strengthening Sustainable Digitalization of Asian Economy and Society

Strengthening Sustainable Digitalization of Asian Economy and Society PDF Author: Ordóñez de Pablos, Patricia
Publisher: IGI Global
ISBN:
Category : Business & Economics
Languages : en
Pages : 458

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Book Description
In the ongoing evolution of Asia's economy and society, there is a crucial need to explore innovative conceptual frameworks, empirical studies, and case analyses. These endeavors aim to unravel the intricate relationship between digital transformation and the imperative for fostering a greener, more circular, and climate-neutral Asian economy. Strengthening Sustainable Digitalization of Asian Economy and Society explores the intersection between digital technologies, knowledge management, and sustainable development. The book addresses the challenges and opportunities the digital age poses, examining how advanced information technologies, including artificial intelligence, IoT, and machine learning, coupled with practical knowledge management, can catalyze a transformative journey. Strengthening Sustainable Digitalization of Asian Economy and Society unravels how these digital tools and solutions impact the realization of the Sustainable Development Goals (SDGs) by 2030, offering invaluable insights for academics, researchers, industry players, policymakers, and stakeholders. This book emphasizes the ASEAN region, providing an understanding of the regional nuances in the digital transition by presenting comparative regional studies, including Asia, Europe, the USA, Latin America, Africa, and the Gulf Region.

Post-Pandemic Economic and Social Development

Post-Pandemic Economic and Social Development PDF Author: Muzalwana Abdul Talib
Publisher: Taylor & Francis
ISBN: 1040254292
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
This book explores Malaysia’s experience during the COVID-19 pandemic, analyzing the profound economic and societal challenges faced from 2020 to 2022. The coverage of Malaysia’s post-pandemic recovery provides valuable insights into ongoing global issues. Contributors to this book address a wide range of topics, including unemployment, monetary and trade policies, tourism, human capital development, and women’s labor participation. They also examine the rise of the gig economy, poverty alleviation efforts, and social safety nets. By presenting model applications and empirical research, the book offers data-driven policy advice to handle challenges that arise from pandemics, such as rising inflation, supply chain disruptions, disparities and sustainability issues. This book will interest academics and researchers in the field of econometrics, Asian economics and Malaysian studies. It will also act as a useful guide for NGOs, practitioners, public administrators, and economic policymakers involved in post-COVID-19 economic revival and policy development.

Global Value Chains in a Changing World

Global Value Chains in a Changing World PDF Author: Deborah Kay Elms
Publisher:
ISBN: 9789287038821
Category : Business & Economics
Languages : en
Pages : 409

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Book Description
A collection of papers by some of the world's leading specialists on global value chains (GVCs). It examines how GVCs have evolved and the challenges they face in a rapidly changing world. The approach is multi-disciplinary, with contributions from economists, political scientists, supply chain management specialists, practitioners and policy-makers. Co-published with the Fung Global Institute and the Temasek

Global Value Chain Development Report 2021

Global Value Chain Development Report 2021 PDF Author: Banque asiatique de développement
Publisher:
ISBN: 9789287054296
Category : Business logistics
Languages : en
Pages : 0

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Book Description
A radical shift is underway in global value chains as they increasingly move beyond traditional manufacturing processes to services and other intangible assets. Digitization is a leading factor in this transformation, which is being accelerated by the coronavirus disease (COVID-19) pandemic. The Global Value Chain Development Report, the third of a biennial series, explores this shift beyond production. The report shows how the rise of services value chains offers a new path to development and how protectionism and geopolitical tensions, environmental risks, and pandemics are undermining the stability of global value chains and forcing their reorganization geographically. It is co-published by the WTO, the Asian Development Bank, the Research Institute for Global Value Chains at the University of International Business and Economics, the Institute of Developing Economies, and the China Development Research Foundation.

ASEAN 2030

ASEAN 2030 PDF Author: ADBI
Publisher: Brookings Institution Press
ISBN: 4899740522
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with the proper policy mix—including domestic structural reforms and bold initiatives for regional integration—ASEAN has the potential to reach by 2030 the average quality of life enjoyed today in advanced economies and to fulfill its aspirations to become a resilient, inclusive, competitive, and harmonious (RICH) region. Key challenges moving forward are to enhance macroeconomic and financial stability, support equitable growth, promote competitiveness and innovation, and protect the environment. Overcoming these challenges to build a truly borderless economic region implies eliminating remaining barriers to the flow of goods, services, and production factors; strengthening competitiveness and the institutional framework; and updating some governing principles. But ASEAN should not merely copy the European Union. It must maintain its flexibility and pragmatism without creating a bloated regional bureaucracy. The study’s main message is that through closer integration, ASEAN can form a partnership for achieving shared prosperity in the region and around the globe.

