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Asian Development Outlook 2017: Transcending the Middle-Income Challenge
Paperback
Series: Asian Development Outlook (Ado), Book 2017
Business GeneralEconomicsGeneral Sociology
ISBN13: 9789292577872
Publisher: Asian Development Bank
Published: May 30 2017
Pages: 277
Weight: 2.34
Height: 0.92 Width: 8.50 Depth: 11.00
Language: English
Decades of rapid growth transformed developing Asia from a low-income region to middle income. Sustaining growth to power the transition to high income will depend on much greater improvement in productivity. Innovation, human capital, and infrastructure are the three pillars of productivity growth. Supportive institutions and policies, underpinned by macroeconomic stability, can strengthen all three pillars. Asia's dynamic track record suggests that attaining high income status, while challenging, is achievable.
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