Industry 4.0

Industry 4.0 PDF Author: Venkatachalam Anbumozhi
Publisher:
ISBN: 9786025460098
Category : Industry 4.0
Languages : en
Pages : 402

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Book Description


Global Value Chains: What are the Benefits and Why Do Countries Participate?

Global Value Chains: What are the Benefits and Why Do Countries Participate? PDF Author: Ms.Faezeh Raei
Publisher: International Monetary Fund
ISBN: 1484395484
Category : Business & Economics
Languages : en
Pages : 31

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Book Description
Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs through multiple channels. However, little is known empirically about the economic importance of supply chains. We use the Eora MRIO database to compute different measures of GVC participation for 189 countries and illustrate global patterns of supply chains as well as their evolution over time in order to contribute to this topic. We find that GVC-related trade, rather than conventional trade, has a positive impact on income per capita and productivity, however there is large heterogeneity and the gains appear more signifcant for upper-middle and high-income countries. We document that “moving up” to more high-tech sectors while participating in major supply chains does take place but is not universal, suggesting other factors matter. We confirm the findings of the standard gravity literature for GVC trade; highlighting the key role of institutional features such as contract enforcement and the quality of infrastructure as determinants of GVC participation.

Asia Rising

Asia Rising PDF Author: Hal Hill
Publisher: Edward Elgar Publishing
ISBN: 1781007985
Category : Business & Economics
Languages : en
Pages : 449

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Book Description
'This book provides a coherent and current account of how India, Indonesia, Malaysia, Thailand, the Philippines and the People's Republic of China coped with the Asian financial crisis of the 1990s and the recent global economic recession, and how they may address future challenges in maintaining growth in difficult times. It features a valuable overview of issues from a regional perspective, five chapters on general elements and obstacles in development, and individual chapters on the experience of each of the six countries. Every chapter is replete with relevant institutional and statistical data. The volume fills a void in the literature and is highly recommended for graduate students and for economists concerned with contemporary Asia.' – Peter Drake, The University of New England and Australian Catholic University, Australia 'To understand what makes Asia tick in the face of continuing global uncertainty and instability one has to go beyond numbers into the region's psyche and idiosyncrasies. This volume provides an interestingly intrusive and refreshingly insightful analysis of a highly complex phenomenon that defies generalizations as shown by the diversity of individual country experiences.' – Mohamed Ariff, International Centre for Education in Islamic Finance (INCEIF), Malaysia The center of global economic activity is shifting rapidly towards Asia, driven by a combination of the economic dynamism of the People's Republic of China, India, and other middle-income Asian countries, and sluggish growth in the OECD economies. The rapid growth and rising global prominence have raised a range of major challenges for Asia and for the rest of the world. This comprehensive, forward-looking book examines these issues through in-depth studies of major Asian economies and an analysis of the key development policy options. The contributors, leading international authorities in their field, explore cross-cutting thematic issues with special reference to developing Asia. They address a broad range of subjects including: investment and productivity, savings and the savings–investment relationship, financial development, the provision of infrastructure, and governance and institutions. Detailed country studies focusing on the People's Republic of China, India, Indonesia, Malaysia, the Philippines, and Thailand not only provide an analytical narrative for each case study, but also draw attention to the similarities and diversity within the region. This challenging and thought-provoking book will prove an important point of reference for scholars, researchers, and students in the fields of economics, development economics, and Asian studies.

Global Value Chains and Productivity: Micro Evidence from Estonia

Global Value Chains and Productivity: Micro Evidence from Estonia PDF Author: Hang T. Banh
Publisher: International Monetary Fund
ISBN: 1513542303
Category : Business & Economics
Languages : en
Pages : 41

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Book Description
The COVID-19 pandemic has led to an unprecedented collapse in global economic activity and trade. The crisis has also highlighted the role played by global value chains (GVC), with countries facing shortages of components vital to everything from health systems to everyday household goods. Despite the vulnerabilities associated with increased interconnectedness, GVCs have also contributed to increasing productivity and long-term growth. We explore empirically the impact of GVC participation on productivity in Estonia using firm-level data from 2000 to 2016. We find that higher GVC participation at the industry level significantly boosts productivity at both the industry and the firm level. Frontier firms, large firms, and exporting firms also benefit more from GVC participation than non-frontier firms, small firms, and non-exporting firms. We also find that GVC participation of downstream industries has a negative correlation with productivity. Frontier firms and large firms benefit more from GVC participation of upstream industries, while non-frontier firms and small firms benefit more from GVC participation of downstream industries. Our results suggest that policies designed to promote participation in GVCs are important to raise aggregate productivity and potential growth in Estonia.